Do You Know The Negative Effects Of Globalization

DO YOU KNOW THE NEGATIVE EFFECTS OF GLOBALIZATION ? Achyutha Gonuguntla EAP 1851 Research paper Date: 04/21/2015 INTRODUCTION Globalization derived from the word ‘globe’ which is a platform for all countries and nations to join together. Simply, integrating a country with the world is known as globalization. There are pros and cons for this globalization as two sides of a coin. On one side it creates many opportunities for all kind of businesses and trade overseas especially in food business where there is easy money flow across the nations and can also raise easy credit which will boost up a good demand. When viewing the other side it makes big problems to the people and affecting other factors like health, culture and economy due to the continuous change of food habits of people. It seems very painful to realize that people are less fortunate to travel in comparison to food. In today’s world, people are accompanied with the term â€Å"being busy†. They hardly bother about their lifestyle in their busy schedule and neglect the threats they are going to have in their near future like not having nutritious food, developing junk food culture depending on unhealthy flavors. In global context, the food industry expansions have been so useful as much as harmful. Though many aspects exist where globalization of food and its verticals have to be appreciated, there are few other aspects where it can also be criticized. It depends on how one perceives and utilizes theShow MoreRelatedBook Report on Anthropology of Globalization by Lewellen1571 Words   |  7 PagesChapters 1-2 o Contemporary globalization is an on-going process of not just economic flows, but also cultural flows—the increasing flow of trade, finance, culture, ideas, and people brought about by the technology of communication and travel and by the worldwide spread of neoliberal capitalism†¦ (7). o Globalization is a reality, as well as regionalization and localization. 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