Going Global: Myth or Reality?

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Going global. Is it a myth or reality?
The question of whether the globalization is a myth or reality is easily answered to my mind: it is definitely a reality. But to what extend can we call it a reality? In my presentation I’ll disclose the term of globalization, cover the spheres in which globalization can be applied and dwell on the advantages and disadvantages of it. Finally I’ll come to the conclusion that globalization is an inevitable and developing phenomenon which requires citizens of all countries to find the right balance between benefits and costs associated with globalization.

Before going deep into this phenomenon I’ll provide you with the definition of globalization. The definition that has attracted widespread consensus treats it as “the integration of economies, societies and cultures of varied worlds through the process of technology, politics and trade.”

Some researches say that globalization falls into three distinct spheres: the governance sphere, the economic sphere and finally the cultural sphere. Thus globalization touches upon many spheres of life. The fact is that all of us are affected by globalization in one way or the other. Goods and brands, money, technology and raw materials move ever more swiftly across national borders. Along with products and finances, ideas and cultures circulate more freely. The examples are countless and are enough proof of the fact that globalization exists. However, to fully understand the concept of globalization and to define whether it is good or bad for a country, we must know its pros and cons.

Good sides of globalization
1. Globalization lets countries do what they can do best. If, for example, you buy cheap steel from another country you don’t have to make your own steel. You can focus on computers or other things. 2. Globalization gives you a larger market. You can sell more goods and make more money. You can create more jobs. 3. It provides wider choices. Globalization is responsible...
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