Globalization has caused many environmental problems in the world like air pollution, global warming, and noise pollution.  https://www.uitp.org/sites/default/files/cck-focus-papers-files/Corona%20Virus_EN.pdf All the developments that have happened around the world are mainly due to industrialization and globalization.eval(ez_write_tag([[250,250],'positivenegativeimpact_com-medrectangle-4','ezslot_3',108,'0','0'])); The various cultural barriers have also been lifted as a result of this globalization. The enhanced quality of both products and services are based on production approaches of customer demands and customer services. Fear dons new faces as a virus spooks the world. From rickshaw pullers to airlines, all have been affected economically by the pandemic. The business sectors have benefited a lot from this globalization. We must respect, honor and support those who are risking all to help us win. Technology is the main drive behind globalization, with enhanced technology leading to rapid increase in globalization over the last century. Many are former migrants or refugees, who fled poverty, oppression, fear and suffering for a new, better life. In short, we cannot live without transport development, but neither may we be able to cope with its side-effects over the long term. Copyright 9. Let us have an insight on the impacts it actually creates on us. It creates awareness in people about the events happening in and around the world. The innovations in the technology, transportation, and communication have helped them to enter into the international markets. Land consumption is not just a direct consequence of transport development; it may also occur indirectly as land is utilised for the extraction of the raw materials (principally aggregate) required for construction. It is estimated that some 135 million people in OECD countries suffer transport noise levels in excess of 65 db. On the other hand, cross-national variations remain, when it comes to integration of market. Without globalization, no country would have witnessed the remarkable progress in their economies as well as their societies. Globalization can be defined as the integration of the world economies. These foods can also deteriorate the health condition of the people. They, in turn, become the caregivers of the nation that exploited and harmed them. 1. Difference Between Award and Reward, 5 Ways to energize your employees and Improve motivation levels. Preda Fair Trade Dried Mango fruit with loads of vitamin C and no chemicals are selling fast in the United Kingdom and Ireland. Eighty-year-old Elizabeth would not survive the coronavirus if not for Margi Gonzalez, her devoted caregiver. The Irish were impoverished. The integration of the countries has, in fact, opened up to us a wide array of opportunities. This results in the unemployment of the citizens of the developed countries. Report a Violation 10. Account Disable 11. Your email address will not be published. Although there has been a significant improvement in the fuel efficiency in cars and other automobiles. Figure 7.1 depicts the transport energy system and pollution. Here are some of the positive and negative effects of globalization. Customize your preference and get a personalized recommendation of stories based on your interest. Offer closes soon. Land Consumption and Landscape Damage: The provision of land-based transport requires the direct utilisation of land. For example, various governments possess all political incentives they need to regulate the movement of cross-border capital, but the revolution of information technology has made it almost impossible. Globalization Impacts: positive and negative impacts, 5 Strategies to Become an Employer of Choice, Functional Expert Definition – Importance and Advantages, What is a Group Interview? Though globalization can help in the transformation of a developing country to a developed country, it can also prove to be disastrous in many other ways. with this thanks. Access exclusive content of the Hindu Businessline across desktops, tablet and mobile device. Provides Cheaper Goods for Consumers; Because of globalization a lot of companies are … Even though the fall in passenger transport demand is pushed by social distancing restrictions, COVID-19 may have a long-term effect on people's travel behaviour. From rickshaw pullers to airlines, all have been affected economically by the pandemic.