It is widely believed that globalization revolutionizes the world today, and brings huge positives impact which allow people to work together such as business, and establishing multilateral cooperation among countries. However, some individuals opine that it lead to detrimental effect. I assert that the globalization has remarkable impacts for several compelling reasons.
A major reason why the notion of globalization is great idea is that it can open massive opportunity to citizens to connect with people in other parts of the world. For instance, if having business, society can offer product to wider consumers in abroad. Therefore, they gain a large number of income compared to in the past, some entrepreneurs solely sales their goods in domestic which was limited market.
Another thing is that the countries can support one another if having challenges in economic burden. For example, in South East Asia, there is ASEAN that consists of number of nations such as Indonesia, Malaysia and Thailand that build multilateral agreement. In this cooperation, it allows those countries to export their product to overseas without any preventing or boundaries. Thereby, by implementing this rules, I believe that it can decrease the risk of being crises in a country since beforehand, many nations in the world underwent economic crisis leading to huge problem which happened for long time. Thus, the idea of globalization has revolutionized the world.
In conclusion. even though there has been controversial among the societies, It seems to me that globalization triggers tremendous chances for businessman to engage with buyers in other part of the world, and also it can prevent a catastrophe such as crises.