Wednesday, April 6, 2016

Globalization

Globalization

Globalization is a process of expanding trade and commerce all over the world by creating borderless market. It is creating more opportunities for the capitalist’s countries are exploiting the cheap labour available in poor countries. This is the common fear about the adverse effects of globalization in the countries like ours.But; the fear is not quite justified because globalization has also a far reaching effect on many aspects of life. With the development of hitech communication media and rapid transportation facilities the world has come closer. We can share our joys and sorrows like next door neigbours.Globalization also brings all types of different customs and behaviour into our homes through satellite television channels and the internet.Now; we can enrich our local culture through constant interaction between different cultures. But along with this, the cultural assault can also be resisted by the strength of our traditional social values, beliefs and attitudes.

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