Globalization can be described as a process by which the people of the world are unified into a single society and function together. This process is a combination of economic, technological, sociocultural and political forces. It’s a movement of people, goods, capital and ideas due to increased economic integration. Globalization is a controversial issue mainly because different groups interpret it in different ways. For its opponents globalization is a threatening word. It prompts visions of large multinationals dominating the world in pursuit of ever-higher profits. Many pressure groups fear that globalization threatens the environment as well as national cultures – they predict that it will make the rich nations richer and the developing countries even poorer than they are. But its supporters have another point of view. They believe that increasing and freer trade between nations will offer prosperity and economic growth for all countries and businesses. I would like to tell you about advantages of this process at first.
The advantages of globalization are numerous. First of all, now, it is possible to have truly global communication. Someone in Africa can talk to someone in Canada in real time. Or, someone in the United States can email a friend in India and have it arrive in their mailbox in less than one minute. The transmission of information over the internet is making people who live in underdeveloped countries aware of what is possible. The advantages of globalization mean that news is transmitted around the world as it happens. It is a lot harder to keep people in the dark about events in the rest of the world. More than that , globalization makes travel easier whether in very populated or very rural areas. Food and medical supplies can now quickly reach locations that need them. Countries get together to play in international competitions, such as the Olympics or for other world titles, such as in soccer, skiing or baseball. It is these kinds of instances of people working together toward one goal that will eventually lead to new understanding of cultural values and customs.
The Essay on History Of Globalization One World Countries
History of Globalization #11. Globalization basically means that the world is slowly becoming one, instead of divided lands. Most people think that globalization has to do with just business influences. However, it's also travel, communication, culture, etc that is affecting the spread of the world's cultures. Basically, globalization is where goods and services are produced in one part of the ...
Countries who can accept each other’s cultural values, even without sharing them, are much less apt to go to war with one another. Another important advantage of globalization is that countries can invest in one another, loan money to one another, and develop trade with other countries. Businesses can open and sell their goods in new foreign markets. The more goods that are sold, the more jobs are created. Even in a faltering economy, the world is a better place because the global market is more open and free. The movement of freedom and democracy is another one of the advantages of globalization. The world is becoming more and more one place. Globalization brings with it the knowledge that all human beings share the earth with one another. It brings about cooperation in trying to make the earth a better place to live. The ultimate goal of globalization is the peace of the world–all countries becoming accepting of one another and the diversity of cultures and beliefs that exists in the world as a whole.
A very critical advantage that has aided the population is the spread of education. With numerous educational institutions around the globe, one can move out from the home country for better opportunities elsewhere. Thus, integrating with different cultures, meeting and learning from various people through the medium of education is all due to globalization. Developing countries or labor-intensive countries have benefited the most. But at the same time process of globalization has disadvantages as well. And the first one is loss of Culture. Conventionally, people of a particular country follow its culture and traditions from time immemorial. With large number of people moving into and out of a country, the culture takes a backseat. People may adapt to the culture of the resident country. They tend to follow the foreign culture more, forgetting their own roots. This can give rise to cultural conflicts. Also, globalization has given rise to more health risks and presents new threats and challenges for epidemics, because of travelling. A very customary example is the dawn of HIV/AIDS. Having its origin in the wilderness of Africa, the virus has spread like wildfire throughout the globe in no time.
The Essay on Culture and World Wide Web
Basis ternet has changed our lives, before the internet, Life was completely different. In early times, people sent letters for communication, but now a day, The World Wide Web has changed the world in more than one way. The Internet has suddenly changed politics, business, and culture. Now today, there is no need to sent letters, it is the modern era, the information technology time, in which ...
Food items are also transported to various countries, and this is a matter of concern, especially in case of perishable items. The safety regulations and the standards of food preparation are different in different countries, which may pose a great risk to potential health hazards. Besides ,it is said that the rich are getting richer while the poor are getting poorer. In the real sense, globalization has not been able to reduce poverty. Instead it has led to the accumulation of wealth and power in the hands of a few developed economies. Therefore the gap between the elite and the underprivileged seems to be a never ending road, eventually leading to inequality. The most important disadvantage of globalization is the increasing number of the loafer. After the industrial revolution, industry gravitated some particular countries. Because of that, these countries became a power in industry. However production decreased and so unemployment was raised in the other countries. Another reason of the unemployment rise is that the need of less manpower.
As stated at Wikipedia, many workers found themselves suddenly unemployed, as could no longer compete with machines which only required relatively limited work to produce more product than a single worker. And the final significant effect of globalization is the difficulty of competition. With globalization, trade between the countries has been started to remove limits. This situation of enterprises has prepared the ground to be in constant competition with not only national competitors but also international competitors. Therefore, business requires being in a more rigorous and challenging competitive atmosphere to maintain continuity and development. Rising of monopole companies and trough among production costs are the main effects of this hard competition in business. As pointed in Global Policy Forum, undeveloped countries choose to use foreign capital for their improvement however it disposes the equality and stability instead. The last but not least is that we don’t actually know to what globalization can lead, we don’t realize its consequences.
The Term Paper on Goods And Trademarks In Countries Globalization People Phenomenon
On the Meaning of Globalization The technological development that characterizes the past two decades has triggered a communicational enhancement around the globe. Interconnectedness between people is greater everyday; goods, services, money, and information are exchanged between the furthermost parts of the world. International travel and communication now represent ordinary aspects of life. This ...
