Globalization Introduction Globalization describes the process by which regional economies, societies, and cultures have become integrated

through communication, transportation, and trade . The term is most closely associated with the term economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, the spread of technology, a nd military presence. However, globalization is usually recognized as being driv en by a combination of economic, technological, sociocultural, political, and bi ological factors. The term can also refer to the transnational circulation of id eas, languages, or popular culture through acculturation. An aspect of the world which has gone through the process can be said to be globalized. Some advantages and disadvantages of Golobalization are given below.

Some Advantages Some Disadvantages Increased free trade between nations Increased liquidity of capital allowing investors in developed nations to invest in developing nations Corporations have greater flexibility to operate across borders Global mass media ties the world together Increased flow of communications allows vital information to be shared between i ndividuals and corporations around the world Greater ease and speed of transportation for goods and people Reduction of cultural barriers increases the global village effect Spread of democratic ideals to developed nations Greater interdependence of nation-states Reduction of likelihood of war between developed nations Increases in environmental protection in developed nations Increased f f skilled and non-skilled jobs from developed to developing nations as corporati ons seek out the cheapest labor Increased likelihood of economic disruptions in one nation effecting all nations Corporate influence of nation-states far exceeds that of civil society organizat ions and average individuals Threat that control of world media by a handful of corporations will limit cultu ral expression Greater chance of reactions for globalization being violent in an attempt to pre serve cultural heritage Greater risk of diseases being transported unintentionally between nations Spread of a materialistic lifestyle and attitude that sees consumption as the pa th to prosperity International bodies like the World Trade Organization infringe on national and individual sovereignty Increase in the chances of civil war within developing countries and open war be tween developing countries as they vie for resources Decreases in environmental integrity as polluting corporations take advantage of weak regulatory rules in developing countries Conclusion- At last I say that Every things has bad effects but which is not mor e than advantages for why we should go ahead with the swap world with a view to develop ourselves as well as our country because globalizations makes our life easier as well as ultramodern. Also Allah says that every things He has made for betterment only for people ,saddle as well as nymphs. So we should not depart towards bad effects of it. We just follow the good side.