কি যে বুঝি তাও বুঝি না।

Positive implications: i) Globalization makes the flow of information and communication very easy that making the world very smaller day by day. ii) Globalization is forcing people to acquire more knowledge and expertise so that they can cope with the first moving competitive world. iii) Force of globalization helps to improve both human and product quality, which is benefiting the consumers. iv) Due to worldwide competition price of product is also very low. v) Exchange of different culture through globalization enriches people gradually. Negative implications: i) Because of competition people are feeling insecure as regards to their job and reduction of wages. ii) Due to globalization rich are getting richer and the poor are becoming poorer, because the rich have now a big market and the poor are fighting for survival. iii) Bad aspect of foreign culture is affecting the local culture through TV and Internet. iv) Big foreign industries or multi-national corporations are taking over the local industries. v) Fast food chains are spreading in developing world and people are consuming more junk food that are bad for health.