Is Globalization Really Necessary?

Globalization is necessary for developing countries like India, it allows the adapt the technologies from already developed countries. Wide range of area is available for business hence it's good for expansion of business.

Take an example of food chain domino's, pizza hurt and MacDonald's who serving in more than 100 countries is the best example of benefits of globalization.

In my point of view globalization is not good because from this the developed countries take the are taking the advantage of developing countries and selling their products at higher rates.

In my opinion globalization is not necessary. Because globalization is not taking place in society in its original manner. For example as per globalization we are getting the chance to use western made products, but because of this many people decide only to use western products as a result our Indian made products are not sell. So by these western economy is enriched and ours are not.

Myself Suchitha.P.

Globalization is necessary to our Indian economy which indicates the aspiring towards oneness by all over the world. But we should not lose our traditional culture in this global system.

Hi.

This is Vedanand Singh.

Yes, Globalization plays an important role in developing economy of any nation. This is the age of Technology, If we want to uplift the economy any of our nation then we must adopt the new modern Technologies.

There are many advantages of Globalisation :

1. It brings good exchange of ideas, thought, technology at global level.
2. It helps in improving our technology.
3. It helps in developing new domestic tools for own use within the nation.
4. It helps in exchanging the culture and civilisation of any nation.
5. It gives us luxury.

There are some disadvantages too :

1. There is brain drain condition.
2. We adopts something negative culture of other nations, which leads loss of our own culture.

And many more.

Hi, friends.

Yes, Is globalization really Necessary.

Advantages:

1) Best way to develop the country.
Eg:- Sharing good idea, Technology, provide a service, Etc.

2) For an economy to grow.
3) Globalization also helps reducing the poverty level in the country.

Disadvantage:

1) Cost is very high.
2) Effects on small business in countries.
3) Changes Government laws & controls toward Globalization company.

Yes! Globalisation is one of the best way to develop the country by sharing ideas, technology, services etc. In many countries the quality of the products or technology is very poor this also helps to increase the quality in products and also in technology and also helps to provide employment all over the world for examples roads in India are not properly laid and also they are not durable but the quality of roads in other developed countries are very good so the technology should be imparted by the foreign countries which can be done by the globalisation but there are also certain disadvantages which are the cost of the technology is high due to change in currency value, it also effects to the financial status of the country. Globalisation can be only better if the country's financial status is equal to other country else it may be really difficult to the country to survive so globalisation though has the advantages but also has limitations so the globalisation should be limited. Thank you.

Yes globalisation is necessary and not only for developing country like india, brazil but also for the developed world like USA, European country. Because 21st century is all about best in technology, best in infrastructure, best in skills. And every country has expertise in their field. Like India is global power in terms of it and consultancy, china is in electronics goods, america, russia are global power in arms manufacturing even the small country like bangladesh has experts in textile and he ranks 3rd in this field. So in 21st century when we have scarcity of resources we have to move in collaborative manner so that we can all achieve success.

Developing country should given more focus on globalisation at the same time developed country would move in some liberal manner so that not only commercial product or company become global, but at the same time through transfer of technology developing country should be more robust so that they can compete with their counterparts.

Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Advances in transportation and telecommunications infrastructure, including the rise of the telegraph and its posterity the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities. Globalization helps developing nations "catch up" to industrialized nations much faster through increased employment and technological advances. Critics of globalization say that it weakens national sovereignty and allows rich nations to ship domestic jobs overseas where labor is much cheaper.

First of all thanks to INDIABIX,

Firstly I would like to say that when the almighty God created the world, there were no boundaries, these are we who created the borders among nations. Now, we want to be globalized. Globalization is very good for developing nations like India. Since, somewhere Indian companies lack in top quality mindset eg. Nobody likes to buy a supriya shampoo, if he has the option to buy Dove. So, due to globalization, there would be a benchmark for companies, they will be dying to compete with foreign companies, all in all, customer benefits from this, It provides advanced health care services, Reduced prices, Better job opportunities, lots of variety of products etc. But, there should also be some set of guidelines and mandatory norms for globalisation set up by Government that globalization should not affect nation's culture, values, class etc. If it is followed, It would be very helpful for every developing country. Thank you!