Essay Writing: Globalization

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 Globalization



Globalization

Globalization has become a most talked buzzword in the new era of international politics and relation. in fact, globalization is a concept inherent in the New World after the end of the World War 2 by the big and powerful nations. Gloablization is related to free market economy which . means free movement of goods. services. people and information across the national borders.


Globalization is basically an economic concept. it has evolved from late capitalism. 

Globalization aims at 'globalizing'capital and goods. That is globalization is a process at expanding trade and commerce increasing the flow of capital and commodities all over the world by creating a borderless market.

Globalization is now on a strong foundation. The hi-technology  communication and information system and rapid transportation facilities has turned the world into a village,popularly termed as global village.

The countries of the world are now like families in a village. The barrier of land and space has been removed. As a result, we can now learn in an instant what is happening in the farthest corner of the world. We can also travel to any part of the world in the shortest possible time. 

The rapid use of computer, mobile and satellite networks, internet and other information technology has brought the whole world in our drawing room or office room. Globalization has opened up a new horizon of tremendous possibilities for the nations of the world. Countries of the world are very closer to each other. They can spread their Views and ideas, knowledge, communication and information technology. They even can stand by the distressed nations instantly. The process of globalization has made the whole world a free and huge market of goods and services. The inhabitants of the whole world are the consumers of the products. Any product or goods produced in any country is quickly transferred all over the world and thus available anywhere in the globe. So, globalization has increased trade, and commerce, flow of capital money, investment, movement of people and workers all over the world. 

Nothing is an unmixed blessing. Globalization has a great and far reaching and profound impact on many aspects of our life. Globalization has challanged and risked traditional notion. It has been claimed that globalization widening the gap between rich and poor, between develop and developing or underdeveloped nations. 

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Globalization aims as widening market for capital and goods. But at the same time globalization ensures maximum profit for the capitalists and investors. The poor and underdeveloped nations are lagging behind in the competition of market from the other countries.

Capital does not flow alone. With capital and goods. ideas and value, culture and power all move. Thus, globalization is now being seen as a cultural and ideological assault on the developing nations.Globalization has ended racial, cultural and liaguistic varieties and distinction of the nations of the world imposing the ideas, values, social customs of the western world over other nations. English has become global language threatening the existences of minor languages of the world.

Globalization has both prospects and pitfalls. All the countries of the world can create an atmosphere of cooperation, peace and solidarity, every nation can be benefited from the process of globalization and information technology. Every countries should fight together side by side against global problems like poverty, illiteracy, aids, war and conflicts, terrorism and also work together in solving the problems of over- population, hunger and environmental pollution or global warming. The globe then would be better place for everybody.



Thank You All.Be Happy Always And Keep in Touch.

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