Globalization And Modernization

Globalization refers to the development of an integrated world economy, exchange of cultural views, thoughts, and products (Wikipedia, 2013). Pologeorgis (2012) states that, essentially globalization began with the exploration and settlement of new lands. Communication and transportation advances have aided in this process.

Globalization is the ability in which an organization develops an ability to integrate people, communications as well as technology into other different nations.

Globalization/ pg. 29 the act or process of globalizing : the state of being globalized; especially : the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets.

and today the concepts are often used interchangeably. However, they do refer to different kinds

Globalisation as described by John Bayliss is the widening, deepening and speeding up of global interconnectness. Distinctions are usualy made between economic, cultural and political forms of globalization.Over recent years Liberals have tended to agree with the statement whereas the Realists disagree with the statement.

First of all, globalisation is defined as a process of exchanging of good and services, labour and

However, they are different. Give a definition for each term and describe how they are different.

Globalization is taking place across the world where people can either become globalization or stay local in the state or country. People are very controversial about globalization helping local economies and local businesses. Some people believe globalization is helping local businesses into the markets and then there are some that believe that multinational corporations hurting the local small businesses. What is globalization? “the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets” (). Globalization has started long before we were born.

Globalization can be defined as ‘international integration’, which can be described as the process by which the people of the world are unified into a single society and functioning together. This process is a combination of economic, technological, and political forces (dictionary.com).

Globalization, in its most literal definition, is the process of making, transforming or expanding a product or service into a global one. This process is a combination of economic, technological, socio-cultural, and political forces (Button, 2008).

Globalization is simply the spread of American culture. American culture is a capitalist democracy. American culture is a diffusion of ideas, yet at the same time individualistic. American culture is everything from politics to music and Hollywood movies. Americanization is the breaking down of borders. With the implementation of the Marshall plan after World War II, West Germany quickly regained its strength that had been lost to the war. The Marshall plan provided for American dollars to be invested within the country in order for West Germany to be rebuilt. A strong West Germany was not only beneficial to West Germans, but to the United States. West German social reform and economic reform followed, and as the country’s strength grew, so did its gratitude to the United States. With the United States pretty much responsible for rebuilding West Germany it is easy to understand how an Americanization could have taken place. Democracy was implemented in West Germany, followed by capitalist ideas, followed by an influx of American way of life. This Americanization was spread throughout the country, and was the front of the Cold War. Finally, after years of a wall splitting a city in two, and symbolizing a separation in ideology, the wall came down and so did the Cold War.

First, we can look at how Steger defines globalization to gain a better understanding of what globalization actually is. In his book “Globalization: A Very Short Introduction,” Manfred B. Steger states, “Globalization refers to the expansion and intensification of social relations and consciousness across world-time and world-space” (Steger 2003, 15). To break his definition down further, expansion and intensification of how people react with each other means that more challenges in social interaction with each other

Globalization: Globalization is the tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnection of the world. Globalization has had the effect of markedly increasing international trade and cultural exchange. Such as Starbucks, globalization became the topic of discussion, because they had to adjust to the different coffee taste that originated in different countries to maintain their customer

Globalization refers to the interconnection among countries, politically, economically and culturally. Globalization has come into existence due to the following factors: (i) betterment in transportation and communication, (ii) human and capital mobility, (iii) increasing formation and existence of NGOs and multinational corporations.

Another definition would be that: “Globalisation describes a process by which national and regional economies, societies, and cultures have become integrated through the global network of trade, communication, immigration and transportation.”4