jaidheeshMemberAugust 6, 2021 at 6:51 PM
These days, people can purchase the same products from any place in the world resulting in similarities between countries. I strongly think this is a positive development and this essay will elaborate on why it is the case.
With modern technology such as the internet, mobile phones, and computers, people can purchase any products they wish to buy from anywhere in the world. The process starts with the decision-making where they can compare products with different sellers, and also checking whether it meets their budget and specifications. The internet helps in spreading awareness of the better-quality product out there and the individual can know of its existence. In addition, he can even make the purchase even if it is not available in the local stores. This goes the same for local shop owners and domestic businesses, where they can get wide exposure and expand their business to places where they can get more revenue through online platforms. For example, ex-pats can enjoy a delicious dish with ingredients from their home country by transacting online.
Another development is seen when big companies expand their business and push their products to new countries. Globalization can create better job prospects for the citizens of the country and help in the increase of government revenue through taxation. Mobile giant companies like Apple have established stores all over the world and have created a large job market for technicians, software engineers, and salespeople. The people are benefited by the new technology of the multinational company making them on the same level as other developed countries. Furthermore, the country can also impose a tax and create a good revenue from it.
To summarize, both the individual and the country benefit from the availability of products from all over the world. As a result, it improves the lives of the people and helps in the rise of the country’s economy.