Globalization and it's effects

 Q. World today has seen the emergence of a global market due to increased connectivity. It has led to various multinational companies opening up in India and in other developing nations. This is an era of globalisation which has brought many changes around us. Write an article in about 100-120 words on 'Globalisation and its Effects'. You are Naman/Namisha. 

Globalisation and its effects                                                                   - By: Naman

Globalisation means linking the economy of a country with the economies of other countries by means of free trade, capital and movement of persons across the borders. The ultimate aim of globalisation is to look upon the world as a 'global village'. It has become very important for an economy to develop connections with rest of the world. This results in an unrestricted flow of goods and services, capital, people, technology and expertise among different countries of the world. 

It has significantly (in an important manner) increased the foreign trade in the India by adopting various policies. This has increased the GDP of our country. As a consequence of globalisation, there has been a considerable increase in foreign investments in India. There is an significant improvement in our foreign exchange reserves. It has promoted collaboration of foreign companies with many Indian companies. 

Further, globalisation has expanded the size of market. It has permitted Indian business units to expand their business all over the world. Now, multinational companies have no national boundaries. Indian companies are also doing their business in many countries. 

Globalisation has helped to promote the use of branded products, which led to quality improvement. It has enabled the flow of foreign technology which is very superior and advanced. It has also developed the markets of the nation. There has been tremendous improvement in various services like insurance, banking etc.and Electronics like Mobile phones, LCDS, LEDS in the country. 

Globalisation has increased employment opportunities for Indians by establishing various production and trading units of foreign nation, which has reduced the brain drain to the large extent. Moreover, the standard of living of the Indian population has improved. They are getting many products at reduced prices. 

But every coin has two coins. Globalisation has some negative effects. There has been a huge loss to domestic companies. Due to increased use of capital intensive technology, employment opportunities have reduced. Small and cottage industries are affected adversely. There is a negative effect on Indian culture and value system. Production of prohibited goods are taking place in order to earn more profits. Global companies drain talented persons of India to other nations. 

So, it is very essential to make wise conscious choices and maintain a healthy balance in the country. we need to chennelize our focus on the positive effects of globalisation and constantly cope with the negative effects.

Changing neighborhood

Q. Write an article in about 120 words on the topic "Changing Neighborhood." You are Ankit/Ankita.

In your article you should
1. describe some important changes that you notice in your neighborhood- better transport, better homes, new shopping malls, more traffic, more crowd, more crime, less greenery

2. say how relationships between neighbours are also changing- greater distancing, lack of fellow-feeling, less interaction, less cooperation etc. [CLASS VII BBC COMPACTA]

CHANGING NEIGHBORHOOD                                                               - By: Ankit

 (A neighborhood is one of the parts of a town where people live.) Neighborhood is the surrounding of the place where one lives. It is a place where people live and interact with each other. The people living in our neighborhood are our neighbours. Change is the law of nature. (Change is inevitable.) Life goes through a continuous process of change and neighbourhood is no exception.  Since the decades, there has been many changes in  my neighborhood. It has changed completely. 

To commence with, the major change occured in neighbourhoods is the development of better homes of people. They have designed their homes with increased and advanced facilities such as modular kitchen and modern or sophisticated gadgets. Every family member prefer its own personal vehicle as per era which has increased traffic on road and thus pollution level arrived at peak and lush green gardens are at its end. Moreover, there is an improvement in public transport system such as electronic vehicles are gaining importance day by day. People have now better transport facilities in their neighborhood to commute from one place to another. 

Population has increased manifold, which makes the neighbourhoods more crowdy. As a result, the demands of the product increases which leads to the rise of industries and thus, forests and greenery are gradually disappearing. Furthermore, open spaces are used up at very great pace. More and more complex shopping malls are gaining popularity with each passing day. Thousands of malls are set up daily from the low priced items to the high one or from the luxury items to the necessity. 

Another change occurs in neighbourhood is that the crime has increased manifold. Even in crime case their neighbours play a major role. Criminals in neighbourhoods have increased in leaps and bounds. Moreover, Neighbours have become more and more materialistic. 

Due to materialistic nature of neighbourers, the relationship among them is changing. There is greater distancing between two neighbours living to their next door. People take their neighbours as troublesome for them. Fellow feeling among them is getting vanishing with each passing day. They are becoming insensitive, pitilessness to people living in their locality. They don't like to interact, socialize anymore. Their nature have become non cooperative. 

Thus, So, we must welcome the innovative changes and discards unfavorable change from our neighborhoods. And we need to be proactive (ready before something happens) for any unfavorable change in our neighborhood.