In simple words one can explain light
Globalization - simply explained
Thus the world is growing closer together and there is a lively exchange of goods between the countries. More products are becoming available and affordable for more people. But not only products and economic goods are exchanged, but also services, knowledge, cultural goods and even languages. And these individual points are all strongly interrelated and influence one another.
But where there is light, there is also shadow. Due to globalization and intensive exchange, this is often at the expense of people or the environment.
If a company relocates production to an economically weak country, people in an industrialized nation lose their jobs. At the same time, many people in the economically weak nation get jobs. Compared to the industrialized nations, the people here work for very little money, which is why they often stay poor. They usually do not even have adequate insurance such as social security or health insurance.
Another disadvantage of globalization are ecological problems such as global warming. The use of airplanes, ships and trucks for transport across national borders is increasing. As a result, more carbon dioxide is released, which in turn is the main cause of global warming.
And national environmental regulations are also being ignored in some countries. In the global competition for locations, this is another cost factor that should be kept as low as possible in order to be attractive for companies.
Globalization is therefore complex and transferable to almost all areas of life. That is why the chain of positive and negative effects can be continued on and on.
It is important to be aware that globalization is neither "good" nor "bad" in and of itself. It depends on what we humans do with the new possibilities in the future.
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