The Pros and Cons of Globalization Essay

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Globalization is the process by which states become interdependent on each other on all spheres of life. It is a process where countries go global by adapting universal characteristics involving human race. It is therefore the process of uniting people of the world into one unit with universal characteristics. This characteristics include; systems of education, politics, democracy, economy among many others. Through globalization economies, civilizations and societies become integrated into a globalised arrangement of political ideas. There are certain characteristics that describe globalization. In a globalised economy there is an open market society. This happens because the forces of supply and demand are the determinants of prices…show more content…
This multinationals also are responsible for employing a large number of individuals from the investor states therefore reducing high levels of unemployment in this developing countries. Globalization leads to high investment levels and therefore increased wealth. Wealth is generated through economic gains of globalization. The gains have increased access healthcare and water. This consequently has a direct effect to life expectancy levels. Research conducted reveals that more than eighty-five per cent of the population is expected to live for almost sixty-eight years and above. This therefore demonstrates that globalization has a direct effect on access to healthcare and stressing the need to access healthcare services. With globalization there is reduced state autonomy. Multi-nationals have a lot of say in matters to do with the government and other concerned state agencies. Organizations like the World Bank, World Trade Organization have direct link to settlement of government to government disputes and has enabled international political and economic tension to be settled in an amicable manner. This has lead to a strengthened peace for many countries in the international arena. This has lead to a reduced breeding ground for terrorist activities in the global world. The process of globalization is involved with a
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