“Globalisation is a good thing” to what extent do you agree with this statement? Essay

Globalisation is the growth to a global or universewide scale. It is the increase of trade around the world, specially by large companies producing and employment goods in some(prenominal) divers(prenominal) countries. When lendable goods and services, or social and cultural influences, gradually become similar in all parts of the world. Examples of globalisation argon Companies such as Toyota, a Japanese company that has become globalised and is nowadays a worldwide company. another(prenominal) example is Nike which was originated in Beaverton, Oregon, United States and is now a worldwide company.MEDCs and LEDCs are linked through trade. The poorer countries produce and import products and trade to MEDCs at a very low salary. Primark is an example of trading with other countries for unfair prices. From the c dish outhes being made and brought many different countries incur been involved Many other clothes companies to this as well. This is cognize as world trade system an d can often be described as unfair for some. chinaware is located in easterly Asia, bordering the East China Sea, Korea Bay, Yellow Sea, and South China Sea, between northwesterly Korea and Vietnam, in the Northern hemisphere. Chinas climate is Humid, sticky, dry and hot. rough major crops that are self-aggrandizing in China are rice, wheat, corn, soybeans and genus Tuber crops. China has an extremely high population, just over 1.3 billion wad with a birth rate of 12.17 births/1000. Its capital city is Beijing. One of its most famous landmarks is the great wall of chine, which is one of the seven wonders of the world. In recent years China has changed and real rapidly especially frugalally.It is now the fourth largest economy in the world. A lot of Asian countries are now known as newly industrialising countries. This substance that a sphere whose level of economic development ranks it somewhere between the developing and first-world classifications. These countries defy mo ved away from an agriculture-based economy and into a more industrialized, urban economy, with higher(prenominal) and more technology.Globalisation is a good topic for china as it helps bring in higher profits as the products are kept extremely low as they do not need to render people a high salary to restore them. TNCs have chosen to locate in china because employers are able to collapse a lot less for a job than in the UK or a lot of other countries. Consumers in the UK and the rest of the developed world benefit from Chinese goods as to produce them in China quite a than in the UK and then import them is a lot cheaper than to produce them in the UK as the minimum wage is a lot lower. Workers in China think globalisation is a good thing as it means employment and jobs for them, otherwise they would unemployed and couldnt earn anything at all. This is why today most products have labelled on them Made in China.Globalisation is a bad thing for China as most of the time all glo balization really does is make the copious richer and the poor poorer. In most LEDCs standards of living are move further behind the richest countries. The gap in incomes between the 20% of the richest and the poorest countries has grown from 30 to 1 in 1960 to 82 to 1 in 1995. The increase interdependence of countries in a globalised world makes them more vulnerable to economic problems like the Asian financial crisis of the late 1990s.Many environmentalists are against globalisation because it causes a lot of transporting of exporting and importing products which cause pollution. Another primer coat why globalisation is a bad thing for china is that the issue culture and languages can be eroded and destroyed by the youthful globalised culture. China is helped a lot by globalisation as it provides many jobs which brings in money, but it is also a bad thing as it is making the difference between rich and poor a lot greater. Personally I think that globalisation is a good thing for China and helps them a lot as without it China would not make as much money as it does currently and China would not be the same country and would not be as developed either.