Globalization: Its Effects Key Drivers and Supporting Theories

We live in a time of worldwide change. What happens in one part of the world impacts people on the other side of the world. People around the world are influenced by common developments.

The issue of globalization for the people of the United States has been a long and terrifying problem for them. Although other countries many have had issues with this problem it appears the U.S. is still being affected by it to this day. Although not everyone in the United States may have been affected by the issue. Majority of the people (mid class and lower class) have somehow been affected by it or knows someone that has been affect because of it. This issue of globalization has been talked about by politicians so it appears it had to been a major impact to the country. Thus, this issue of globalization has been an issue for the United States for a long-time way before the twentieth centuries. Therefore, this paper will discuss what is globalization and how it has impacted Americans views and how some people’s views changed because of it and finally, what is the impact of communications technology. All these key topics will help with getting a better understanding of what these issue is and how it has affected society today.

Globalization is difficult to simply define due to the variety of changing definitions that have been established over previous decades. Hamilton and Webster (2012) suggest that globalization is the connection between nations, defining globalization as a process in which barriers are reduced in order to encourage exchanges between countries. This view proposes that globalization refers very much so to the trade barriers and the improved communications between countries in order to ensure the world is unified. Globalization increases economic activity across the world and opens up markets for foreign investment.

Another definition of globalization is suggested by Morrison (2011, p.43), that globalisation is a process by which people, products, information, money and companies can move around the world as decision-makers

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 defined is the worldwide movement toward economic, financial, trade, and communications integration. Globalization itself has been around for ages. In ancient times, the Greeks and Romans would import salt and spices while exporting musical instruments and art to the eastern part of the world. It has helped shape the society we currently live in. Globalization also plays a part in influencing change in cultures, lifestyles and values. From afar, globalization would seem to have a heavily positive effect on the world we live in today, but not everything is what it seems. Indeed, the concept of globalization raises many

Globalization is defined as the act of globalizing, or extending to other or all parts of the world. In other words, globalization is that the world has experienced two great waves of gobalization driven by the free trade policies of major trading countries and falling transportation costs.

Fortunately, many places in the world are covered with people who posses tons of possessions. From cellphones, to computers, different types of attire clothes, vehicles, furniture, electrical machinery, plastics, footwear and much more, China is one of the most largest goods exporting countries in the world. Have you ever look at the bottom of any particular item you own and saw the three words of “Made In China” on the majority of those items? China is a very large manufacturing piece of land that exports the many items that we see and posses in our country of the United States. Due to trades, imports, exports and agreements, Globalization, which is the process where businesses, industries and organizations develop the international

Premises 1: The world is changing. Populations today are in a constant state of flux. However, despite this there are several trends that have been proved to be significant to our time. These demographic trends all have critical impacts on the development of globalization in the world. Whether, that be by accelerating it or by decelerating it. Small demographic trends when persisted over generations can lead to significant demographic alterations. The reversal of demographic trends can often take years to occur and thus are a critical part of a nation's profile.

Globalization refers to a shift towards a more integrated and interdependent world economy. (Hill & Jain, 2014, p.5). International trade has changed its course due to the enhancements and innovations of globalization. To meet the competitive world many countries, developing as well as developed form agreements with each other to remain competitive and strive to higher levels.

Globalisation is disputably the most vital factor currently shaping the world economy. Although it is not a new phenomenon (waves of globalisation can be traced back to the 1800s) the changes it is bringing about now occur far more rapidly, spread more widely and have a much greater business, economic and social impact than ever before.

Across the world, globalization is one of the most significant aspects that has occurred over the last fifty years. It allows a country to integrate economically with other countries through a global network comprised of people, trade, and transportation. With the global landscape only becoming more intertwined, globalization and its inherent pros and cons seem to be here to stay. In many areas, global powers tend to lack in rectifying the negative aspects and only focus on the positive side. America, for example, is a leader in the globalization efforts, even though it has greatly effected job opportunities at home, widening income gaps, and an increased standard of living due to fluctuating world markets.

In the past 100 years, the world has shifted enormously. Once, a world that only communicated when one nation was trying to take control of another, is now connected more than ever. This transformation began with the Industrial Revolution in a period from around 1760 to 1840. Thinking back to that time, we can easily think of noticeable differences between how the world was and how it is today. The United States was a small, developing country, still trying to overcome the effects of a costly revolution. Across the ocean, once the United States’ major rival, Great Britain, was still the greatest power in the world. And around the world, China and Japan were nowhere near the economic

Globalization is the procedure in which individuals, thoughts and merchandise spread all through the world, impelling more connection and joining between the world 's societies, governments and economies Globalization includes financial joining; the exchange of strategies over outskirts; the transmission of learning; social steadiness; it is a worldwide procedure, an idea, a revolution and establishment of the worldwide market free from socio-political control. It is the procedure of world shrinkage, of separations getting shorter, things drawing nearer. It relates to the expanding ease with which some person on one side of the world can collaborate, to shared advantage, with some person on the opposite side of the world. Globalization

The term ‘globalization’ has become the paradigm of explaining the interconnectedness of the world and its inhabitants. While there are numerous definitions, the one coined by Gao Shangquan fits into context: Economic globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies.