Is Globalization Really Necessary?

According to my self. I believe that globalization should be done. Globalization means to sharing the ideas, technology, products, business and many more. That very important to the developing countries and as we know our India is developing country so its very beneficial to us to enhance our economic condition.

Globalization is a communication with the other countries if we have no communication to the other countries than we can't supposed to grow up because communication is the part to get learn something from the other who have good knowledge and ideas And we should always try to learn new thing whether we have good knowledge or we are capable but still we shouldn't proud on it an always try to learn.

So all of it globalization should be done. And other thing is that for live our life we want friends, relatives so we enjoy with them relish our life with them. Without them we feel aloof. Same as the nation for the nation globalization is the part of their life because of the globalization a country make their friends.

So according to my opinion globalization to be a part of every country.

Hello everybody,

Globalisation according to me means to provide whatever needed for the development & wellbeing of the society from wherever it is bestly available. For example the farmer in India is in a need of latest technology in improving his farm, but if unfortunately that technology if it is not available in India then the idea of Globalisation comes into picture; now we have to provide the most latest technology to the farmer from wherever it is easily available in the world. If we focus on this aspect of globalization alone, then there will not be any effects of globalization. And the world can prosper at an rocketing rate.

Hi.

Globalization is necessary to development of any country. Globalization mean sharing your ideas to others. But development country not sharing high technology, they are shearing only low technology. Then underdevelopment country decrease in GDP. Because low technology present country, other country investment in underdevelopment.

Profit only for development country not underdevelopment country.

Thanks.

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.

Hi,

Globalization is inevitable. We are a mix of developed, developing and underdeveloped nations. A give and take is essential for the smooth functioning of the world thus globalization is a must. As human beings, we are part of the society, we cannot stay aloof, similarly as a nation, we are part of the world, Growth in isolation is impossible let alone difficult. Globalization sets foot for a competitive environment which challenges us to perform better, improve our standards and be recognized on the global front. Hence globalization is a win-win situation for everyone.

Thank you.

Yes, globalization is necessary, for an economy to grow our country. The huge amount of foreign direct investment boosted the Indian economy quite significantly. The disadvantages is that, globalization increased competition in the Indian market between the foreign companies and domestic company.

Globalization in terms of economy is essential for India to achieve its predefined goals and fulfilling the job requirements till 2025. As it is giving the youth generation to use its potential in a better way in its own country through globalization, yes!but government of India must assure to restrict brain-drain and foreign monopoly in Indian market. For paving the Indian economy towards developed scenario, globalization is basic prerequisite.

Globalization is the process of bringing world economies closer to one another. It encourages healthy competition for mutual benefit and promotes trade. This economic cooperation translates into social and cultural understanding and peaceful co-existence.

However, globalization has been criticized and condemned by those who are more concerned about the disadvantages.

The most visible disadvantage is the great gap between the rich and the poor. Globalization leads to greater disparity between the developed and developing countries.

Also, multinational companies enjoy many advantages. For example, they are able to get cheap labour, which is readily available in the developing countries, and make enormous profits.

Competition between foreign industries and indigenous industries is often so unequal that many indigenous industries are forced to shut down. The toy industry in India, for example, is facing such stiff competition from the Chinese toy industry that the market for Indian toys is fast disappearing.

There is also the fear that multinational companies will cause further damage to the environment in the developing countries.

The fears may be real but the fact is that globalization is here to stay. It has brought the world closer together and with understanding, cooperation and healthy competition, the vision of this one world may be realized some day.

Hello my dear friends.

My name is Harika and firstly I want to thank IndiaBix.com for giving me such an opportunity to speak about Globalization.

In my point of view Globalization is a great thing which some developing countries like INDIA must follow seriously. Globalization is nothing must interaction between the countries all around the world. It can easily resolve terrific problems like economy, fight for education, unemployment etc. The second most thing here is we Indians must feel proud that many foreigners comes to INDIA for their studies etc. This means that there is a thing called CONNECTIVITY is already flowing in INDIA. Not only this, due to globalization we are in a step forward today. If this continues long, there would be a well developed international market that is nothing but globalization occurs.

Sharing ideas, interaction, technology based communication. These are all the signs of development, right.

Who says no if there will be a great connecting world. We heart full welcomes globalization.

Hello everybody.

According to me globalization is necessary for us because it help us to understand different techniques, education system, capital and ethics etc from different countries.

Globalization means exchange the ideas with other country of the world. It help us a lot because India still developing.