Essay about globalisation

Investigate and write an essay explaining the impact of globalization on employment. How has trade been affected by globalization? Has globalization contributed to migration and the increase in the number of immigrants? How do you think globalization affects you personally?

Globalization refers to linking the economy of a country with the economies of other countries of the world so that business activities can expand globally and develop the competitiveness of countries. Thus, globalization is also seen as internationalization.

Globalization may seem to be a new thing in this century, but the truth is, it is not an entirely new process. It has existed with us as long as the existence of the world. It is defined as the day to day interaction with people amongst other people and the process of integrating with one another.

Globalization played a vital role in making global tourism possible. People became interested in traveling for the sake of trade and made money in huge amount. Globalization developed global brands that serve the country on higher or lower incomes. Globalization promoted the migration of laborers.