Globalization simply means that the world has become integrated economically, socially, politically and culturally through the advances of technology, transportation and communication. It is undeniable that globalization has resulted in both positive and negative effects. Globalization has contributed to the world’s economies in many beneficial ways. The advances in science and technology have allowed businesses to easily cross over territorial boundary lines. Consequently, companies tend to become more productive and competitive thereby raising the quality of goods, services and the world’s living standard.
If you ask me a positive way could be the Danish firm A.P Maersk Møller, because this firm is dealing with firms all over the world and the firm is having branches more places in the world. Concerning container carriage and oil winning. In spite of that, world is “getting smaller”. We are carrying goods all around the world. In my belief a negative direction could be the many clothing factories, because it is the workers from the third world, who are making the clothes for us, and they work under totally illegal and terrible conditions. These people, often women and children, are working up to 107 hours a week, and the salary is very low and sometimes they even sleep under their sewing machines. Do you think this is fair? No, me neither. In my opinion and almost everyone else, I guess, that one more negative way could be the lack of employment in the developed countries, because the factories are moving abroad.
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