AN ARGUMENTATIVE ESSAY ON GLOBALIZATION

SUPPORTING REASONS MATRIX
Christian Antonio Cagalitan
Topic / Issue: Negative Effects of Globalization
Opinion: Although Globalization has had many Good effects on the world it doesn't mean we should overlook its bad effects.
Reason 1	Reason 2	Reason 3
Globalization is a threat to the worlds culttural Diversities	Globalization makes the most profit in rich and more developed countries	Foreign companies making local businesses close because the public prefer the foreign brand
Conclusion: The Benifits that Globalization provides are slowly turning into negative effects

"Globalization is the word used to describe the growing interdependence of the worlds economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flow of investments, people and information". Globalization has provided so much to countries all over the world from making more business opportunities, advancing technology, transportation and so much more. It has helped Economies and Countries change and evolve in unimaginable proportions, but it has also turned the world into one big monopoly board for big companies.

Globalization is a threat to the worlds cultural diversities. Because Globalization has made technology change so many traditions in economies around the world, nowadays the kids don't get toys for Christmas they get phones even at the early ages. The New Generation are learning English before learning they're native language. In short the new and foreign things are drowning local economies, traditions and even native languages.

"Globalization operates mostly in the interest of the richest countries, which continue to dominate the world trade at the expense of developing countries". This statement sums up one of the most toxic and problematic opportunity that Globalization has given rich countries, while the Richest countries count the money they earned from around the globe the LEDC's or Less Economically Developed Countries are struggling to find ways to survive in the world market. Because of this the richest countries have turned LEDC's into a place to find cheap labor, a cheap place to gather materials or even tourist attractions. "As the rich get richer the poor get poorer".

Foreign Companies making local businesses close because the public prefer the foreign brand. Globalization has made many foreign companies operate or expand to other less developed countries because it is much easier and cheaper, although not all but most big, rich and powerful companies from other countries use this tactic earn more cash. Since many foreign companies are going to other countries the local businesses there will be faced with a much richer and possibly better businesses than they are leaving them no choice but to close up shop because the foreign brand has hogged all the customers. This effect is one of the few reasons why some countries have turned into nothing but a source of production for other countries, the locals are mostly just working at factories making foreign merchandise.

Globalization has changed the world and provided so much good for everyone, but we can't ignore the fact that it has also created so much bad negative effects around the globe. Whether we believe it or not the "positive" effects of globalization are slowly turning into negative ones, like how its interdependence opened so many business opportunities instead it gave way for big companies to turn the world and its countries into a monopoly board. The companies around the world are slowly marking they're territory and making tons of profit because of globalization slowly but surely the wars that will happen wont be country against country but company against company.

REFERENCES

Melina, K. (October 29, 2018). What is Globalization?. Washington, DC: Peterson Institute of International Economics.

https://www.piie.com/microsites/globalization/what-is-globalization#group-History-JW8hA3aWXA

Gail, T. (March 2, 2013). 12 Negative Aspects of Globalization. Oilprice.com.

https://oilprice.com/Finance/the-Economy/12-Negative-Aspects-of-Globalization.html

Unknown. (N.A). Globalisation. England, UK: British Broadcasting Corporation.

https://www.bbc.co.uk/bitesize/guides/zxpn2p3/revision/1

PHOTO:

(IN ORDER)

1st Picture: https://sacguide.libguides.com/carnegie

2nd Picture: catalysthouse.net/the-rich-get-richer/

3rd Picture: catalysthouse.net/the-rich-get-richer/