Globalization Of The New Era Of Modernization Essay

1749 Words Jun 1st, 2016 null Page
In the new era of modernization, globalization has been a topic that is widely discussed for a long time because people cannot decide if it is right or wrong. In definition, Globalization would be businesses moving beyond domestic and national markets to other markets around the world, allowing them to connect with different markets. (Smith) I believe that Globalization’s positive effects outweighs the negative effects that comes along with it. It has widely helped many countries, especially third world countries. I understand why people view globalization in a negative manner, but the world is not perfect, you cannot have something that is completely good. From my point of view, which might be biased because I come from a third world country, globalization is beneficial because it has revolutionized the Philippines. Many people do not like the effect of globalization because they believe jobs away from the main country to give to another country, a country’s individuality begins to lose, and there is a high change for a pandemic to occur because of the higher number of people moving across the world. One reason that people think globalization is bad is that globalization take jobs from the main country. Global companies’ main goal is to make as much profit from their product as possible, and they will do anything to make the make maximum revenue that they could possibly have. It is cheaper to make factories in third world countries because the minimum wage is lesser than…

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