IELTS Essay Sample Answer # Globalization
You should spend 40 minutes on this task.
Even though globalization affects the world economies, its down side must not be neglected.
Write at least 250 words.
The world has become a global village and the word globalization a common term of the 21st century. Globalization means that the world has become integrated economically, socially, politically and culturally through the advances of technology, transportation and communication. As a result, the economies of many countries have got a boom and opportunities have risen up. Although, globalization has offered great advantages, the negative impact cannot be overshadowed.
The major disadvantage of globalization is the impact it had on local markets. With the coming of international products, although the consumer is happier, but the local business men have suffered a lot. In some worst case scenarios, either the person had to close the business or work at lower prices.
The second issue has arrived in the more developed countries. With globalization, the companies in the European or American countries, tend to outsource cheaper work force from Asian countries, leading to high rates of unemployment in these countries. On the other side, the Asian people tend to work for such multi national companies because of the higher salaries as compared to the home companies. This has created a situation of brain drain.
Overall, globalization has surely opened up doors for many providing better jobs and improved economic standards,however the loops are inevitable. In my opinion, the governments and companies must take a more balanced approach in dealing with the issues raised because of globalization, to ensure a equivocal environment to live in.