Globalization: Good vs. Bad

Topics: Culture, Developed country, Human Development Index Pages: 4 (1159 words) Published: April 12, 2012
Globalization. Is it good or bad?

Globalization is happening all around us everyday whether it is wanted or not. Some may believe that globalization is a bad thing and should be controlled to some degree. Others say that it is a great thing that is happening in the world and that it should be seen as a move in the positive direction.

What is globalization, What makes it so important, and why is it only recently being noticed? Globalization is a process of interaction and integration between governments, cultures, and companies. It is important because it has effects on the environment, on culture, on politics, and on economics to name a few. Currently speaking, globalization can be summed up as being a free-market, policy driven, open economy and reasonably open governments. People may think that globalization is new, but it is not. In fact globalization has been around for thousands of years, it just had not been noticed as easily as it is today. Technology. Technology is the main reason of why we are noticing globalization. Without technological developments in transportation and communication our world would be much more different. With the developments in transportation people can travel to places that people in the past have dreamt of. Since traveling had been made easier, faster, safer, and more efficient, trading with other countries became possible. The development of the means of communication linked one side of the planet to the other. With communication being a press of a button away news and information can be received within moments of an event happening. All of this is what made globalization more noticeable. Even with all the new communications opened and new opportunities available globalization still is a highly debated topic that seems to split into a pro and con argument.

You have the people that say that globalization will help the whole world to deal with crises like unemployment/poverty, it will help to raise the global...
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