CALINISAN, TRISHA MAE A.

August 22, 2018

BS CRIM I-A the contemporary world
Reaction Paper of Globalization
Globalization is a result of economic growth of both developing and developed of
any countries which we have an impact positively and negatively to the people who
around us.
We all know that globalization have more bad impact in our society. It can operate
mostly the interest of the richest countries, which it can continue to dominate the world
trade at the expense of developing countries. It can also view by the cultural diversity,
which it can affect in our society.
There's a lot of bad and good effect of globalization and both are balanced. The
good side of the globalization is all about the efficiencies and opportunities and other that
is part of this. While the bad of globalization is about the new risk about the integration
of local markets and the product destruction. And also, one of these is declining the
money flows across the local and national boundaries.
The globalization is simply the process through the integration and the interaction
of the countries, companies and the people in the world. The process of this that it results
of the investments the outsourced of manufacturing. All of these are because of the
technology which it can help to be easy to communicate to the other countries.