Title: Positive and Negative impact of Globalization - Pros and Cons
Headings: Positive and Negative impact of Globalization
Positive and Negative impact of Globalization
The Impact of Globalization
Positive Impact of Globalization:
Negative Impact of Globalization:
Alan Behrens

Content: Though globalization can help in the transformation of a developing country to a developed country, it can also prove to be disastrous in many other ways. Many studies show that globalization can be both beneficial and harmful to the developing countries. The increased amount of competition has also resulted in the loss of value of the humanity in the world. People, today, are more connected to technology than family. But technological innovations have also helped the economic progress to a great extent. All the developments that have happened around the world are mainly due to industrialization and globalization. The various cultural barriers have also been lifted as a result of this globalization. The foreign trade would also have not been possible without the technological and industrial developments. Without globalization, no country would have witnessed the remarkable progress in their economies as well as their societies. The integration of the countries has, in fact, opened up to us a wide array of opportunities.