Globalization in MY Eyes 200601014102

[ynn.t...@yahoo.com.cn]

In my eyes, globalization is the process of the world joining together
for a common purpose. You can look it as a recreation of "Pangaea." It
can be for economic, safety, or environmental reasons. The effects of
globalization can be seen in almost everything you look at. You're
always seeing things that are "Made in China".
Two of the major drivers of globalization are declining trade and
investment barriers, and technological factors. After WWII, Western
countries started removing trade barriers. Under GATT and the WTO,
trade barriers have continued to fall, and now do business with
already developed nations, and be able to enter those new markets that
weren’t open to them in the past. This also forces the developing
countries to cut costs by becoming more efficient. The consumers
really benefit from this because they can get the products at a lower
cost. This in return helps the economy because the consumers have more
money to spend on goods.
On the other side, the businessmen and the big companies are the only
winners in globalization. Small companies have to go out of business
because they can’t compete with the multinationals. There will be more
discriminations, because the mix of cultures will increase and people
are afraid of what they don’t know. Every country could lose own
cultural identity, habits and traditions. And these are disadvantages
of globalization.

[rumpki...@yahoo.com.cn]

A good work. But the first sentence is your main topic, so you should
focus on "the process of the world joining together
for a common purpose". Hope you make a progress in next time.

[ynn.t...@yahoo.com.cn]

A good suggestion, thank you!

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