globalization paragraph for class 10

Globalization paragraph for class 10, 9, 8, 7, 6, SSC JSC

Globalization paragraph for class 10 Globalization has become a buzzword in the new era of international relations. It is the process of expanding trade and commerce all over the world by creating a borderless market. But it has had a far-reaching effect on many aspects of life. With the development of sophisticated communications media, rapid technological progress, and rapid transportation facilities, the world has come closer. We can now learn in an instant what is happening in the farthest corner of the world and travel to any country in the shortest possible time.

Countries of the world are like families in a village. They can even share their joys and sorrows like next-door neighbors. Though one country is in distress, others can immediately come to its assistance. If we can build up an atmosphere of mutual understanding and cooperation through this globalization has its demerits too. The gap between wealth and poverty is ever widening.

Globalization has its demerits too. The gap between wealth and poverty is ever widening. Globalization has put the people of the world on the same vessel but in different cabins.

Only a trifling minority are traveling in luxurious cabins furnished with all modern amenities. They have access to nutritious food, pure drinking water, sophisticated Medicare, and a life of luxury. But the overwhelming majority are traveling in the third-class decks and are suffering from hunger and disease.

Globalization can bring happiness to everyone only when all passengers of the ship can travel in the same class of conditions of solidarity equity and justice.

Globalization is a widely discussed topic. It is therefore not all that easy to explain such a complicated term. In simple words let’s start from the beginning with a background to globalization advances in technology. Such as mobile phones airplanes telephones and the internet have made the growth of transport and communication networks possible.

Amongst other things, this means that people and countries can exchange information and goods more quickly and in a less complicated way this process is called globalization and comes from Globe. Hello and means the worldwide coming together of countries and Nations. Let’s look at example companies used to manufacture products and their home countries.

globalization examples

Just like the company’s profit TV and Super Color which are Zeus televisions in the country their products are in direct competition with each other but both companies pay the same salaries and production costs. They have the same customers use similar suppliers and sell televisions at similar prices. In short, the same conditions apply to both companies so far.

So good due to technical cultural and economic developments that have come about through globalization other companies which manufacture products under different conditions. And now offer the products in the country. A to that’s why a company from the country can sell televisions here at a lower price because they were produced for Less by the local firm.

Super color and have to react to stand the competition. And so the world grows closer together and there is an active exchange of goods between countries and more affordable products are available for more people. However not only doesn’t it Exchange of products and economic Goods take place but also has Services knowledge cultural goods and even languages.

globalization paragraph for class 10
globalization paragraph for class 10


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Features of globalisation

All of these individual elements are closely linked and influence each other but where there is light there is also Shadow because of globalization and there’s an intense exchange of goods people and the environment often suffer if a company decides to move production to an economically disadvantaged country people in Nice countries lose their jobs at the same time. Job opportunities.

Open up to many locals in the economically disadvantaged country. Many people in these countries work for very little money in comparison to those in industrialized countries therefore they often remain poor and more often do not have sufficient Insurance social insurance or health insurance coverage.

A further disadvantage of globalization is ecological problems such as climate change and the use of airplanes ships and lorries to transport Goods. International borders are constantly on the increase. This causes more carbon dioxide to be released into the atmosphere which in turn is the main cause of global warming. Even National environmental standards are ignored.

This is a further cost factor in the worldwide International site competition which should be kept as low as possible to be attractive for a company. There are there for many sides to globalization which affects almost all aspects of Life.

Cause he mated thinks that the chain of positive and negative effects will continue to grow further. What’s important is to realize that globalization itself is not good or bad. It just depends on how people deal with all the new possibilities in the future (Globalization paragraph 10 SSC JSC 2023)

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