Since “global” pertains to the entire world, or worldwide, globalization refers to the interaction and integration among people, companies, and nations over the world, and it is driven by international trade and investment, aided by Information Technology. It affects the environment, culture, political systems, economic development and well-being of the human race. Globalization is always happening, it is never-ending, and because of globalization, our lives change constantly. For instance, a mobile or smartphone popular today will be overtaken by another model of a smartphone or some other possible invention of a new device. Basically, the growth of globalization started after World War II, because according to, barriers to international trade were lowered through international agreements, and free trade was promoted. Globalization has changed our lives so much in a good way, yet it is still deemed as negative in many eyes.
What has globalization brought to this world that has changed our lives positively? Well, globalization has brought the world closer to each other. More information is shared between countries, and as a result, people all over the world have more things in common now. Globalization is what connects the world, and it is what allows worldwide organizations such as United Nation (UN) to be formed. In other words, as seen on, globalization helps the whole world deal with issues such as poverty and unemployment and will help us to raise the global economy only when the involved parties have mutual trust and respect for each other’s opinion. Without globalization, it will affect the entire world! Not only organizational bodies, individuals would also be affected. For example, globalization has made traveling to other countries possible, and I simply cannot imagine life without traveling. I love travelling a lot because it is always nice to experience another country’s culture or the environment. Of course, without globalization, that would be impossible.
A very important aspect of globalization would be technology. Globalization has allowed the emergence of technology, particularly speaking, the Internet. According to, the advent of the Internet has provided a common platform where people from countries all over the world can communicate and share information. Seen on, the Internet has also transformed commerce, creating entirely new ways for transactions to be done between buyers and sellers. Clearly, technology has allowed the growth of productivity in almost any aspect. The spread of IT and other applications has been extraordinarily rapid. Following examples found on, only just 20 years back, the use of desktop personal computers was still limited to a small number of technologically advanced people, and the majority of the people are still using typewriters to produce documents. Also, only just 15 years back, large and bulky mobiles were carried only by a small number of users in a few U.S. cities. Yet, today, industrial processes are all revolutionized by globalization with various forms of technology. In the office, work can now be done faster with increased productivity thanks to the invention of the computer. The rapid growth of globalization and technology has caused expectations to be further raised. For instance, with the invention of the smartphone and the ability to read e-mails on the move, corporates are expected to read their e-mails almost instantaneously! A recent critical advance in technology as shown in  would be fiber optics. Hundreds of thousands of miles of these fiber optics cables have been installed over the past ten years, boosting the speed and capacity of telecommunications networks.
Of course, there are downsides to globalization. Because of globalization, people are losing their jobs. Especially regarding the advancement of technology, computers and machines have replaced the need for human labor. Besides that, many companies are hiring workers from third-world countries just because the cost of labor is lower. Take Singapore for example. Over the years, the influx of foreign workers has been sky high. Companies have been hiring workers from China and India because not only do they not expect as high a pay as Singaporeans, they are much more hardworking. Besides the loss of jobs, wages have also been decreased due to the same reason. According to, it is also true that the lower the skill level that is required the greater the fall in wages. In other words, you can say that globalization is causing the wage disparity to be wider.
Globalization has also caused a loss of culture. The cultures of some countries that have more economic power are more dominant than others. As a matter of fact, the world is becoming more westernized, as we are constantly influenced by the western. According to , this is because the wealthier countries can produce more things that can affect the entire world as imports and exports occur. Things can include clothes, movies, and other technological products. Times have changed, and many people break away from their traditions. As a result, globalization has damaged small cultures that are possibly at the risk of being extinct. Music is an absolutely great example. Nowadays, no one listens to locally produced music in Singapore anymore. Almost everyone listens to songs that either come from western countries, or maybe Korea and Japan.
In conclusion, globalization has its ups and downs. Even though globalization has caused the loss of jobs and poverty to a certain extent, globalization has also given us a way to fix that. With globalization, people come to know of world issues, and we can extend our helping hands to the poor people in third-world countries. Sure, globalization has caused environmental issues, but it has also made us come to realize that we should do our part in saving the earth, which is why so many eco-friendly initiatives have been started and implemented. Somehow, I feel that it is actually a learning process that globalization has provided us with.