Globalization and it's Consequences .

 Globalization means speed up  the connections , movement , and exchange of the products  , culture among the society . it's begun  since 19 century after establishing world trade organization in 1995 later on W.T.O name had changed General agreement on tariffs and trade ( GATT)  . There are some examples of  globalization such as , telecommunication , internet , aeroplane and Multinational corporations ( MNCs)  .

Telecommunication made things  both easy and affordable for the society without respective Rich and poor you can contact with one corner  to another part of the world secondly  internate   it's used for different purposes like to get know what's happening in the world update yourself, to follow styles  , entertainment , business activities and others .

(MNCs) spreading itself in all our the world like Nestle, Procter and Gamble ,  McDonald, KFC, Pepsi , and Toyota basically these all  (MNCs) invest their money in different parts of the world make great revenue in this way  globalization is increasing day by day every corner of the world  in this Way you have available almost every product  .

Positives of the globalization as it's going  progressively  it's provide  employment opportunities   to the local community as well as economy of circle consistently work  that's help strengthen that nations economy therefore underdeveloped countries try to bring investment in the country . When competition rises so every organization try get advantage through offering low price , good quality in a nutshell  higher standard of living is availed  by people . 

Effects of globalization (MNCs) used the resources of the developing countries , it's creat politics among the companies , Usually locally companies have difficult to servive by tactics of big fishes , globalization encourage to diseases , lastly Rich has more richer and poor has more poor .