The globalization process has given to people the opportunity to buy the same products wherever they are, causing a similarity among the various countries of the world. This economic development has pros and cons.
From one hand, the possibility that people have to buy the same items all around the world is a positive factor. Nowadays, if a person living in a specific country wants to buy foreign products, he or she does not need to order the items and pay for shipping costs as an example. In today’s world, people can just drive their cars to the nearest shopping mall and buy what they want without considering additional costs. The opportunity to buy the same products is also a pro in terms of maintaining people’s habits all around the world. The possibility that a person has to find the exactly same article in Italy and also in the USA can ensure that the person maintains his lifestyle.
On the other hand, globalization caused issues to local facilities. Multinational corporations compared to local stores sell products at lower prices. Nowadays if people want to buy a traditional item from a small shop, they need to spend more money compared to the past years. This is a negative aspect of the development of the economic field. It is a downside for buyers and also for sellers.
I think that in general the opportunity that people ought to buy the same products in different countries is a positive factor. This type of development can give people, especially sellers, the opportunity to stay constantly updated and strive to be competitive in an increasingly global market.