Pros and cons of globalization

Globalization:

In English, a language is defined as: a word derived from the word "world", derived from the triple verb (science), a modern word that entered the Arabic language; after its simultaneous appearance with information and technological development, Indicate the rapid development, which led to changes in many areas, as a result of the existence of means, methods invented and modern invented, or contributed to the development of things that existed previously

The emergence of globalization:

In the Arab world, the Arabs developed trade between countries, and then their business ideas moved to Europe through Portugal, who benefited from the idea of ​​globalization. And thus developed the idea of ​​globalization, without referring directly to its concept, as a result of the lack of thinking to develop a specific formula for it, so many different concepts of globalization, and Atmdt to connect them in the field, which affected it

Pros and cons of globalization:

The phenomenon of globalization is similar to other phenomena, with its pros and cons

The Prospects of Globalization:

Globalization has contributed to the prosperity of many areas that have become part of it. Has created a new way of dialogue and debate among the peoples of the world. Abolished the borders between the countries of the world. It has created jobs for many people who have the right skills for different types of jobs. Enhanced economic and trade exchanges among nations.

The Negatives of Globalization:

Has negatively affected developing countries, and the spread of unemployment, because of its inability to attract sectors of business, and famous companies. The exchange rate of foreign currencies and their trading rates increased at the expense of other currencies. Reduced the proportion of locally manufactured goods and replaced them with international goods imported. Reliance on multinational enterprises because of them, and the absence of local institutions in some countries.

Effects of globalization:

Of the associated effects of globalization: intellectual development has influenced the ideas of many people, contributed to changing previously existing concepts, and replaced with more modern concepts. She managed to combine old heritage, contemporary production, and created new things. Modern communications, which changed and developed old ways of communication, provided the mobile phone invention, which is the latest version of the traditional wired phone. The transportation was easy, so it took many days for flights to take place, and now people can get to the destination they want within hours.

@Lhecenam

I hope you like the article ❤