Nowadays, many parts of the world easily get many products such as technology, food, and luxury items. This is because the advancements of technology make people more effortless in purchasing something. I firmly believe that this is a balanced development. On the one hand, many advanced technologies can be distributed evenly. On the other hand, many local marketplaces may disappear due to the weak demand from the consumers.
On the positive side, many upgraded technologies can reach many places of the world. This is necessary because new technology plays an important role in enhancing human knowledge. For instance, school facilitates a smart board for students to boost their interest in learning subjects by learning from internet libraries. Consequently, this product helps students to boost their academic performance.
On the negative side, although advanced technology helps humans in upgrading their knowledge, it brings impartiality for the local shops. This can occur because consumers are more likely to prefer using online marketplace due to the efficiency. It means that demand for local marketplaces will slowly vanish due to it being unpopular in modern society. As an example, many traditional shops in my country are closed because of weak consumer demand. As a result, this development offers a negative impact on the local people’s economy.
In conclusion, although the availability of global products brings benefits such as improved access to technology and knowledge, it also creates challenges for local businesses. Therefore, this trend can be considered a balanced development, as it has both positive and negative impacts on society.