What are the goods and the bads of globalization?
Pros and Cons of Globalization The pros of Globalization are many and they are as follows: Now there is a worldwide market for the companies and for the people there is more access to products of different countries. There is a steady cash flow into the developing countries, which gradually decrease the dollar difference. Due to the presence of a worldwide market, there is an increase in the production sector and there are lots of options for the companies now. Gradually there is a world power that is being created instead of compartmentalized power sectors. Politics is merging and decisions that are being taken, are actually beneficial for people allover the world. There is more influx of information between two countries, which do not have anything in common between them. There is cultural intermingling and each other is trying to know about the other’s cultural preferences and in the process of doing so, we are actually coming across things that we like and in the course of time ado