Technology and Globalisation
Technology and Globalisation
supermarkets and with on-line shops. How does this affect local
communities? What could be done to improve this situation?
(1) Influence
Large chain store are able to purchase and trade a very large volume
of goods and, as a result they can sell goods with a very small profit
margin.
Likewise, online retailers have comparatively low overheads as they
do not have to maintain a shop.
In comparison, smaller local shops have to sell products at a
relatively high price in order to make a profit. Unable to compete,
they often face failure.
(2) Influence
The problem with this is that the community loses the sense of
identity.
With the loss of these shops, high streets and town centres become
homogenised with the same shops fronts and products. It has also
been found that local shops generate more employment than larger,
chain stores.
(3) Solution
What we need to do is to encourage people to shop locally.
This could be in the form of publicity campaigns, highlighting the
benefits of supporting local businesses.
The government could also play a role by offering tax breaks and
incentives to local businesses so that they are better able to compete
with larger companies.
Q2 There is no doubt that globalisation has benefited the world
by bringing together people, business and nations. People who
criticise it stand in the way of progress.