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With regards to the above definition of globalization, the general implication is that globalization solely benefits private sectors entities, where as it can be seen detrimental to vulnerable societies. I disagree with this definition to a certain extent, globalization as an inevitable natural phenomenon has a positive effect on global trade, integration, though multinational corporations and First world countries are usually the beneficiaries. The Essay will focus on the different factors Globalization has an influence on, culturally, financially and politically. The essay will look at and cover different advantages and disadvantages of each factor specifically and each paragraph will be grouped to one factor exclusively, the essay will be widely cited. Main Body Paragraph One Topic sentence: Culture aspect of globalisation When looking at culture, the paragraph will primarily try to split culture into pro and cons while also taking into account the stance taken on the essay, and will look to provide further supporting evidence to support the position taken. Advantages When looking at the impact technology has had on globe with relation to globalisation, we look at accelerated integration, through the development of fibre optics, the internet and mobile technology, this has spawned the spread of people’s ideas and trade, this will continue to offer enormous potential for poverty as discussed by (Ian Goldin, 2012). This statement is closely linked to the one prior, â€Å"acceleration in the degree and intensity of the connections among different Cultures and different regions. This is mainly due to advances in telecommunication† as stated by ( Doku, P. N. , Oppong Asante, K. 2011). Disadvantages One of the main concerns of globalisation and referred to as the downside of globalization is the increase of inequality between and within countries. (Ian Goldin, 2012) The idea that human lives are increasingly being challenged and integrated into a large global network. ( Doku, P. N. , Oppong Asante, K. 2011) Globalization has had an alarming effect on youth, families, and cultural systems worldwide. Many social systems are contaminated by the need to borrow values, morals, skills, and competencies from the next regions or nations. ( Doku, P. N. , Oppong Asante, K. 2011) Supporting evidence I refer back to my essay stance made and use ( Doku, P. N. , Oppong Asante, K. 2011) as supporting evidence ,referring to the report â€Å"Many discussions of have focused mainly on economics and politics. Others, thus in many ways, see business as the primary engine driving globalization, but it would be a mistake to conclude that the implications of globalization will be limited primarily to the commercial and political arena†. Direct quotations â€Å"Globalisation lies at the heart of modern culture; cultural practices lie at the heat of globalisation† (John Tomlinson 1999, pg. 1) Paragraph Two Topic sentence: Financial aspect of globalization With regards to the financial aspect of Globalisation, the paragraph will simply group advantages and disadvantages Advantages There are various different economic advantages of globalisation, opportunities are created through open markets , businesses can communicate more efficiently and more effectively with their partners, suppliers, and customers and manage better their supplies, inventories, and distribution network. (Panos Mourdoukoutas, 2011) Disadvantages There are various different economic disadvantages of globalisation, such as new risks and uncertainties brought about by the high degree of integration of domestic and local markets, intensification of competition, high degree of imitation, price and profit swings, and business and product destruction as the report suggested (Panos Mourdoukoutas, 2011). Direct Quotations â€Å"Many US corporations are taking advantage of low labour costs in other countries to cut costs and some executives insist, ensure their companies’ very survival†. (Phillips-Donaldson 2011, pg. 6) Paragraph Three Topic sentence: Political aspect of globalisation With regards to the political aspect of Globalisation, the paragraph will simply group advantages and disadvantages Advantages When looking at the political advantages, the paragraph will primarily focus on the statement that â€Å"over the past few decades, we have seen an urgency of most developing countries becoming steadily more integrated into the global economy†. ( Rudra, Jensen 2011) Disadvantages â€Å"The relationship between globalisation and natural resources is of immediate interest to political science: It has been evident that there are serve consequences for distribution of power. Not only could leaders in resource rich nations such as Libya, Venezuela, and Iran be emboldened by their control over these Increasingly coveted resources subsequently leading to their dictatorship, but as well resource dependent countries find it a problem to expand their global economic power and maintain domestic level of stability(Rudra, Jensen 2011) Direct quotations â€Å"Due to the acceleration of global economic activity, there has been a significant amount of pressure on natural resources† (Rudra, Jensen 2011) Conclusion In Conclusion I reiterate that I am in support of globalisation, and believe that overall it has a positive effect on the globe. I disagree with general implication that globalization solely benefits a country from a economical stand point. Though globalisation can be seen detrimental to a large extent, it causes more good than it does harm.