Positive and negative aspects of localization:
Positive Aspects | Negative Aspects |
It teaches to be independent. | People need to be deprived of the consumption of the consumption of international goods and services. |
There won't be a chance of foreign interference. | The exchange of international aid is affected. |
Local means and resources are utilized. | There will be feeling of isolation from the contact with world community. |
It helps in the development of traditional language, religion, culture, costume and customs of the country. | People become deprived of the effects of foreign language and culture. |