Globalization impact on the world

Globalization has many advantages to the world economy and it also has advanced the world’s culture, like everything that has a positive sides it also has its own disadvantages, here are some advantages and disadvantages of globalization.
Many people don’t really appreciate how efficient the world market is by efficiency I mean the supply and demand. The increase of supplies and demands allows the economies to grow and flourish and when a specific economy grow it helps other economies to grow too. In this way the economies across the globe benefits from this. And this is a result of an ecumenical globalization which is an absolute advantage.
When a countries economy grows it competes with other countries which means in many cases countries would ignore the environmental dangers that comes along with an economy growth. To supply an economy growth more energy is needed like fuel for example which has a devastating impact on the environment because it emits Co2, trees are bulldozed down and replaced with factories which even produces more pollution.
In time this would lead to global warming and possible irreversible damage to our environment. Countries around the world and especially the developed countries should come up with new rules and regulations to reduce the environmental risks due to globalization.
In conclusion, globalization had its advantages but comes along with disadvantages as well, if countries come up with better ways to deal with the down side of the globalization it would be beneficial for everyone including to our environment.