Globalisation (2)

Globalisation. Meaning. Employment opportunities. Globalization gives you a larger market. Price of commodities. Information flows. Socially. Gap between the rich and the poor. The natural resources. Tradition, custom and culture. Local businesses. Diseases.

Because of globalisation, people become more tolerant and open one to another. The barriers between different cultures had disappeared, so people can move from one country to another without any fears. Also looking through a history, we can say, that we are living in one of the most peaceful period.

Local businesses suffered a lot due to globalization. The world-wide companies take advantages of large-scale production and put products at throwaway prices. And as a result local companies could not compete with a global companies.