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Globalization

Globalization is a worldwide phenomenon that impacts various aspects such as economy, culture, and education, offering both advantages and disadvantages. It enhances economic growth, job opportunities, and access to information, but also exacerbates wealth inequality and threatens ethnic identities. Addressing the challenges posed by globalization is essential despite its significant benefits.

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11 views1 page

Globalization

Globalization is a worldwide phenomenon that impacts various aspects such as economy, culture, and education, offering both advantages and disadvantages. It enhances economic growth, job opportunities, and access to information, but also exacerbates wealth inequality and threatens ethnic identities. Addressing the challenges posed by globalization is essential despite its significant benefits.

Uploaded by

ledat5934
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Globalization is the spread worldwide of variety of aspects such as economy,

culturals, education, and so on. This phenomenon has also the advantages and
disadvantages through our lives and it has become a phenomenon characteristic of
the present-day world. How it has changed our world?
Let’s begin with the advantages of globalization. Firstly, nobody can ignore the
economic advantage that the globalization bring to us. It gives access to global
supply chains and resource, enables streamlined production, which can create the
cost-effectiveness and time savings. Globalization also allows countries to have
some exchanges with others, imports and exports things so as to make money and
meet people demands. Moreover, globalization create new job opportunities, which
can decrease the unemployment rate of many countries. Along with the
development of the economic, more and more markets are opened up around the
world, making job for the qualified workers. The demand of communication with
other country’ people also leeds to the emergence of some jobs like interpreter,
language teacher, and so on. This decrease in the unemployment rate also
minimize the criminals rate of countries. Lastly, globalization promotes the
education and knowledge of almost people in our world. People now can easily get
access to internet to communicate, search for information about other countries so
that we can widen our knowledge, grow ourselves, and also have some new friends.
On the other hand, globalization also has some disadvantages side. Although
globalization had led to overall economic growth, it has made the problem of wealth
inequality and unemployment become more serious. For example, children in areas
with poor economic conditions have little or no access to education and healthcare.
Moreover, globalization make us lose our ethnic identity. Nowadays, many young
people adopt aspects of foreign culture and lifestyle, leading to a disconnect from
their traditional ethnic identity.
In conclusion, while globalization has brought significant benefits, it also has
challenges that need to be addressed.
Lê Văn Đạt- Vũ Đức Duy

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