Globalisation represents freedom and free trade. It provides opportunities for widening international exchanges and strengthening mutual understanding between nations. However, the opportunities associate with the challenges for environment, such as climate change.
This essay will discuss
It will examine the benefits offered in the areas of increasing employment and in the field of multiculturalism, as well as the contradictions caused by the culture shock and unfair labor contracts.
1) Employment With the development of globalization, economic growth creates more jobs. For example, while people's incomes increase, the demand of vehicles raises dramatically. According to the data, building 60 million vehicles require the employment of about 9 million people. This is over 5% of the world’s total employments. Therefore, globalisation is conducive to raising the employment rate.
2) Free trade In addition, Globalisation is contribution to the development of free trade. It makes some local companies are no longer bound by the localization, which can develop into large-scale multinational enterprises. Meanwhile, the development of enterprises promote the deepening of globalisation, which makes the process of the world economy has entered a virtuous circle.
1) Local economy 2) Increase the gap between rich and poor(加大贫富差距)
Globalisation has made the rich richer while making the non-rich poorer. It is wonderful for managers and investors, but hell on workers and nature. Because of slave labor wages and poor living and working conditions, some employees’ basic rights cannot be guaranteed, such as health care and pension.
Globalisation is contribution to the development of cultural diversity which has laid a good foundation for a close cooperation between countries. Nowadays, communication between different countries becomes more and more frequent. In this case, globalisation provides people in a good opportunity to learn about foreign countries’ languages and customs. Multicultural development eliminates the existence between people of different racial misunderstanding, which promotes social stability and harmony. In addition, culture diversity is