Even though globalization affects the world's economies in a very positive way, its negative side should not be forgotten. Discuss
Even though globalization affects the world's economies in a very positive way, its negative side should not be forgotten. Discuss
Internationalization helped many countries to develop in terms of industrialization. While, global proliferation has impacted the universal economic growth positively, it also has some negative effects. This essay will discuss about the pros and cons of globalization.
Worldwide development has catered the needs of unemployment and financial development of the nations. Because the globalization has initiated many organizations in the emerging markets, the number of jobs has been increased. For instance, many top multi-national companies have set up their manufacturing units in the developing areas providing employment in that place. Furthermore, international expansion has helped the technology to expand into different regions, because of which many nations developed economically. This is possible as the average income of the region improves the country will grow economically For example, in India the percentage of educated is increasing year on year due to Internationalization, which in turn helps in driving the economy over the forecast period. Therefore, some of the positive effects of global enhancement are employment generation and economic development.
Although, global proliferation is advantageous, there are certain disadvantages like force let down of prices and job insecurity in the developed markets. Due to the availability of the products at lesser price, few manufacturers have to reduce their price to survive in the competition. As an example, China is offering products at very low cost which has a negative impact in the companies internationally leading to decreasing the pricing of the products. As the people in emerging countries work for fewer wages, the advanced nations are facing the job security issues. In the developed regions the salary would be relatively higher which is making the organizations to rely more on the developing places. Hence, the drawbacks of globalization are reduction in prices of goods and lack of secured jobs.
Hence, the globalization has certain advantages like solving the unemployment issue in the emerging places along with their economic development. But there are few cons like forceful reduction of cost of commodities and scarcity of job security in developed regions.
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2019-12-28 | D87eepak | 78 | view |
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Grammar and spelling errors:
Line 5, column 619, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...roves the country will grow economically For example, in India the percentage of ...
^^
Line 5, column 806, Rule ID: SOME_OF_THE[1]
Message: Simply use 'some'.
Suggestion: some
...my over the forecast period. Therefore, some of the positive effects of global enhancement ...
^^^^^^^^^^^
Transition Words or Phrases used:
also, but, furthermore, hence, if, so, therefore, while, for example, for instance
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 13.0 13.1623246493 99% => OK
Auxiliary verbs: 4.0 7.85571142285 51% => OK
Conjunction : 7.0 10.4138276553 67% => OK
Relative clauses : 5.0 7.30460921844 68% => More relative clauses wanted.
Pronoun: 8.0 24.0651302605 33% => OK
Preposition: 56.0 41.998997996 133% => OK
Nominalization: 24.0 8.3376753507 288% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 2041.0 1615.20841683 126% => OK
No of words: 357.0 315.596192385 113% => OK
Chars per words: 5.71708683473 5.12529762239 112% => OK
Fourth root words length: 4.34677393335 4.20363070211 103% => OK
Word Length SD: 3.45573583733 2.80592935109 123% => OK
Unique words: 197.0 176.041082164 112% => OK
Unique words percentage: 0.551820728291 0.561755894193 98% => OK
syllable_count: 670.5 506.74238477 132% => OK
avg_syllables_per_word: 1.9 1.60771543086 118% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 5.43587174349 74% => OK
Article: 4.0 2.52805611222 158% => OK
Subordination: 5.0 2.10420841683 238% => Less adverbial clause wanted.
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 3.0 4.76152304609 63% => OK
Performance on sentences:
How many sentences: 18.0 16.0721442886 112% => OK
Sentence length: 19.0 20.2975951904 94% => OK
Sentence length SD: 41.7029471677 49.4020404114 84% => OK
Chars per sentence: 113.388888889 106.682146367 106% => OK
Words per sentence: 19.8333333333 20.7667163134 96% => OK
Discourse Markers: 4.55555555556 7.06120827912 65% => OK
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 2.0 5.01903807615 40% => OK
Sentences with positive sentiment : 12.0 8.67935871743 138% => OK
Sentences with negative sentiment : 2.0 3.9879759519 50% => More negative sentences wanted.
Sentences with neutral sentiment: 4.0 3.4128256513 117% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.21634440079 0.244688304435 88% => OK
Sentence topic coherence: 0.0779829811014 0.084324248473 92% => OK
Sentence topic coherence SD: 0.198585719576 0.0667982634062 297% => The coherence between sentences is low.
Paragraph topic coherence: 0.229936898209 0.151304729494 152% => OK
Paragraph topic coherence SD: 0.357182933616 0.056905535591 628% => More connections among paragraphs wanted.
Essay readability:
automated_readability_index: 15.4 13.0946893788 118% => OK
flesch_reading_ease: 26.81 50.2224549098 53% => Flesch_reading_ease is low.
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 14.2 11.3001002004 126% => OK
coleman_liau_index: 15.9 12.4159519038 128% => OK
dale_chall_readability_score: 9.67 8.58950901804 113% => OK
difficult_words: 115.0 78.4519038076 147% => OK
linsear_write_formula: 8.5 9.78957915832 87% => OK
gunning_fog: 9.6 10.1190380762 95% => OK
text_standard: 10.0 10.7795591182 93% => OK
What are above readability scores?
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Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.