Globalization is a World Where More Nations are Interdependent on Each Other

741 Words Feb 2nd, 2018 3 Pages
Usually globalization is often portray as a economic phenomenon where the transnational corporations(TNCs) whose operations are so massive that it stretches across national borders at the same time influencing economic activities and labor markets. However globalization is not just driven by economic factors, it is also driven by the combination of political, social and cultural factors as well. Over the years globalization enable countries to venture into new markets beyond its border which result in increase in both positive and negative impact on sustainability development. There are many different views of defining sustainability development, according to Bruntland (1986) "Sustainable development" is development that meets the needs of the present without compromising the ability of the future generations to meet their own needs. In other words sustainable development is a path where maximizing human well being for today generations and yet not affecting future generations needs where "needs" refers to three dimension of sustainability of economic, environmental and social factors. In this essay we are going to analyze the impact of globalization on sustainability development, additionally compare and contrast the positive and negative…
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