The first and foremost benefit of globalization is economic efficiency. Not only will countries be suitable to revolve about on their primary industries and save budgets developing ineffective ones, but in the customers shoes, they will be provided with a much wider range of products from others. Globalization also situated out the groundwork for free trades, which contributed hugely to the bigger market. So customers can buy various stuffs from all over the ball at reasonable price. Because of globalization people can taste other counties cultures in their place. While some might hypothesise economical liberalization is exploitative, there is a humane side to it. Globalization gives chance to developing countries to develop their national economy.
Secondly, globalization promotes positive political outcomes. Not long ago the world faced two opposing ideologies dividing it, hindering international integration. later on a few wars, world realized what they have to focus on for people in all of the world; peace. concord to Thomas. L. Friedmanss Golden Arches Theory, countries that are democratic do not engage wars against one another. Globalization spreading democratic values certainly helped a lot. With a more united and interdependent world order, problems needing international cooperation can be solved, such as nuclear issues. For example, the menacing and imposing economic sanctions to nations...If you want to get a spacious essay, order it on our website: Orderessay
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