The good and the bad side of globalization.
Mónica Paulina Martínez
Torroella a01034469
The good and the bad side of
globalization.
Of the material covered already in class, we’ve
talked about what does globalization means, what are its main benefits and what
are the problems that we’re facing because of it.
Globalization can be commonly described as the
spread of connecting communication, technology and production all around the
world, involving the diffusion of practices and ideas. According to the Oxford
Dictionary, we can say that globalization is “ The process by which business or
other organizations develop international influence or star operating on an
international scale”.
Now a day, they might exist many pros and cons
towards globalization, in which each one of it, touches basis on different
aspects of the world. (Example: environment, labor, food, governance, etc.)
Some of the benefits of globalization are:
- · New investors can have more opportunity to invest.
- · Companies can access to bigger markets.
- · The consumers can have a much wider variety of products and more competitive prices.
- · People can use other’s countries resources for producing.
Some of the disadvantages of globalization are all
about taking new risks of having new markets, intensification of competition,
imitation, etc.
One example where we can see the pros and cons
about globalization is on the food industry, in which we can perceive how the traditional
food system model changed into a global food system. Now a day, having the
opportunity of buying imported food is easy, making us have a better panorama
of other cultures and way of living. But also, we can forget that especially in
Mexico and in USA we are facing an obesity problem, in which we can blame the
fast food industries, because today trying to find local food in big cities may
be difficult, thanks to all the globalization process, minimizing the diversity
of food.
So we can say that globalization may have its pros
and cons, but it depends on the point of view of each person to determine its
side.
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