globalization paragraph,

Globalization
Globalization is now very important in international relations.
Basically it is a process of expanding trade and commerce all
over the world by creating a border-less market. But it has a far
reaching effect on many aspects of activities. With the
development of high -tech communication media and rapid
transportation facilities, the world has come closer. We can now
learn instantly what is happening in the farthest corner of the
world and travel to any country in the shortest possible time.
Countries in the world are like the families in a village. They can
even share their joys and sorrows like next door neighbors. If
one country is in distress, other ones can immediately come to
its assistance. But taking advantages of the idea of globalization,
capitalism seems to be on a triumphant march. It is creating
more opportunities for capitalist countries rather than for the
developing ones. In the name of help and cooperation, the
industrially developed capitalist countries are exploiting the
cheap labor available in poorer countries. The global strategy of
development promises greater employment opportunities to the
people of poor countries but at the same time it also promises
high returns to capital. Computer, fax, e-mail, internet, satellite
are the new addition of globalization. Computer have thus
brought about a revolutionary change in today’s world. If we
could build up an atmosphere of mutual understanding and
cooperation through the globalization-al process, our world could
certainly be a better place to live in.