The development of globalization affects the productivity of the economy, trade, and other social factors. Becoming a global village gives both pros and cons, but in my opinion, I believe that the advantages have been far greater than the disadvantages.
On the one hand, I strongly believe that globalization has many positive impacts on our life. It has the biggest effect on the economy. Without boundaries, between countries, there are no taxes on imports and export, which make good conditions for business and also for the customer buying products. Additionally, this condition gives a chance for people to have more job opportunities, which raise the competitiveness of every worker and far away, it improves the productivity of the work in particular and the world economy in general.
On the other hand, globalization also brings a lot of difficulties for many people. First, the good vacancy in developed countries will have more competitive and stressful than before, which leads to the redundancy and job loss in here. This situation will lead to the unemployment of native people. Moreover, economic development also increases waste production, industrial fume, pollution. Furthermore, where boundaries between countries, disappear, the criminal is a hard question for the authorities, they will have a lot of difficulties in controlling security. Last but not least, the multinational companies will close down the factories in developed countries and open these factories in undeveloped countries such as Africa countries for low salaries. This also leads to the labor exploitation of people in general and children in particular. Consequently, children will lose the right to learn and develop, also it will have a negative impact on health.
In conclusion, I would agree that the benefits of globalization outweigh the negative effect. However, the world authorities should enforce numerous rules to minimize the drawbacks arising. Environment solutions should be settled in a strictly implement and labor exploitation should be resolved to enhance the productivity of the explosion of globalization.
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