Looking for a high-scoring English essay on the pros and cons of economic globalization.

Globalization`s dual power Globalization has found a significant place in the lives of the people. Dur

Looking for a high-scoring English essay on the pros and cons of economic globalization.

Globalization`s dual power Globalization has found a significant place in the lives of the people. During the process of globalization, we have made a bridge where ideas and beliefs can cross the borders, and the walls of distrust and the barriers of suspicion between countries have gradually disappeared. Though globalization is seen as a sign of a hopeful future by some, there are others who believe that it can cause a horrible disaster for the world economy. Counties benefit a lot from globalization, especially the developing countries. With it, there is a global market for companies to trade their products which can make the production sector develop rapidly. This gives lots of options to the manufacturers as well. Besides, competition keeps prices relatively low and it can provide a wider range of options for people, to choose from among the products of different nations. In addition, there is a sound flow of money, as a result, inflation is less likely to occur. But the disadvantages brought by globalization cannot be ignored. Globalization is causing Europeans to lose their jobs as work is being swerved to the Asian countries. The cost of labor in the Asian countries

is low as compared to other countries which is often argued that poor countries are exploited by the richer countries where the work force is taken advanta

ge of and low wages are implemented. Moreover, companies are as opening their counterparts in other countries which can result in transferring the quality of their product to other countries, thereby increasing the chances of poor quality. Simply put, globalization is an ongoing process of integration of regional economies into global network of communication which the human being cannot hold back. So we should keep a positive attitude toward it, take good use of it and avoid disadvantages at the same time. Thus there will be a better world where all the people can have a brighter future.

Globalization's dual sources of globalization have found an important place in people's lives. In the process of globalization, we have developed a bridge where ideas and beliefs can cross national borders, and the walls of distrust and suspicion between countries are gradually disappearing. While globalization is a sign of a promising future for some, others believe it can wreak dire catastrophe on the world economy. Countries have benefited a lot from globalization, especially developing countries. With it, there are global markets where companies trade their products enabling the production sector to develop rapidly. This gives a lot of choices for manufacturers as well. In addition, competition keeps prices relatively low, which can provide people with a wider choice of products to choose from from different countries. Furthermore, there is money flowing, so inflation is unlikely to occur. However, the shortcomings brought about by globalization cannot be ignored. Globalization is causing Europeans to lose their jobs as jobs are shifting to Asian countries. In Asian countries, labor costs are low compared to other countries, and it is generally believed that poor countries take advantage of low wages by taking advantage of the labor force of richer countries. Additionally, companies operating in other countries can lead to shifting the quality of their products to their peers in other countries, thereby increasing the chances of poor quality. Simply put, globalization is a continuous process of regional economic integration and global communication that humans cannot maintain networks. So we should stay positive and take advantage of it while avoiding disadvantages. Therefore, there will be a better world where all people can have a bright future.