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One of the topics of consistent argument is whether globalization is good or bad for the society or country. I believe that globalization is very good for the society, others may disagree with me on this. Globalization opens up the markets for businesses from around the world and provides employment to a large number of people. With the increased employment level, a wealthier economic class emerges that can spend money, pays taxes and helps in development of country and society. The increased competition promotes innovation while driving the prices lower. This provides novel and cheaper products to people. A more open world promotes cultural exchange and higher degree of communication between people from different countries and cultures and thus brings them closer. Hence, globalization is very beneficial for a society or country.
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