The simple truth is that globalization and industrialization has done serious harm to the environment. However, are these upsides enough to counter the effect that globalization has had on the environment we live in? The Environmental Toll Of Globalization Free trade is beneficial to businesses of all sizes, meaning there are more jobs and wealth in the economy.You can buy a new house in Malaysia, a condo in France, or a mansion in Romania with far greater ease than ever before. If you want to invest in property and find that the domestic market is too expensive, then you can look overseas for options. Investment opportunities are no longer limited to borders.If you want to try living in another country, then there are opportunities that make this possible, even if you don’t speak the language. The world is more open to working people than it ever has been before.Lofty goals, but with one serious downside: the impact on the environment.īefore we dig into this, however, in the name of fairness, let’s discuss the positive impact of globalization: Globalization aimed to take borders down, to unite everyone, to make us all citizens of the world, to improve business links and allow for free trade. The founding idea of globalization is that no country should be restricted to their own borders that the world is part of a large community rather than restricted to small countries. Globalization was meant to change the world– and it did.
