Globalization has far-reaching effects on our lifestyles. This drives us to faster access to technology, better communication and innovation.
Furthermore, it plays an important role in bringing people from different cultures together, ushering in a new era in the world economy, which has generated great developments.
This entire globalization process is capable of offering good and bad consequences for the planet and humanity.
Globalization: connection between different places and people.
Below, between positive and negative points, we list 6 consequences that globalization brings to the world.
1. Unemployment
In almost all developing countries, more than half of the working population had jobs in industries until globalization took hold.
The advancement of technology has reduced this type of employment and increased the need for qualified professionals in other areas. Most people in developing countries do not have this type of qualification.
Thus, a vast history of unemployment began to occur, which, consequently, generated an inability to meet the basic needs of some people.
All of this results in an increase in criminal activities such as robbery, theft, murder and drug abuse.
The unemployment and poverty rate continues to grow as social inequality increases.
See more about the meaning of social inequality.
2. Poor quality of food and diseases
Globalization has brought the consumption of processed foods that rely on chemical and artificial elements in their production.
To benefit from agricultural businesses, animals such as cows are fed chemicals that make them produce too much milk or gain weight. This process is carried out with a focus on large production and sales to industries.
Due to the increased intake of these chemicals present in food, chronic diseases are on the rise.
In addition, there is a drop in the quality of life of the population, especially in developing countries, due to problems such as the exacerbated consumption of pesticides in food.
Application of pesticides in food crops.
3. Investments in the foreign economy
Foreign investment is one of the results of globalization that culminates in many developments in countries that are still in the process of development.
For example, some investors want raw materials and goods to be transferred more quickly to the industry and market, respectively.
The only way to do this is to help each government build an efficient infrastructure. Thus, the local population gets jobs in these industries and companies established in their country.
Investors boost the country's economy by paying taxes to the government. In doing so, they help improve institutions such as schools and hospitals through government agencies that benefit locals and their families.
However, the greatest profit in this entire investment process returns to the investing countries themselves.
Financial investiment.
4. Competitiveness in the economic market
Today, customers have access to local and international brands at competitive prices. Domestic companies are competing with foreign companies, which leads to better products and lower rates for the final consumer.
Small businesses can now expand their operations across the world due to advances in technology. In addition, companies can obtain financing from abroad and take their operations to foreign markets.
Multinational corporations have offices and branches around the world, allowing them to reach a wider audience and stimulate economic growth in developing countries.
Globalization also encourages innovation and creativity. Companies are being pressured to develop better products and services to remain competitive.
5. Consumption and the environment
Over the years, the world population has grown considerably. The point is that the consumption of natural resources has been growing wildly and we are consuming more natural resources than the planet can offer us.
Activists have pointed out that globalization has led to an increase in product consumption, which has impacted the ecological cycle. Increased consumption also leads to an increase in the production of goods, which in turn puts a strain on the environment.
Globalization has also led to an increase in the transportation of raw materials and food from one place to another. The amount of fuel that is consumed in transporting these products has led to an increase in pollution levels in the environment.
Deforestation, one of the actions to exploit natural resources.
Before, people used to consume locally grown food, but with globalization, people consume products that were developed in foreign countries.
The industrial waste that is generated as a result of production was loaded onto ships and dumped into the oceans. This killed many underwater organisms and deposited many harmful chemicals in the ocean.
All of these are consequences that globalization has generated quickly and worryingly for the environment, the which generates an alert made by activists and even the elaboration of major agreements between the major powers worldwide.
Also read about global warming, greenhouse effect and ozone layer.
6. Technology and communication
With the internet, broadband, cell phone technology, wireless handheld devices and others communication technologies, people started to communicate perfectly, even with long distances.
With the advancement of technology, the world is getting smaller, in relation to time-space. Today, communication crosses different parts of the world very easily.
Communication in globalization.
Although communication between nations beyond their borders is an old concept, the development of globalization, especially in new technologies, it is impacting the ways we communicate and learn in different ways and fascinating.
The rise in internet usage in particular has been incredibly instrumental in improving the ways in which we connect with each other.
Because of technologies like the internet, we have the opportunity to see many perspectives that were previously outside our scope.
We are able to fully connect with someone thousands of miles away in real time and the effects are profound, as the way we live, work and relate can change completely from from that.
See too:
- Better understand the concept of globalization;
- See the positives and negatives of globalization;
- Discover the phases of globalization;
- See the types of globalization;
- Understand the link between global village and globalization;
- Learn about the main characteristics of globalization.
