The advantages and the disadvantages of using (a) broad and inclusive, definition (b) narrow and exclusive definition of globalization.

 What is Globalization?

Globalization is trading goods, services, technology, investment information over all the nation.


Broad and Inclusive

                   It describes the opportunity that is in the nation that still in the process of development. Broad and inclusive globalization helps/gives a chance to give an perspective on managing the plans on a country that have already reflected on the policy of their country. This will lead to a secured opportunities and this will also benefits everyone, by trading services, technology and investment.


Advantage

  • It gives an equal opportunity that would benefit for everyone and it will also give a secured opportunities in every nation.

Disadvantage

  • Failure to pay attention of the policies in every nation, because of incompetence, corruption, lack of resources and not having a good governance in the country.

Narrow and Exclusive
                    The focus of the economies, cultures and populations would be limited to the country itself. 

Advantages
  • Enhancement of the policies in every nation; by enhancing the policy of every nation it will lead to a betterment that would benefit every nation. 
  • Some of the perspective of every people on each country will not be limited and it is acknowledge by the government.
Disadvantage
  • Some of the perspective of the people on every country is limited and sometimes it is not acknowledge by the government; this will lead to have a lower rate of  economy in every country because of having a limited perspective. it means that the country operates itself alone.

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