Points to remember before you participate in this disuccsion:
- Assume, you one of the member of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Express your positive attitude towards providing the solution..
Globalization is the path for a country to grow fast in every aspect, it also benefited to people of country. It's live example is our country, it was started in 1991 onward in India, and the changes we are able to see all round in technology, IT, economically, fashion and other fronts. From the banking front we can see the benefits by using ATM, internet banking, mobile banking, CBS banking.
We can also look the benefits of Nationalization, like application of Priority sector lending, retail lending. With out this it was not possible.
mark said:
Hello friend, . According to my point of view both globalization and nationalism play vital role in development of any country, basically for developing country. Globalization help a country in my point of view like.
1. Economy.
2. Exchanging of knowledge.
3. Trading.
For example. Country India is developing country. Many sectors are still need support of foreign country like in airlines manufacture. Technical knowledge exchange.
Many natural resource are not present in India. Uranium. Due globalization we can imports.
Nationalism also plays an important role in development of country. If all employee get their for effort in their work. And utilize time and support the govt.
As everything has some bad effects, Globalization is not an exception. As far as economic development is concerned globalization is very important for developing countries. Investment of large amount of capital by foreign companies, new ideas, advance technology are the gift of globalization. If the small companies of a country adopt the new ideas, if they take the advantage of new technologies then it will help to improve and grow their business and one day they will be able to compete with the foreign companies which ultimately will help a country to grow.
ReplyDeleteGlobalization also help us to know about the culture of other countries. We can introduce our culture in a global stage through it. But in India we are neglecting our own culture and are adopting the bad things of western culture. Without giving respect to our own value and culture, we cannot represent our country in a global stage. It is true for other countries also. Here is the importance of nationalism. So a proper balance between globalization and nationalism is needed for becoming a developed one from a developing country.