Causes and effect of globalization

Globalization is a process of interaction and integration among the people, companies, and governments of different nations; this is driven by international trade. This process has effects on the environment, culture, political systems, economic development and prosperity, and physical well-being of human societies around the world.

Globalization is focused on what is trade, multinational production and finance, the meaning of globalization is based on the integration and democratization of the world's culture, economy and infrastructure through transnational investment, the rapid proliferation of communication technologies and information, and free-market impacts on local economies, regional and national.

Thanks to globalization have many benefits such as further development in technologies, new companies are incorporated in our country and create employment for citizens, create more and greater things for the convenience of us, yet there are bad effects such as , as there are foreign owners with good capital in our country, either with large companies, this will create competition with small and medium enterprises, which will lead to having a low deficit in sales, it is also true that Foreign companies will generate more jobs but at the same time, there will come a time when machines will replace us.

Another benefit that can be rescued from globalization is that it can generate higher wages, but has also opened a wider gap between rich and poor far, so there may also be unequal, this can increase without an increase in rates poverty, for example, if globalization increases opportunities for the rich more quickly than the poor. Poverty is an important effect because if it maintains a high average in the country and poor people have more money trouble survives this, by the inability of consumption.

In conclusion I think the country's development is vital to continue growing and competing with the big powers know that this can be given to globalization, but must find a solution for people who are affected, either by poverty or other factors. It would be good for the country further develops and getting us out more in the field of technology or other industries in order to benefit ourselves and make progress every day evens more.