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“Globalization has different effects on different countries.” Illustrate the statement. |
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Answer» Globalization has different effects on different countries. Economy of some countries is increasing at a rapid pace. Some countries have became financially backward. The establishment of justice is still in crisis. It weakens the society due to removal of protection of the government for the weaker sections. They are facing losses instead of profit. In the era of globalization, some intellectuals are talking of social security cover for the backward people. Some people are condemning globalization as a new form of colonialism, while the supporters of globalization believe that globalization increases development and prosperity. Due to openness, prosperity of common men increases. Every country gets benefits from globalization. |
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