Paragraph on Globalization

The technical revolution, micro-chips, data highways online services, satellite communications, developments in air transport that have led to the era of globalization cannot and will not be disinvested. It has become essential to perceive the third industrial revolution not as a destiny, but rather as a challenge that harbors chances. Our Paragraph on Globalization discusses everything you need to know.

As far as India is concerned, it may be argued that she has tremendous chances at the threshold of the new era of globalization: an abundance of natural and human resources; fine entrepreneurial skills, and a stable political environment.  What more does it take to become a global player? So, it is rightly predicted that India will emerge as a global economic power in the near future. The new economic policy with its effective reforms have come into force and have paved the way for Luards market economy, the ultimate goal of on may not be a curse if economic transactions are put into right action which may shower blessings on the nations.

In this post, we have written a Paragraph on Globalization (100 Words), a Paragraph on Globalization (150 Words), a Paragraph on Globalization (200 Words), a Paragraph on Globalization (250 Words).



Paragraph on Globalization ( 100 Words)


Today’s economic trend can be summed up in only three words – privatization, liberalization, and globalization. Will this trend harm the national interest of the poorer nations? In the changed economic scenario where the GATT is a moot question. Treaty was signed and accepted by most of the nations, the questions of globalization cannot be ignored. The proponents of the idea claim that globalization quickens development which will automatically lead to economic prosperity.No doubt, boldness will be required while coping with a new challenge of geopolitical implications on a universal scale. The third industrial revolution has triggered off the era of globalization.


Paragraph on Globalization ( 150 Words)


The third industrial revolution has triggered off the era of globalization. The technological breakthrough in data transfers and telecommunication has virtually turned our planet into a global village. Companies are able to extend and control their production all over the world. Distances and gaps of information have shrunk to zero. The single global market becomes a reality. No great power of imagination is needed to understand that only those who put in the best of human resources and develop the most ingenious set of command structures and logistics, and who are, above all, guided by the principle of producing goods and services of the highest quality at the most competitive price will succeed. Some economists have predicted an era of merciless, Darwinistic competition. In the same spirit, others have detected in globalization an instrument of exploitation, hitting the poor nations of this world and making the rich become even richer.


Paragraph on Globalization ( 200 Words)


Today’s economic trend can be summed up in only three words – privatization, liberalization, and globalization. The third industrial revolution has triggered off the era of globalization. The technological breakthrough in data transfers and telecommunication has virtually turned our planet into a global village. Companies are able to extend and control their production all over the world. Distances and gaps of information have shrunk to zero. The single global market becomes a reality. No great power of imagination is needed to understand that only those who put in the best of human resources and develop the most ingenious set of command structures and logistics, and who are, above all, guided by the principle of producing goods and services of the highest quality at the most competitive price will succeed. Some economists have predicted an era of merciless, Darwinistic competition. In the same spirit, others have detected in globalization an instrument of exploitation, hitting the poor nations of this world and making the rich become even richer. Even in industrialized nations globalization spreads fear and revives old anti-capitalist prejudices. Whenever a company is cutting down jobs as a result of outsourcing production to other parts of the world globalization gets blamed for it.


Paragraph on Globalization ( 250 Words)


The third industrial revolution has triggered off the era of globalization. The technological breakthrough in data transfers and telecommunication has virtually turned our planet into a global village. Companies are able to extend and control their production all over the world. Distances and gaps of information have shrunk to zero. The single global market becomes a reality. No great power of imagination is needed to understand that only those who put in the best of human resources and develop the most ingenious set of command structures and logistics, and who are, above all, guided by the principle of producing goods and services of the highest quality at the most competitive price will succeed. Some economists have predicted an era of merciless, Darwinistic competition. In the same spirit, others have detected in globalization an instrument of exploitation, hitting the poor nations of this world and making the rich become even richer. Even in industrialized nations globalization spreads fear and revives old anti-capitalist prejudices. Whenever a company is cutting down jobs as a result of outsourcing production to other parts of the world globalization gets blamed for it. However, the wheels of history cannot be tuned beak. Whining or escaping realities will not help anyone anywhere in the world. The technical revolution, micro-chips, data highways online services, satellite communications, developments in air transport that have led to the era of globalization cannot and will not be disinvested. It has become essential to perceive the third industrial revolution not as a destiny, but rather as a challenge that harbors chances.


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