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Opinion

Band 5+: The spread of multinational companies and the increase of globalization produces positive effects for everyone. To what extent do you agree or disagree?

Note: Both the topic and the essay were created by one of our users.

The expansion of international businesses and the growth of globalization can benefit people. This essay agrees with the statement because companies can rise world’s economy and globalization enriches human’s life.

Many companies turn to international businesses to support world’s economy. As the business works in different locations around the world, they raise money for the country where their agency stay in. This leads to the economy of nations increases, which promote economic world in overall. Furthermore, businesses help the local people to find work by employing them, which will decrease the chance of jobless. This result in the workforce and the business’s profit are well optimized. For example, Nvidia, a technology company, employed about 2000 engineers in Vietnam and help the GDP of this country increased by 0.4 percent in 2024.

When it comes to globalization, this factor affects people’s life in many different aspects from day to day. Why is that? When the globalization increasing, economy and cultural in many nations extend and the abundant of these two elements improve dramatically. In economy, the appearance of new services will go up and creates more job opportunities. In cultural, international cultures attend to many countries, which bring on cultural diversity. For instance, a recent study shows that Japan has the most widespread cultural in the world, impacting over 100 countries and regions.

In conclusion, I agree that the enlargement of multinational businesses and the boost of globalization improve the world’s economy and heritage, which make rich in human being.

Word Count: 249

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