ADVANTAGES AND DISADVANTAGES OF THE GLOBALIZATION

Globalization is a new term that has found a significant place in people’s lifes. By globalization, we mean shedding down the walls of distrust and the barriers of suspicion between countries, to make a bridge where ideas and beliefs can cross the borders. While globalization is seen as a sign of a hopeful future by some, there are others who believe that it can cause tremendous disaster for the world economy. However, the disadvantages of globalization could be reduced if the responsible authorities provide best solution to curb this problems.