Paragraph On Globalization
Globalization means a process that expands trade and commerce all over the world by creating a borderless market. It is very important in international relations. It has a far-reaching effect on many aspects of human life. With the advancement of high-technology communication media and rapid transportation facilities, the world has come closer. People can now learn instantly what is happening in the farthest corner of the world and travel to any country in the shortest possible time. Countries in the world are like families in a village. They can even share their joys and sorrows like next-door neighbors. If one country is in distress, others can instantly come to its help. Taking advantage of the idea of globalization, capitalism seems to be a conquering march. It is creating more advantages for capitalist countries rather than for developing ones. In the name of assistance and cooperation, industrially developed capitalist countries are exploiting the cheap labour obtainable in poor countries. The global policy of development promises greater employment opportunities to the people of poor countries but at the same time, it also promises high returns to capital. Computers, e-mail, the internet, fax, and satellite are the new additions to globalization. In fact, if we could build up an atmosphere of reciprocal understanding and assistance through the globalization process our world could certainly be a better place to live in.
