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Date of publication: 2017-09-04 10:28

Anxiety also emerges among countries with different economic rules. Although the narrative of free trade and liberal economics driving innovation persists, there is a more ambiguous reality, in which some states play by the liberal rules of free economic competition when it suits them, and the rest of the time distort the costs of capital, protect and subsidize industry and operate opaque systems of regulation. The tensions among the fastest growing emerging economies are as great, if not more so, than between developing and developed countries.

Small and Medium-Sized Enterprises and Globalization

The world today faces a wide range of challenges. Despite the great economic and scientific progress mankind has made, many in the world are still struggling to survive. Even in developed nations, individuals and communities face problems like poverty, disease and violence. Individuals and private organizations have done much to help alleviate many of these problems. Government have also played a role in addressing issues like poverty and public health. In your opinion, who has a bigger role to play in solving today’s problems: governments or individuals?


Controversial essay topics are burning, hot issues, which raise heated debate and provoke confrontation concerning an ambiguous subject of a current interest.

The Negative Effects of Globalization Not Many of Us are

The employment scenario in India is probably the worst in recent years due to globalisation. The restrictions of use of child labour and fair pay to workers have a badly affected the traditional industries like cottage, handloom, artisans and carving, carpet, jewellery, ceramic, and glassware etc., where the specialised skills inherited for generations were passed on to the next generation from the early age of 6 to 7 years. The globalisation and trade restrictions under the influence of WTO have virtually killed business in these sectors.

Controversial essay topics are usually much talked about and raise the interest in many people. They are thrilling and captivating, but usually these are points of great nicety, which touch upon sore questions in any sphere of life. The main point of them is to call the attention to some facts.

Electronic giants like IBM and world leaders in the telecommunication sector like Ericsson, Nokia, Aiwa etc., delivered wide range of quality products at affordable prices and brought a major revolution in Indian electronic industries. In the power sector Enron, AES-CESCO are dominating the show. The resultant effects were tremendous boost to industrial sector economy. The price level came down due to cut throat competition and Indian consumers are so far happy.

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Unfortunately, the ACT has only released a meager two sample prompts for you to preview. The first one is available on the ACT’s website here . The second is included in the most recent practice ACT the test makers have released, available as a PDF  here .

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