Although globalisation has linked almost every human and places in today’s world, the trend has spread unequally. Globalisation has many positive, innovative and dynamic aspects, all related to the increased market access, increased access to capital, and increased access to technology and information which have led to greater income and employment opportunities.
On the other hand, globalisation also emerge some negative result in regard to increased ecological degradation, persistent poverty, various cultural violence, and deepened democratic deficits.Economic Globalisation: In order to eliminate the enforcement of economic boundaries and reveal to everyone the chances of risen and flourish in the global economic, the trade agreements such as North American Free Trade Agreement(NAFTA) and the World Trade Organisation(WTO) has called to support. Capital flows around the world much more easily, a trend encouraged by the World Bank and the International Monetary Fund (IMF) which give loans (often interest-free) to finance infrastructure projects and other development programmes.Technological Globalisation: The entire field of human activity depend on the power of information, in an order of technological innovation that accelerates its pace. The Internet, the World Wide Web and communications satellites have helped the process of globalisation, making it possible for everybody to communicate more easily and efficiently across national boundaries. Cultural Globalisation: Transformations have taken place which could be perceived as beneficial or corrupting to that culture.
According to William Gould (1996), before the introduction of McDonald’s overseas “fast food was almost unknown. McDonald’s was the first company to try to export America’s love of fast food and changes in eating habits of other nations. ” McDonalds also regularly alters its regional menus to conform to local tastes. McDonalds in Egypt, for example, serve a Mcfalafel. Japan McDonalds serve "seaweed burgers.
" Indian McDonalds don't serve beef at all. And some French McDonalds serve rabbit.
