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Assess the benefits and disadvantages of globalisation (there are 5 more questions that you can choose, only need to write one of it, let me know if you need to change a topic) - Essay Example

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Assess the benefits and disadvantages of globalisation (there are 5 more questions that you can choose, only need to write one of it, let me know if you need to change a topic)

Globalization is not a new ideology. For many years, people have been travelling across long distances trading goods and services. During the middle ages, traders toured along the Silk Road that connected China and Europe.
The modern era of globalization started with Industrial Revolution in the 18th century; with new machines producing more goods at cheaper prices, and steamboats and trains transporting goods faster and further. Since then, globalization has speedily developed over the years, and it is easier today for people to work in countries other than their home countries. The internet gives companies a chance to reach more customers around the globe while workers are employed in companies that may be miles away. The debate on globalization is growing. Whereas many nations favour it because their governments believe their economies can grow, other people disagree. The opponents feel that all countries including the poor countries should benefit from globalization by improving mainly, their technology, education, and economy (ORourke & Williamson 1999).
According to Sachs (1992), the global homogenization is in full swing. A world’s monoculture is easily accessible in the entire world. With increased assimilation of humanity beyond nations, the world is compressing into an interdependent global community. Today, many people liken the globalization process with the promotion of Western nations interests. This makes the developing countries feel compelled to declare their superiority and accept the Western way of life as the norm. Because of executing Western ideologies, homogenization of cultures and loss of identity occurs. The diversity and wide variety of cultures have been a peoples identity for a long time. Societies have prospered and grown through borrowing from each others cultures. Today, cultures have stopped being ...Show more
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Summary

With the existing thoughts and intricacies in the political, economic and socio-cultural beliefs, man is continuing to contemplate about aspects of his nature. Commerce, trade, unity, and equality take the lead in mans complexities…
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