Preview

The reasons and the consequences of globalization

Powerful Essays
Open Document
Open Document
1518 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The reasons and the consequences of globalization
The reasons and the consequences of globalization

Nowadays the process of globalization involves the majority of countries throughout the world. As any other occurrences, it has reasons and entails consequences, which can be as useful for some countries as destructive.

The globalization in a general word sense is known to be the process of the world economic, political and cultural integration and unification [10]. I am going to use the term in this aspect.

What factors have given occasion to globalization development? Of course, I will not embrace all the reasons; let me stop on major points only.

The first item I would note is enhanced technology access. Humanity has developed exponentially that has been accompanied with new invented technologies. It goes without saying that, having become more available, they are not a luxury index now. For example, the Internet. Even 10 – 15 years ago, mostly rich people and developed countries were able to afford to have it. I suppose that the Internet has the impact for globalization in many fields.

Firstly, people have an ability to communicate with foreigners too simpler than without it. Many international social networks exist, such as Twitter, Facebook etc.. Also the program ICQ and its analogues are known to be popular among Internet users.

Secondly, the Internet affects business. Most of all, companies enter into transactions with the help of the Internet that is faster and cheaper. People also use the Internet to make purchases [11].

Thirdly, the Internet is the biggest data base which transplaces libraries gradually [11]. To my mind, these knowledges concern all the countries and people from all of them have the access to these human learnings.

However, the globalization had started before the Internet became popular, of course. In the essay I am speaking about dramatic globalization growth occurred after the Second World War.

After the War, new technologies led to fast overseas, rail and

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Globalization is the process by which different societies and cultures integrate through a worldwide network of political ideas through transportation, communication, and trade. Generally, globalization has affected many nations in various ways; economically, politically, and socially. It is a term that refers to the fast integration and interdependence of various nations, which shapes the world affairs on a global level. Simply put; globalization is the world coming together. In this essay I will discuss multiple perspectives on globalization through the analysis of these three sources.…

    • 720 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    APA 1

    • 1340 Words
    • 5 Pages

    According to the research of Bishop et al (2011), the concept of globalization came into being soon after the world started to get connected at initial human history. The authors argued that increase in transportation and technology, the liberalization of trade policies between governments, increase in the inequalities between nations, and increase in inequalities of earnings between people of a nation are some of the major drivers of globalization. Fritsch (2011) in his study also argued that technology is not the only force behind globalization. In his study, he identified that technology has a great role in contributing to the increased globalization. However, there are many other factors that played equal part in driving globalization.…

    • 1340 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Globalization is the acceleration and extension of interdependence of economic and business activities across national boundaries (Oded Shenkar. Yadong Luo). Over the years globalization has had its effects in different aspects of the economy and this has brought about different views as regards globalization.…

    • 698 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Globalization has been a result of increased flow of communication between remote geographic regions. This has been made possible by technological advancements in satellites, fibre-optic communications, telephone, and specifically the internet. Advancements in communication have significantly improved trading and other business activities. For example one can easily buy products and make shipments via the internet.…

    • 519 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Globalisation

    • 424 Words
    • 2 Pages

    Globalization makes great contributions to the convenient communication of different countries all over the world due to the rapid increase of trade commerce and information flow . It did change the world to a great extent . While as Abadon explains , it has both positive and negative effects(Abadon 2009).…

    • 424 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Globalization is one of the main features of modern society. Today it covers almost all spheres of human activity, and its influence becomes more and more obvious. To talk about the effects of globalization, it is necessary to understand its nature and the factors, sources, which led to its emergence.…

    • 432 Words
    • 2 Pages
    Good Essays
  • Good Essays

    In this generation, people around the world are more connected to each other compare to before. We try to break down the isolation wall between countries and make effort to build bridges where the products, ideas, and belief can cross the borders. Information flows on the Internet shared by people in different countries. Using the Division of Labor produce the different parts of the good in different country to reduce the cost. At the same time, goods are available in all parts of the world. International travel and studying abroad become more frequent and easier. Globalization is also the puppeteer of countries’ economic. Before making any conclusion, let’s talk about the pros and cons of globalization.…

    • 672 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Essay Outline

    • 991 Words
    • 4 Pages

    The Essay will focus on the different factors Globalization has an influence on, culturally, financially and politically. The essay will look at and cover different advantages and disadvantages of each factor specifically and each paragraph will be grouped to one factor exclusively, the essay will be widely cited.…

    • 991 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Effects of Globalization

    • 4721 Words
    • 19 Pages

    Assoc. Prof. PhD Cornelia Nistor Faculty of Administration and Business University of Bucharest Abstract Although globalization cannot ensure worldwide stability and economical equilibrium, or full environmental protection, its positive effects mainly regarding the trading development and the access to new markets are undeniable. Also, there should also be emphasized the opportunity for rather poor countries of developing in an extremely rapid rhythm due to access to new technologies, products and information, access to direct investments and loans. Among the negative effects there are: first poverty, persisting in the under-developed countries, the issues regarding the environmental protection and ensuring full democratic expression. Last, globalization should be regarded in view of the influence it has over the consumer economical entities.…

    • 4721 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    The next thing is about capital. Globalization introduces the cash flow between different places over the world. Nowadays, everyone is talking about investment. Investment is kind of process that make use money to provide capital appreciation or income. Under globalization, we can see that it is easy for in individual investor to put their investment on different locations. It is a kind of foreign investment. These flow-in capitals are very important for some…

    • 2081 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    economic globalization

    • 302 Words
    • 1 Page

    Economic globalization is a double-edged sword ,it has its both negative and positive effects. To the economic globalization , different people come up with various attitudes. Some people are happy in economic globalization’s beneficts , however, at the same time , others in the worried the negative effects .…

    • 302 Words
    • 1 Page
    Satisfactory Essays
  • Best Essays

    Globalization: Synopsis

    • 2800 Words
    • 12 Pages

    However globalization is phenomena often used in nowadays society, there are no unified opinions weather is good or not. This is the purpose of the assignment. To pointed out also some negative impact of globalization. To be people aware even they have lot of opportunities to travel it still has some negative consequences in form spreading diseases, crime ad so forth.…

    • 2800 Words
    • 12 Pages
    Best Essays
  • Satisfactory Essays

    To begin with, globalization has contributed to the worlds economies in many beneficial ways. The advances in science and technology have allowed businesses to easily cross over territorial boundary lines. Consequently, companies tend to become more productive, competitive thereby raising quality of goods, services and the worlds living standard.…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Globalization

    • 304 Words
    • 2 Pages

    Globalization is a process and this process makes developments in these countries. First of all, free trade has been established between countries. This means that the countries can produce and import goods without paying heavy tariffs. This leads to the availability of wide range of products at reasonable prices, everywhere in the world. Due to the electronic transfer it is possible to transfer money through banks just by the click of a button. Secondly, with various educational institutions around the world, youth can move out from the home country to better opportunities. Moreover, the migration of people which has become easier has led to better jobs opportunities. 86…

    • 304 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Globalization may be defined as a concept refers to the intensification of consciousness of the world as a whole. Majority of people are for the trend of globalization for it undoubtedly brings benefit to human. However some people argue that globalization also has disadvantages to the whole world. This essay aims to discuss the positive and negative effects of globalization in different areas: economic, cultural, political, and social systems.…

    • 529 Words
    • 3 Pages
    Satisfactory Essays

Related Topics