In this article, we have published an Essay on Globalisation and Its Impact for Students in 1100 Words. We have also explained its positive and negative aspects in 21st century.
Introduction (Essay on Globalisation)
Globalisation is the process in which businesses, services, or technologies grow, develop, and expand throughout the world. It is the expansion of various trades or transactions into the world market of the entire world.
There is a need for international investment on a massive scale for economic inflows around the globe so we can develop large multinational businesses. For this, mutual dedication and internal self-sufficiency of enterprises in the global market will also have to be increased.
We can say that globalisation is related to spreading an object across the globe. It creates a successful internal connection in the market without country-limits or time-limits. The most common and obvious example of globalisation or globalisation is the expansion of Mac-Donald hotels worldwide.
Globalisation is beneficial or harmful to humanity
It is tough to determine whether globalisation or globalization is helpful or detrimental to humanity. It is still a matter of great confusion. It is tough to ignore that globalisation has created marvellous opportunities for people all over the world.
It has changed the lifestyle and standard of people in a big way in society. It provides many opportunities for developing countries or nations to build, which is very important for such countries.
Positive effects of globalisation
Globalisation or globalization has connected the Indian students and the field of education with foreign universities to Indian universities through online mode. It led to a massive revolution in the educational field.
The healthcare field also has been affected by globalisation or globalisation, because of which conventional medicines, health regulating, power machines, etc. are available; it affected production on a vast scale leading to several seeds of varieties to the agricultural sector. But this is not good for poor Indian farmers because of expensive seeds and farming techniques.
1. Impression of Globalisation on Society and Cultural of India
Nuclear families are emerging. The divorce cases are increasing fast. ‘Hi’, ‘Hello’ is used to greet people despite hello and namaste. American festivals like Valentine’s Day are spreading all over India.
2. Indian cuisine
Our cuisine is one of the most popular cuisines worldwide. And pizza, burgers, and other western foods have become popular here.
Traditional Indian clothes for women are sarees, suits, etc. and traditional outfits for men are dhoti, kurta. Hindu married women also decorated red bindi and singers. But now, it is not a compulsion.
4. Indian Performing Arts
The Indian musical sector includes varieties of religious folk, and classical music. Indian dance also has lots of diverse folk and modern traditional forms. In short, Kalaripayattu or Kalari is being the oldest martial art in the world.
5. Old Age Vulnerability
With the rise of nuclear families, it led to the reduction of the social security that joint families provide. It led to more significant economic, health, and emotional vulnerability of individuals in old age.
6. Broad media
Gaining more access to videos, movies, music, news, etc. from around the world. Foreign media houses have raised their presence in the country. Further, India is part of the global launch of Hollywood films that has a psychological, social, and cultural impact on our society.
Problems caused by globalization
1. Small-Scale Industries
Small and cottage industries has arisen because of globalisation. Because of modern information technology, human labour has got a lot of relief.
For which small sectors have declined. Primary business, secondary business, and traditional business have suffered much. Because of globalisation, now the machines of small and cottage industries have taken place.
2. Uncertainty of employment
Uncertainty of jobs is the biggest problem of globalisation. Work has had a broad impact on the standard of living of every human worker.
The World Trade Organization boosted the competition market, and rapid technological station, and finesse for employment, was preferred.
Industrialisation gives jobs as a result, but when the industries face a loss, then in such a situation, they remove workers from their factories.
3. Promotion of developed countries
Developed countries have benefited the most from globalisation. The process of liberalisation of these countries has received the most impetus because of the developed countries having sufficient capital and being ahead in information technology.
The economy of free trade has benefited by the World Trade Organization. But some countries were not satisfied with this trade policy.
4. Regional Inequalities
Regional inequality has arisen most because of globalisation. The reason for this heterogeneity of the world economy is geographical inequality, economic inequality, political inequality, etc.
In such a situation, the regional disparity increases rather than decrease. Because of the difference in the economy, some small countries are growing more than the rate of development.
5. The problem of globalisation and pollution
Globalisation is a solution, an issue related to the entire world. Under the answer, it serves a specific purpose. Through the problem, it changes the quality of environmental goods for human interest.
At present, countries and human beings affected by globalisation have expanded in the fields of industry, trade, market, and information technology.
6. The problem of global warming because of globalisation
Globalisation has brought global warming. We do not relate global warming to one country. Instead, it is from the entire world. The ozone layer over Antarctica has penetrated over the effects of harmful radiation generated by rapid industrialisation and transportation.
Luxury facilities are highly used in developed countries. Using enormous quantities of air-conditioned gases and air pollution by motor vehicles etc. has created an additional problem because of the leakage of the ozone layer over Antarctica.
10 lines on Globalisation
- Globalisation can be called internationalisation, which is a mixture of globalisation and localisation.
- It has affected both positively and negatively human life.
- Because of globalisation, companies or factories have grown on a large scale.
- Governments of countries should have complete control over globalisation.
- Globalisation helps to consider the world-market as one market.
- It significantly affects the local Indian market.
- It renders a massive opportunity for companies in the global market.
- Globalisation caused a major revolution in the Indian market,
- Globalisation and liberalisation of businesses in the Indian market have led to a flood of quality foreign products.
- Globalisation positively and negatively affects tradition, culture, political system, economic development, lifestyle, prosperity, etc.
Conclusion of the Essay on Globalisation
It is hard to determine whether globalisation is beneficial or harmful for a decade. If we see the advantages, then this renders fresh opportunities for the business, and with this, the customers of a country have more options.
If one country has a disadvantage, with the entry of an international market, the competition of the companies of that country increases. It affects their revenue. Thus, globalisation is, therefore, beneficial and harmful to the country. I hope you will like Essay on Globalisation.