Is Globalization Really Necessary?

According to me, due to globalization utilization of resources is effective. Because a country may have more resources less demand or more demand and less resources. So due to globalization effective utilization of resources takes place.

Globalization is a key factor in the development of any nation. Globalization allows you to share your ideas, views especially with the nationals from other countries. India has been able to spread its culture all over the world only due to globalization. Indians always want to go abroad for better job opportunities. Globalization gives you the freedom to settle down in any nation. Globalization is spreading peace all over the world.

In today's digital world, globalisation has created an ecosystem in which the countries can interact and transact easily depending upon their unique selling point. Through globalisation, the countries can develop shared value chains which will further contribute towards the economic development and increase the overall GDP.

Globalization can make people to migrate from one place to another. And also it would bring all over the country together. It's like an opportunity that we can express ourselves all over the world. It's really helpful for the developing country into a developed country. But if we want our country India to be developed, then the country should be in the right person's hand not the person who trying to sell the country.

Anything in the world has both advantages and disadvantages. If I come to disadvantages, that is a youngster in the developing country like to migrate to the developed country. So that the developing country gets affected. Also trading goods and products all over the world affecting the climate conditions.

In my opinion, globalization is really important in all the country.

By these only we can enhance our economical growth and make our country developed.

In simple words, globalization means coming together of people from different parts of the world under a single roof.

Globalisation leads to the development of advanced means of communication, increase employment opportunities, helps in rapid industrialisation and thus leads to economic progress.

Globalisation has its own disadvantages. It leads to air, water and soil pollution and fast depletion of natural resources.

Yes to some extent globalization is very useful to a developing economy. But before going global and government must ensure its own players are competent enough. Otherwise it can backfire. For example let we have all big retail shops are owned by foreign companies in our country. That might create jobs but the Indian people working there must be the lowest paid employees. And that will not help our GDP. We must have some have Indian companies strong enough to enjoy the fruit of globalization.

Hello friends,

In my point of view globalization is very important for all the country.

Globalization is a way to buy or sell the product in the international market which leads to increase the interaction between the people of different country that creates a long term relationship between them, so we define globalization as the interdependence and connectivity of the people throughout the world. Globalization is the way through which there is a share of ideas, goods, culture, political views, technology and many more throughout the world. It creates jobs, increases economy of the country and keep good relationship between the countries.

So finally I concluded that globalization is really necessary.

In my point of view globalization is necessary for all countries because it will improve the economy of the country. Globalization is nothing but interaction between countries around the world. Globalization refers to processes of international integration arising from the interchange of world views, products and ideas. The tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe then the increasing the interconnection of the different markets. Globalization has had the effect of markedly increasing not only international trade, but also cultural exchange.

Globalization means exchanging our ideas, thoughts, and services with other countries. So that we can develop our nation by new technologies. By this we can globalize our products, exchange our ideas globally improve education and standard of living. By the help of globalization one country can help to another country in economic and social growth. It helps to raise employment opportunities.

It helps to increase competition so that people can choose better quality product in reasonable price. It helps to provide world class education. It helps to develop infrastructure, tourism, foreign exchange new and improve technology. It increases human development index. It improves our national GDP by increasing competition.

Acc to me, Globalization is really necessary. It helps to increase the economy of the country.

One can easily share new inventions, innovations an technologies. We can sell our products to foreign countries which helps to increase the economy.