Globalization

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.

‘Newly industrialised countries have been and continue to be, the driving force of globalisation.’ To what extent do you agree with this statement?

Today, we live in a world of change. Change is everywhere and it can be a major or so small we don’t notice it until later in the future. Our environment is changing, we as humans are constantly changing. Our world is moving into modernization and globalization. “Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.” (Globalization101.org, 2016) Globalization isn’t a new concept, for thousands of years; humans have been connecting with other civilization or population via trade and wars. Advances in technology and changes in policies have sped up the process of globalization and development around the world. One of the biggest and largest contributors to globalization is the United States of America. The influence from the U.S. to other countries is vast and greatly affects economies, governments, and even healthcare. Healthcare is a sensitive subject and like many countries like the United States, it struggles to maintain a balance of people’s needs and wants.

South Asia is on the ropes and close to falling off in terms of it being a developing country. Their technology standards are nowhere near where it should be. Globalization is a worldwide process in where business and companies make money. How does globalization impacts the laborers of the South Asia? Globalization impacts the laborers of the south Asian people by fostering an environment that makes people give up their food and kids in order to make income.

In this statement, Knox and Marston portray globalisation as having a symbiotic relationship with places and communities wherein each part is shaped and influenced by the others, building upon and changing their existing structures without losing the inherent nature of what they are. The reality of globalisation can be somewhat more complex, as through this reconstruction aspects are inevitably lost or overwhelmed in the process, however globalisation cannot completely erase global differences, as difference is an intrinsic aspect of globalisation’s success. If the “foundations of the modern world are industrialization, colonization and the international market economy” (Knox & Marston, 2015, p. 87) the success of globalisation relies on how regions and communities respond to and use these forces for their own gain. In the cases of the rapid industrialisation of Shenzhen in south China and the aftermath of colonisation in Mauritius, both regions have actively responded to globalisation and involved themselves in the international market economy in order to build their own success. These places are active participants in globalisation and thereby reconstruct the meaning of globalisation as much as globalisation is restructuring them.

Globalization is a process of multinational character by exchanging of capitals, goods, services and labour among the nations. Often it reforms the process of nation's social development on the lines of socio-cultural, environmental, political and geographical conditions.

The process of globalisation creates various market prospects for businesses, and is one of the most effective means through which a business can expand. While there are multiple reasons to trade internationally, some of the most common include business growth, market diversification, increase in sales, and the opportunity to create or dominate new markets. Organisations employ many tactics in order to expand globally, and consider many factors before entering into trade agreements. Overall, global trade is effective for both the small business and the Australian trade market.

Many times we take things for granted, especially when we have lived our whole lives in a bubble where there are tremendous changes but nothing that takes what we have. That’s not the case for many people living in a condition where no one should be living. Haiti is a country where poverty is a big problem, where people starve themselves, no jobs, etc. Is a country where globalization has impacted the environment a big way.

What pushed people towards the idea of globalization? Globalization is the increasing interactions of people for money, ideas, and culture. The earliest form of globalization in the world was the idea of hunting and gathering societies. Hunting and gathering societies were groups of people interacting with each other for new ideas and a better chance of survival. Hunting and gathering societies were replaced by civilizations with the new idea of agriculture and farming. With the abundance of food, populations could now increase and people no longer had to embark on extensive travel for food. This allowed for people to create new technology, ideas, religions, culture, and goods without worrying so much about survival. All over the world people are creating new things, but they are doing this with different materials and ideas that others did not have. Some people wanted money by selling their things to others. Other people's religions required them to spread the word and recruit more people into believing in it. Although people wanted to spread their religion, others did not. This caused great conflict between civilizations with different beliefs. Others who were interacting with each other wanted to adopt or purchase these new ideas and things, which led to the term we know as globalization. Globalization was the result of people interacting with each other based on the ideas of trade, war, and religion.

they are being offered a job in order to stay afloat. “Sweatshops provide much needed jobs in countries that suffer extreme poverty” (Payne, p.102).

Each year, globalization plays a more profound role in regards to the national economies of the world. Globalization has allowed for the expansion of corporations beyond their natural domestic limits. As such it has contributed to an increased standard of living for those who embrace its presence. Free trade therefore, is a welcomed addition within the overarching trend of globalization. Free trade allows for the transfer of goods and services when demanded by specific economies. It also allows the countries best suited for such activities to flourish. For example, China is proficient in manufacturing which allows the country to export far more goods than it imports. Developed nations such as Europe, America, and to a smaller extent, Japan demand these cheaper goods as they import more than they export. This trade allows both parties to subsequently flourish. China can sell its products to generate addition funding to expand its economy while America and Europe have access to low costs goods and services. With the advent of globalization, Chinese manufactures are better equipped to expand overseas to expand their manufacturing competitive advantage. This expansion allows lower cost goods and services to reach otherwise inaccessible areas of the world, thus increasing their standard of living. A shirt that once cost $15 now only costs $5. Society benefits as more dollars

Different economies may have common points on growth potential and many other aspects, but due to different regions and national situations, they always have crucial differences.

Globalization brings together different cultures. In the article Globalization A Very Short Introduction the author Manfred B.Steger states “conversely, the term globalization should be used to refer to a set of social processes that are thought to transform our present social condition into one of globality”. Steger also states that globalization was supposed to expand nationality, but it was used more as a political power to reduce restrictions on trade and this is where the logic of development behind NAFTA came about. Globalization is a shifting of different contact, this is exemplified in the country of Guatemala.

To compare inequality among nations, incomes and living standards of their citizens should be reviewed. The World Bank has determined that people living on $1 per day in developing countries and people living on $2 per day in medium economies are considered poor (Infoplease, 2005). In contrast to the $1-$2 per day standard, in the United States, Japan, Europe or other developed nations, a person trying to live on less than $1,000 per year is unimaginable because the cost of living is many times this amount. The income gap that exists between rich and poor counties has become substantial.

To compare inequality among nations, incomes and living standards of their citizens should be reviewed. The World Bank has determined that people living on $1 per day in developing countries and people living on $2 per day in medium economies are considered poor (Infoplease, 2005). In contrast to the $1-$2 per day standard, in the United States, Japan, Europe or other developed nations, a person trying to live on less than $1,000 per year is unimaginable because the cost of living is many times this amount. The income gap that exists between rich and poor counties has become substantial.