what is globalization and its importance essay

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✍️Essay on Globalisation: Samples in 100, 150 and 200 Words

• Updated on  
• October 25, 2023

Globalisation means the combination of economies and societies with the help of information, ideas, technology, finance, goods, services, and people. It is a process where multinational companies work on their international standing and conduct operations internationally or overseas. Over the years, Globalisation has had a profound impact on various aspects of society. Today we will be discussing what globalisation is and how it came into existence with the essay on globalisation listed below.

Table of Contents

• 1 How Globalisation Came Into Existence?
• 2 Essay on Globalisation in 100 Words
• 3 Essay on Globalisation in 150 Words
• 4 Essay on Globalisation in 200 Words

How Globalisation Came Into Existence?

For all those unaware, the concepts of globalisation first emerged in the 20th century. Here are some of the key events which led to the development of globalisation in today’s digital world.

• The ancient Silk Route as well as the maritime routes led to the exchange of goods, ideas and culture in several countries. Although these were just trade routes, but later became important centres for cultural exchange.
• Other than this, the European colonial expansion which took place from the 15th to the 20th century led to the setting up of global markets where both knowledge and people were transferred to several developing countries. 
• The evolution and exchange of mass media, cinema and the internet further led to the widespread dissemination of cultures and ideas.

Also Read: Essay on the Importance of the English Language for Students

Essay on Globalisation in 100 Words

Globalization, the interconnectedness of nations through trade, technology, and cultural exchange, has reshaped the world. It has enabled the free flow of goods and information, fostering economic growth and cultural diversity. However, it also raises challenges such as income inequality and cultural homogenization. 

In a globalized world, businesses expand internationally, but local industries can suffer. Moreover, while globalization promotes shared knowledge, it can erode local traditions. Striking a balance between the benefits and drawbacks of globalization is essential to ensure a more equitable and culturally diverse global community, where economies thrive without leaving anyone behind.

Also Read: Essay on Save Environment: Samples in 100, 200, 300 Words

Essay on Globalisation in 150 Words

Globalization is the process of increasing interconnectedness and interdependence among countries, economies, and cultures. It has transformed the world in various ways.

Economically, globalization has facilitated the flow of goods, services, and capital across borders. This has boosted economic growth and reduced poverty in many developing nations. However, it has also led to income inequality and job displacement in some regions.

Culturally, globalization has resulted in the spread of ideas, values, and cultural products worldwide. While this fosters cultural exchange and diversity, it also raises concerns about cultural homogenization.

Technologically, globalization has been driven by advances in communication and transportation. The internet and smartphones have connected people across the globe, allowing for rapid information dissemination and collaboration.

In conclusion, globalization is a complex phenomenon with both benefits and challenges. It has reshaped the world, bringing people closer together, but also highlighting the need for responsible governance and policies to address its downsides.

Also Read: Essay on Unity in Diversity in 100 to 200 Words

Essay on Globalisation in 200 Words

Globalization, a multifaceted phenomenon, has reshaped the world over the past few decades. It involves the interconnectedness of economies, cultures, and societies across the globe. In this essay, we will briefly discuss its key aspects and impacts.

Economically, globalization has led to increased international trade and investment. It has allowed companies to expand operations globally, leading to economic growth in many countries. However, it has also resulted in income inequality and job displacement in some regions.

Culturally, globalization has facilitated the exchange of ideas, values, and traditions. This has led to a more diverse and interconnected world where cultures blend, but it can also challenge local traditions and languages.

Socially, globalization has improved access to information and technology. It has connected people across borders, enabling global activism and awareness of worldwide issues. Nonetheless, it has also created challenges like cybercrime and privacy concerns.

In conclusion, globalization is a double-edged sword. It offers economic opportunities, cultural exchange, and global connectivity, but it also brings about disparities, cultural tensions, and new global challenges. To navigate this complex landscape, the world must strive for responsible globalization that balances the interests of all stakeholders and promotes inclusivity and sustainability.

Related Articles

The movement of goods, technologies, information, and jobs between countries is referred to as globalisation. 

Globalization as a phenomenon began with the earliest human migratory routes, or with Genghis Khan’s invasions, or travel across the Silk Road.

Globalisation allows wealthy nations to access cheaper labour and resources, while also providing opportunity for developing and underdeveloped nations with the jobs and investment capital they require.

For more information on such interesting topics, visit our essay-writing page and follow Leverage Edu ! 

Malvika Chawla

Malvika is a content writer cum news freak who comes with a strong background in Journalism and has worked with renowned news websites such as News 9 and The Financial Express to name a few. When not writing, she can be found bringing life to the canvasses by painting on them.

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Globalization: Definition, Benefits, Effects, Examples – What is Globalization?

• Publié le 21 January 2019
• Mis à jour le 25 March 2024

Globalization – what is it? What is the definition of globalization? Benefits and negative effects? What are the top examples of globalization? What famous quotes have been said about globalization?

What is Globalization? All Definitions of Globalization

A simple globalization definition.

Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.

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An Official Definition of Globalization by the World Health Organization (WHO)

According to WHO , globalization can be defined as ” the increased interconnectedness and interdependence of peoples and countries. It is generally understood to include two inter-related elements: the opening of international borders to increasingly fast flows of goods, services, finance, people and ideas; and the changes in institutions and policies at national and international levels that facilitate or promote such flows.”

What Is Globalization in the Economy?

According to the Committee for Development Policy (a subsidiary body of the United Nations), from an economic point of view, globalization can be defined as: “(…) the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, the flow of international capital and the wide and rapid spread of technologies. It reflects the continuing expansion and mutual integration of market frontiers (…) and the rapid growing significance of information in all types of productive activities and marketization are the two major driving forces for economic globalization.”

• Related: Planet VS Economy: How Coronavirus Is Unraveling A Dysfunctional System

What Is Globalization in Geography?

In geography, globalization is defined as the set of processes (economic, social, cultural, technological, institutional) that contribute to the relationship between societies and individuals around the world. It is a progressive process by which exchanges and flows between different parts of the world are intensified.

Globalization and the G20: What is the G20?

The G20 is a global bloc composed by the governments and central bank governors from 19 countries and the European Union (EU). Established in 1999, the G20 gathers the most important industrialized and developing economies to discuss international economic and financial stability. Together, the nations of the G20 account for around 80% of global economic output, nearly 75 percent of all global trade, and about two-thirds of the world’s population.

G20 leaders get together in an annual summit to discuss and coordinate pressing global issues of mutual interest. Though economics and trade are usually the centerpieces of each summit’s agenda, issues like climate change, migration policies, terrorism, the future of work, or global wealth are recurring focuses too. Since the G20 leaders represent the “ political backbone of the global financial architecture that secures open markets, orderly capital flows, and a safety net for countries in difficulty”, it is often thanks to bilateral meetings during summits that major international agreements are achieved and that globalization is able to move forward.

The joint action of G20 leaders has unquestionably been useful to save the global financial system in the 2008/2009 crisis, thanks to trade barriers removal and the implementation of huge financial reforms. Nonetheless, the G20 was been struggling to be successful at coordinating monetary and fiscal policies and unable to root out tax evasion and corruption, among other downsides of globalization. As a result of this and other failures from the G20 in coordinating globalization, popular, nationalist movements across the world have been defending countries should pursue their interests alone or form fruitful coalitions.

How Do We Make Globalization More Just?

The ability of countries to rise above narrow self-interest has brought unprecedented economic wealth and plenty of applicable scientific progress. However, for different reasons, not everyone has been benefiting the same from globalization and technological change: wealth is unfairly distributed and economic growth came at huge environmental costs. How can countries rise above narrow self-interest and act together or designing fairer societies and a healthier planet? How do we make globalization more just?

According to Christine Lagarde , former President of the International Monetary Fund, “ debates about trade and access to foreign goods are as old as society itself ” and history tells us that closing borders or protectionism policies are not the way to go, as many countries doing it have failed.

Lagarde defends we should pursue globalization policies that extend the benefits of openness and integration while alleviating their side effects. How to make globalization more just is a very complex question that involves redesigning economic systems. But how? That’s the question.

Globalization is deeply connected with economic systems and markets, which, on their turn, impact and are impacted by social issues, cultural factors that are hard to overcome, regional specificities, timings of action and collaborative networks. All of this requires, on one hand, global consensus and cooperation, and on the other, country-specific solutions, apart from a good definition of the adjective “just”.

When Did Globalization Begin? The History of Globalization

For some people, this global phenomenon is inherent to human nature. Because of this, some say globalization begun about 60,000 years ago, at the beginning of human history. Throughout time, human societies’ exchanging trade has been growing. Since the old times, different civilizations have developed commercial trade routes and experienced cultural exchanges. And as well, the migratory phenomenon has also been contributing to these populational exchanges. Especially nowadays, since traveling became quicker, more comfortable, and more affordable.

This phenomenon has continued throughout history, notably through military conquests and exploration expeditions. But it wasn’t until technological advances in transportation and communication that globalization speeded up. It was particularly after the second half of the 20th century that world trades accelerated in such a dimension and speed that the term “globalization” started to be commonly used.

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Examples of Globalization (Concept Map)

Because of trade developments and financial exchanges, we often think of globalization as an economic and financial phenomenon. Nonetheless, it includes a much wider field than just flowing of goods, services or capital. Often referred to as the globalization concept map, s ome examples of globalization are:

• Economic globalization : is the development of trade systems within transnational actors such as corporations or NGOs;
• Financial globalization : can be linked with the rise of a global financial system with international financial exchanges and monetary exchanges. Stock markets, for instance, are a great example of the financially connected global world since when one stock market has a decline, it affects other markets negatively as well as the economy as a whole.
• Cultural globalization : refers to the interpenetration of cultures which, as a consequence, means nations adopt principles, beliefs, and costumes of other nations, losing their unique culture to a unique, globalized supra-culture;
• Political globalization : the development and growing influence of international organizations such as the UN or WHO means governmental action takes place at an international level. There are other bodies operating a global level such as NGOs like Doctors without borders  or Oxfam ;
• Sociological globalization : information moves almost in real-time, together with the interconnection and interdependence of events and their consequences. People move all the time too, mixing and integrating different societies;
• Technological globalization: the phenomenon by which millions of people are interconnected thanks to the power of the digital world via platforms such as Facebook, Instagram, Skype or Youtube.
• Geographic globalization: is the new organization and hierarchy of different regions of the world that is constantly changing. Moreover, with transportation and flying made so easy and affordable, apart from a few countries with demanding visas, it is possible to travel the world without barely any restrictions;
• Ecological globalization: accounts for the idea of considering planet Earth as a single global entity – a common good all societies should protect since the weather affects everyone and we are all protected by the same atmosphere. To this regard, it is often said that the poorest countries that have been polluting the least will suffer the most from climate change .

The Benefits of Globalization

Globalization has benefits that cover many different areas. It reciprocally developed economies all over the world and increased cultural exchanges. It also allowed financial exchanges between companies, changing the paradigm of work. Many people are nowadays citizens of the world. The origin of goods became secondary and geographic distance is no longer a barrier for many services to happen. Let’s dig deeper.

The Engine of Globalization – An Economic Example

The most visible impacts of globalization are definitely the ones affecting the economic world. Globalization has led to a sharp increase in trade and economic exchanges, but also to a multiplication of financial exchanges.

In the 1970s world economies opened up and the development of free trade policies accelerated the globalization phenomenon. Between 1950 and 2010, world exports increased 33-fold. This significantly contributed to increasing the interactions between different regions of the world.

This acceleration of economic exchanges has led to strong global economic growth. It fostered as well a rapid global industrial development that allowed the rapid development of many of the technologies and commodities we have available nowadays.

Knowledge became easily shared and international cooperation among the brightest minds speeded things up. According to some analysts, globalization has also contributed to improving global economic conditions, creating much economic wealth (thas was, nevertheless, unequally distributed – more information ahead).

Globalization Benefits – A Financial Example

At the same time, finance also became globalized. From the 1980s, driven by neo-liberal policies, the world of finance gradually opened. Many states, particularly the US under Ronald Reagan and the UK under Margaret Thatcher introduced the famous “3D Policy”: Disintermediation, Decommissioning, Deregulation.

The idea was to simplify finance regulations, eliminate mediators and break down the barriers between the world’s financial centers. And the goal was to make it easier to exchange capital between the world’s financial players. This financial globalization has contributed to the rise of a global financial market in which contracts and capital exchanges have multiplied.

Globalization – A Cultural Example

Together with economic and financial globalization, there has obviously also been cultural globalization. Indeed, the multiplication of economic and financial exchanges has been followed by an increase in human exchanges such as migration, expatriation or traveling. These human exchanges have contributed to the development of cultural exchanges. This means that different customs and habits shared among local communities have been shared among communities that (used to) have different procedures and even different beliefs.

Good examples of cultural globalization are, for instance, the trading of commodities such as coffee or avocados. Coffee is said to be originally from Ethiopia and consumed in the Arabid region. Nonetheless, due to commercial trades after the 11th century, it is nowadays known as a globally consumed commodity. Avocados , for instance, grown mostly under the tropical temperatures of Mexico, the Dominican Republic or Peru. They started by being produced in small quantities to supply the local populations but today guacamole or avocado toasts are common in meals all over the world.

At the same time, books, movies, and music are now instantaneously available all around the world thanks to the development of the digital world and the power of the internet. These are perhaps the greatest contributors to the speed at which cultural exchanges and globalization are happening. There are also other examples of globalization regarding traditions like Black Friday in the US , the Brazilian Carnival or the Indian Holi Festival. They all were originally created following their countries’ local traditions and beliefs but as the world got to know them, they are now common traditions in other countries too.

Why Is Globalization Bad? The Negative Effects of Globalization

Globalization is a complex phenomenon. As such, it has a considerable influence on several areas of contemporary societies. Let’s take a look at some of the main negative effects globalization has had so far.

The Negative Effects of Globalization on Cultural Loss

Apart from all the benefits globalization has had on allowing cultural exchanges it also homogenized the world’s cultures. That’s why specific cultural characteristics from some countries are disappearing. From languages to traditions or even specific industries. That’s why according to UNESCO , the mix between the benefits of globalization and the protection of local culture’s uniqueness requires a careful approach.

The Economic Negative Effects of Globalization

Despite its benefits, the economic growth driven by globalization has not been done without awakening criticism. The consequences of globalization are far from homogeneous: income inequalities, disproportional wealth and trades that benefit parties differently. In the end, one of the criticisms is that some actors (countries, companies, individuals) benefit more from the phenomena of globalization, while others are sometimes perceived as the “losers” of globalization. As a matter of fact, a recent report from Oxfam says that 82% of the world’s generated wealth goes to 1% of the population.

• Related: Globally, Business And Government Lack Trust, A New Survey Shows

The Negative Effects of Globalization on the Environment

At the same time, global economic growth and industrial productivity are both the driving force and the major consequences of globalization. They also have big environmental consequences as they contribute to the depletion of natural resources, deforestation and the destruction of ecosystems and loss of biodiversity . The worldwide distribution of goods is also creating a big garbage problem, especially on what concerns plastic pollution .

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Globalization, Sustainable Development, and CSR

Globalization affects all sectors of activity to a greater or lesser extent. By doing so, its gap with issues that have to do with  sustainable development  and  corporate social responsibility  is short.

By promoting large-scale industrial production and the globalized circulation of goods, globalization is sometimes opposed to concepts such as resource savings, energy savings or the limitation of greenhouse gases . As a result, critics of globalization often argue that it contributes to accelerating climate change and that it does not respect the principles of ecology. At the same time, big companies that don’t give local jobs and choose instead to use the manpower of countries with low wages (to have lower costs) or pay taxes in countries with more favorable regulations is also opposed to the criteria of a CSR approach. Moreover, the ideologies of economic growth and the constant pursuit of productivity that come along with globalization, also make it difficult to design a sustainable economy based on  resilience .

On the other hand, globalization is also needed for the transitioning to a more sustainable world, since only a global synergy would really be able to allow a real ecological transition. Issues such as global warming indeed require a coordinated response from all global players: fight against CO2 emissions, reduction of waste, a transition to renewable energies . The same goes for ocean or air pollution, or ocean acidification, problems that can’t be solved without global action. The dissemination of green ideas also depends on the ability of committed actors to make them heard globally.

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The Road From Globalization to Regionalization

Regionalization can also be analyzed from a corporate perspective. For instance, businesses such as McDonald’s or Starbucks don’t sell exactly the same products everywhere. In some specific stores, they consider people’s regional habits. That’s why the McChicken isn’t sold in India, whereas in Portugal there’s a steak sandwich menu like the ones you can get in a typical Portuguese restaurant.

Politically speaking, when left-wing parties are in power they tend to focus on their country’s people, goods and services. Exchanges with the outside world aren’t seen as very valuable and importations are often left aside.

• Related: Why Is It Important To Support Local And Small Businesses?

Globalization Quotes by World Influencers

Many world leaders, decision-makers and influential people have spoken about globalization. Some stand out its positive benefits and others focus deeper on its negative effects. Find below some of the most interesting quotes on this issue.

Politic Globalization Quotes

Globalization quote by the former U.S President Bill Clinton ??

No generation has had the opportunity, as we now have, to build a global economy that leaves no-one behind. It is a wonderful opportunity, but also a profound responsibility.

Globalization quote by Barack Obama , former U.S. president ??

Globalization is a fact, because of technology, because of an integrated global supply chain, because of changes in transportation. And we’re not going to be able to build a wall around that.

Globalization quote by Dominique Strauss-Kahn, former International Monetary Fund Managing Director ??

“We can’t speak day after day about globalization without at the same time having in mind that…we need multilateral solutions.”

Globalization quote by Stephen Harper , former Prime Minister of Canada ??

“We have to remember we’re in a global economy. The purpose of fiscal stimulus is not simply to sustain activity in our national economies but to help the global economy as well, and that’s why it’s so critical that measures in those packages avoid anything that smacks of protectionism.”

Globalization quote by Julia Gillard , Prime Minister of Australia ??

“My guiding principle is that prosperity can be shared. We can create wealth together. The global economy is not a zero-sum game.”

Other Globalization Quotes

Globalization quote by the spiritual leader Dalai Lama ??

“I find that because of modern technological evolution and our global economy, and as a result of the great increase in population, our world has greatly changed: it has become much smaller. However, our perceptions have not evolved at the same pace; we continue to cling to old national demarcations and the old feelings of ‘us’ and ‘them’.”

The famous German sociologist Ulrich Beck also spoke of globalization ??

“Globalization is not only something that will concern and threaten us in the future, but something that is taking place in the present and to which we must first open our eyes.”

Globalization quote by Bill Gates, owner and former CEO of Microsoft ??

“The fact is that as living standards have risen around the world, world trade has been the mechanism allowing poor countries to increasingly take care of really basic needs, things like vaccination.”

Globalization quote by John Lennon, member of the music band The Beatles ??

Imagine there’s no countries. It isn’t hard to do. Nothing to kill or die for. And no religion, too. Imagine all the people. Living life in peace. You, you may say I’m a dreamer. But I’m not the only one. I hope someday you will join us. And the world will be as one

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Impact of Globalization Essay | Essay on Impact of Globalization for Students and Children in English

February 13, 2024 by Prasanna

Impact of Globalization Essay: Since the decline of communalism, Globalization has become one of the most controversial and debating issues among people around the World. Globalization has a different definition to different people, and whether it has a positive impact today or was better for yesterday is still questionable. Although a part of the population questions its existence, it has significantly impacted both developed and developing countries’ economies. Globalization cannot simply be related to being political as it has had significant effects on cultural, ideological, and social aspects of people around the World.

To understand the impact of Globalization, it is important to know what it is. One of the popular political scientist, James Rosenau, described the term as a currently popular label and accounted for people’s norms, goods, ideas, services, activities, and currencies that are localized and practiced in a confined area. As per World Health Organization, Globalization is defined as the interdependence and interconnection of people in a local place with the people around the World. The two main elements that need to work here is the ease of flow of goods, services, and activities of people from one place to another and the incorporation and change in policies that allow the easy flow of exchange around the areas.

You can also find more  Essay Writing  articles on events, persons, sports, technology and many more.

Worldwide Interdependence

Globalization is a complex procedure that includes the trends and tendencies of the economic, cultural, and social spheres of the people and places around the World. The process is huge and not easily predictable but organized as well. The liberation of investment and trade, Social networks worldwide, technological innovation, and entrepreneurship are the four major factors of Globalization.

Many political scientists believe that the two major forces that make Globalization effective are technological innovation and entrepreneurship. However, it is impossible to prove that the process works without the intervention of other factors. With the adoption and evolution of market-related laws and policies in local and international fields, the governments have played a significant role by allowing economic integration of special activities and giving major independence to welcome the outside World. Globalization’s financial aspect is the major force that acts as a driving agent for both the political and social parts. Due to the colonization by Europe in various countries, some of the practices and cultural lifestyle is adopted by the people deep inside the African villages.

Globalization Plays a Role in the Worldwide Development

Globalization has made way for the countries to develop rapidly. However, the development is not even because some countries are growing quickly in comparison to others. The interconnection between the countries helped decrease poverty, but it does not equally support global community members. The developing countries lie in a depriving position while the developed countries enjoy all the interconnection benefits. However, when we take a close look at the impact of Globalization worldwide, we can conclude that it has both positive and negative effects on both developed and developing countries.

Globalization has proven to make a positive impact on the quality of life of people in developing countries. Funding from foreign countries and industrialized nations are helping many developing countries to decrease poverty. These funds are spent on improving the social, health, transport structure, and education of developing countries, helping them with a standard of living.

Today, the developing countries can openly communicate and trade through transport, labor, technology, management, and other benefits from other industrialized countries.

The impact of Globalization around the World

Globalization has its backdrops that dually affect both the developed and developing countries. However, considering the positive side to be heavier, people still believe it to be beneficial and aim for a better standard of living for all the poor people around the Globe.

World Trade and Globalizationz

According to political scientists, the impact of Globalization and trade on developing countries and industrialized countries is obvious that has a positive impact on the economic development of the nations. However, economic progress is not possible if the member countries and governments do not allow free trade flow without any limitations. The liberalization of trade will help the free flow of goods and services with an increasing profit to the producer country and the export countries. In the past decade, Uganda has proven to improve its economic situation by allowing free trade flow and restricting laws.

Trade is emerging as a trend in various underdeveloped and developing countries. With the reducing restrictions of trade, labor requirement and demand of manufacturers has risen. Many such industrialists migrate their business and production to developing countries, increasing employment and wealth among poor people. The hosting countries get several benefits from such a situation. Firstly, increase in employment opportunities as a lot of labor and workforce is required in industries. Import of new technology automatically activates with the welcome of new foreign sectors. Therefore, training local employees gives another opportunity for employment for the hosting countries. Often these foreign industries distribute their work and machine factories in various other countries and states. In such cases, the widespread chance of employment paves the way for Globalization.

Globalization Increases Competition Among Countries

With the increase in creativity and innovation, local and Global competition is an automatic result of Globalization. The competition among the producers ensures the quality of the product and the efficiency of producing goods. One of the major positive effects of Globalization is access to foreign interests, culture, and entertainment via music, movies, apparel, and television broadcasts. The cooperation among the government officials and the focus on similar goals has helped distribute knowledge among different underprivileged countries. With Globalization, the news and another kind of interactions can be done faster than expected.

However, with numerous positive effects of Globalization, there are several negative impacts as well, which the critics put together to criticize the concept in developing countries. According to reports of 2004, Globalization’s negative impact has no greater examples than countries like China and India.

Negative Impact of Globalization on Developing Countries

According to political scientists, the major negative impact of Globalization is poverty. Although it is said to have decreased poverty in developing countries, the Secretary-General of the United Nations, Kofi Annan, says that only a few countries are enjoying Globalization’s benefits. In contrast, most developing countries are left behind in the dark. It is not possible to evaluate the effect of Globalization on poverty. However, according to a survey, Sub Saharan Africa shows increased poverty by eighty-two million, central Asia and Europe by fourteen million, and the Caribbean and Latin America by eight million. However, Globalization alone is not responsible for poverty in developing countries, weak reforms, governance, lack of economic policies and ideas. Like Zygmunt Bauman, popular political figures claimed that Globalization makes the industrialized countries rich and the poor developing countries poorer.

Globalization helped several African colonies; however, today, most of them are dependent on large wealthy countries over the years. The African colonies are known for their largely consuming economy. The weak agricultural practice and growth make the overall economy worse in Africa. With the decline of trade and import facilities in the late 90s, the region’s per capita income has slowly reduced. The survey of social and economic conditions of Africa has an external debt of a million dollars.

Impact of Globalization on Health and Diseases

Globalization has made a serious impact on the hygiene of infectious and deadly diseases. It has given the developing countries the opportunity to restraint, prevent and eradicate the infection quickly. The reason why deadly diseases are increasing worldwide is because of the technological challenges that led to the increase of harmful emissions, resulting in global warming. The increase in mosquito breeding in open waters, bathing in pools, and other ways to be contaminated with the Schistosoma’s larvae might result in harmful diseases. With the use of western diets in developing countries, food-related diseases started increasing in the long run.

The western style that took place through Globalization has led the adults and the youth to lose their core values leading to several diseases like AIDS or HIV that have a long-term effect on the country’s society and economy. Before the liberalization came into practice, the coffee farmers of Uganda had a Coffee Marketing Board organized by the Government that worked as a middle man between the farmers and the foreign buyers. Even though the farmer’s infrastructure cost was to be paid, they were assured of a standard price. However, with the introduction of Globalization, Coffee making board was abolished, and the farmers had to shelter in the unpredictability of the world market.

Impact of Globalization on Employment

With the introduction of Globalization, the structure of employment opportunities in developing nations has taken a turn. Before the inception of Globalization, the main source of occupation and economy in developing countries was based on agriculture among both men and women. With the introduction of foreign industrial corporations, the section of people has shifted their occupation from agriculture and joined industries as laborers required for mass production. This led to a small scale of people working in the fields. Evidence shows the decrease of male workers in agricultural areas by sixty-two percent and the female workers by fourteen percent. The increasing unstable income and unemployment with no guarantee of their future result from the employment structure in the developing countries.

Globalization has led to mass unemployment as multinational companies outsource their services. The three main changes that Globalization leads people to are the changes in their income as laborers, changes in prices, and household production-consumption. Before Globalization, there was a difference between skilled and unskilled laborers. However, with serialization, the demand for educated workers gradually increased in the developing countries. Among several debates, the only conclusion found to be similar is that there has been the development of inequalities with Globalization in developing nations.

Impact of Globalization on Cultural Boundaries

Before Globalization came into existence, the native countries had their own culture and practices. It leads to the extinction of various native languages in developing countries. Today, people are keen to learn the common language around the Globe, English, and thus, the cessation of languages is taking place rapidly. The blend of western and local culture has led to the declination of cultural barriers, which has led people’s individuality and culture to fade away. The imbibing of extremist ideas and adaptation of multiple cultures has led to multiculturalism, causing terrorist attacks and suicide terrorism in countries like Sudan, Egypt, Tunisia, Somalia, and many more.

The free trade areas in the developing countries that welcome the foreign investors have turned to adapt more negative points than positives. The female workers of factories are physically and verbally abused to keep up with the foreign industrialists’ production demands, as mentioned in 2003, “The Hidden Face of Globalization”. To maximize production and profit, many multinational companies avoid maintaining a secure and safe environment for their workers. The Philco Ford assembly plant in Taiwan was recorded to kill twelve female workers due to toxic fumes. All these are also leading to a toxic environment harming the eco-friendly areas of the developing countries. Other than these, human trafficking, cheap labor, and other illegal practices are also a result of Globalization.

Impact of Globalization Essay Conclusion

Globalization is a complex procedure that is currently the topic of debate around the World. Since it has both positive and negative impacts on the developed and developing countries, many countries face economic wrath and a serious lack of growth and development. It is the leaders of developed countries’ responsibility to take measures and try to remove poverty from the developing countries and improve their style of living. Imposing various rational laws and reforms for a better guide of liberalization will help the developing countries. All the developing countries must get equal opportunities rather than focusing on a few countries to develop into a better country both in economy and health.

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Essay on Importance of Globalization

Students are often asked to write an essay on Importance of Globalization in their schools and colleges. And if you’re also looking for the same, we have created 100-word, 250-word, and 500-word essays on the topic.

Let’s take a look…

100 Words Essay on Importance of Globalization

Understanding globalization.

Globalization refers to the integration of countries and people worldwide. It involves sharing ideas, products, and cultural aspects across borders.

Benefits of Globalization

Globalization is crucial as it promotes international trade, leading to economic growth. It also encourages cultural exchange, fostering global harmony.

Globalization and Technology

Globalization has been boosted by advancements in technology, making communication and transportation easier and faster.

In essence, globalization is vital for economic and cultural progress. It bridges gaps among nations, promoting peace and prosperity.

250 Words Essay on Importance of Globalization

Globalization refers to the process of interaction and integration among people, companies, and governments worldwide. It’s driven by international trade, investment, and aided by information technology. This phenomenon has effects on the environment, culture, political systems, economic development, and human physical well-being in societies around the world.

Globalization and the Economy

Globalization has played a pivotal role in fostering economic growth. It has allowed countries to partake in international trade, leading to the expansion of market frontiers. Globalization encourages the free movement of goods, services, and labor, promoting economies of scale and efficient allocation of resources.

Cultural Exchange and Globalization

Globalization has also spurred cultural exchange. Through the diffusion of ideas, languages, and cultural practices, societies have become more diverse and enriched. It has led to a greater understanding and tolerance of different cultures, fostering global unity.

The advent of technology has accelerated globalization. Information technology, in particular, has made it possible to instantaneously communicate and conduct business, regardless of geographical distance. This has led to the creation of a global village, further enhancing economic and cultural ties.

The Flipside of Globalization

Despite its benefits, globalization has its drawbacks. It has often been criticized for widening the wealth gap and promoting cultural homogenization. Therefore, it’s essential to strike a balance, harnessing the advantages of globalization while mitigating its potential downsides.

In conclusion, globalization is a double-edged sword. While it has the potential to bring about economic prosperity and cultural exchange, it also carries the risk of exacerbating income inequality and cultural erosion. Therefore, a balanced approach towards globalization is crucial for sustainable development.

500 Words Essay on Importance of Globalization

Introduction to globalization.

Globalization is a phenomenon that has transformed our world into a global village. It is the process of integration and interaction among people, companies, and governments worldwide. This phenomenon has been driven by international trade and investment and aided by information technology.

The Economic Impact of Globalization

Globalization has a profound impact on the economic sphere. It has led to the opening up of world trade, development of advanced means of communication, internationalization of financial markets, growing importance of MNCs, population migrations, and more interconnected markets. This has allowed for the free movement of goods, services, capital, and labor, leading to economies of scale and fostering economic growth.

Globalization and Cultural Exchange

Culture is another area profoundly impacted by globalization. The worldwide spread of ideas, languages, or popular culture happens through globalization. It has led to the diffusion of cultural practices, leading to a global culture. However, it’s a double-edged sword as it also risks the obliteration of local cultures and traditions.

Globalization and the Environment

Globalization has significant environmental implications. On one hand, it has led to increased pollution and environmental degradation due to industrialization. On the other hand, it has also spurred global cooperation to tackle environmental issues. International treaties and global environmental movements are a testament to this.

The technological revolution is both a driver and a product of globalization. The rapid spread of technology and information has not only made globalization possible, but it is also continuously accelerated by it. The internet, for instance, has broken down geographical barriers, allowing instant communication and access to information across the globe.

Globalization and Politics

Globalization has reshaped political landscapes worldwide. It has led to the rise of international political institutions like the UN, EU, and WTO, which govern international relations. While these organizations foster cooperation and peace, they also raise questions about national sovereignty.

Conclusion: The Dual Nature of Globalization

In conclusion, globalization is a complex and multifaceted phenomenon with both positive and negative implications. It has interconnected the world, leading to economic growth, cultural exchange, and global cooperation. However, it also brings challenges such as cultural homogenization, environmental degradation, and political tension. Understanding and managing these dynamics is crucial for harnessing the benefits of globalization while mitigating its challenges. Therefore, the importance of globalization, in all its complexity, cannot be overstated.

That’s it! I hope the essay helped you.

If you’re looking for more, here are essays on other interesting topics:

• Essay on Global Environmental Issues
• Essay on How to Reduce Global Warming
• Essay on How to Prevent Global Warming

Apart from these, you can look at all the essays by clicking here .

Happy studying!

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