Title: Is Globalization Good or Bad? A Comparative Analysis - Opinion Front
Headings: Is Globalization Good or Bad? A Comparative Analysis
Is Globalization Good or Bad? A Comparative Analysis
Two Sides of the Same Coin
What it Offers
1. Provides Wider Choices
2. Improves Quality
3. Improves Communication and Transportation
4. Boosts Economy
5. Provides Freedom of Choice
6. Spreads Knowledge
7. Promotes Progressive Thinking
What it Affects
1. Promotes Traits of Commercialism
2. Destroys Ethnic Cultures
3. Affects Local Markets
4. Promotes Danger of Spreading Disease
5. Creates Social Divides
6. Leads to Wastage of Resources
7. Promotes Health Risks
Like it? Share it!

Content: 2. Destroys Ethnic Cultures
With so much emphasis on being global, people are forgetting what is local. They are disregarding their culture, ethnicity, and local traits in preference for foreign practices. It is feared that it won’t be long before countries lose out on their culture and heritage. 3. Affects Local Markets
When foreign goods flood the market and people begin to buy them, it is done at the cost of local goods. This is especially true of developing countries. For example, small time businessmen who do not have the resources to export their goods and only depend on the locals to buy them, go through varied degrees of losses because their goods are not sold. There are high chances that if you ask a small time businessman whether globalization is good or bad for developing countries, he’ll probably answer in the negative. 4.