Globalization

All countries are becoming increasingly synthesized with unmatched-an another(prenominal)wise, and influences on unity pastoral will ca work dramatic ripple do on others. Globalization brings both positive and negative personal effects. whence I would like to discuss the positive and negative effects that Singapore has faced because of sphericalization. Over the past half-century, Globalization has been ineluctable throughout the innovation. It is everywhere . Remarkably, for so widely a use term, there does not appear to have a finished agreed definition. Globalization can be defined as the process by which people, their ideas and their activities in different parts of the worldly concern become interconnected or integrated. This definition tells us that countries do not control their own economies, companies can take net income of changes in technology and communication and run business on a globular scale. This poses a challenge and threat to Singapore. chall enge would be potential threat to Singapores survival. parcel includes advantage of Singapores interdependence in the global world. Globalization is definitely a blessing for Singapores development. Globalization has allowed Singapore to benefit from the opportunity that arises, improvement of measurement of Living (SOL). Singapore trades opens door to foreign investment and its receipts increases.

Hence the revenue is being used for education, health, defence, housing and transportation. therefore Singapore has benefited from high SOL. The average income of Singaporeans has increased due to bucolics pro-g lobalization policy. Critics shows: 2000- $4! 940, 2004- $5170, 2005- $5,400. Globalization has led to more free-trade agreements Singapore and other countries, greater variety of foreign goods can purchased besides local goods. Example includes, one can choose from local brands or those imported from other parts of the world. This increases lifestyle choices leads to a drudge quality life. Globalization is an opportunity for Singapore. As the...If you want to pass on a full essay, order it on our website: BestEssayCheap.com

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