AE 100 Essay
In the last 20 years, globalization is a very buzz-word which people can head it from government, business, and media. Therefore, as a buzz-word, people give it a common definition: ¡°a rapid increase in international trade and investment in the last 20 years which is breaking down national borders and creating a single global economy-often called the ¡®global village¡¯ (Greenfield, 2007)¡±. However not everything is good, globalization also has the advantage and disadvantage.
In the advantage aspects, globalization is good for freedom and prosperity between international transactions, it creates a free market in the whole world, it helps country to attract more investment, hence, globalization promote the growth of the economics, create more jobs and reduce poverty, then, people get more money and their life standard becomes better. All of these are the good influence of the globalization.
In the disadvantage aspects, globalization makes the polarization of......
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Approximate Word Count: 428
Approximate Pages: 2 (260 words per double-spaced page) |