The Effects of Globalization

After reading the history of this person, I experienced different feelings in the first pride that in this world there are still such people, secondly the sadness that I as a person still failed to do something extraordinary for this world. From what I have read, I have noticed, to a large extent, the positive aspects of globalization. Even Samir himself speaks about this that they greatly influenced him “Globalization has had a very strong effect on me. It has allowed me to live with my friends and extended families that live in very different cultures and settings.”

Globalization can best be defined as the shrinking of our world. As technology advances the gaps between Countries is closed, and our society as a whole becomes more integrated. Globalization is something that has been occurring for thousands of years, with one early example of Globalization being the use of the Silk Road, which connected China and Europe during the Middle Ages. Globalization can offer businesses many was to increase business, while at the same time threatening them (Globalization101.org, 2014).

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

Economic globalisation is a multi-dimensional process based on the continuous integration between domestic economies along with the increased impacts of international influences on all aspects of economic activity and general life. The process of globalisation is extensively characterised by:

Globalization has been a controversial topic, does it have a negative impact or positive impact internationally. This essay will first discuss the effects of globalization on the international system. Secondly, the essay will examine realism and how this theory explains globalization. Lastly, this essay will discuss how realism is a tool that effectively explains the issue of globalization.

Throughout the global economy, many countries and nations continued to share their investment to promote their economic growth to modernize their industries, but some nations viewed the idea of globalization negatively due to employment disparity and cultural deterioration. The term, globalization has defined a process that businesses or other organizations developing international influence or start operating on an international scale. Many Eastern Asian countries like China, Japan, South Korea, Thailand, and Taiwan have been greatly impacted by globalization from the worldwide investment like technologies to increase their economic growth and the free trade impacted many Eastern Asian countries, but most Asian countries viewed also globalization negatively due to creating their own economic system, the shift of power in the economy, and the emergence of Western-dominated culture in Asian traditional culture.

Globalization is a very controversial issue that has attracted massive attention in the past few decades. Globalization has impacted people across the world in personal, social, political and economic fields. The effects of globalization are numerous. People across one country today eat from the same restaurants, wear the same clothes, speak the same language and drive the same car as people from the opposite side of the globe. Instant communication with people is easier today than ever. The consequences of this rapid globalization are subject to interpretation. People, in general, tend to be biased about the net results of globalization. World leaders, however, have taken tangible steps towards encouraging a peaceful globalization.

“Globalization is the process by which everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world.” Presently, the world is considered more globalized than it has ever been. The world today has embarked on strong world relations through trade, exchanging both knowledge and goods. According to the World Trade Organization there are ten benefits of trading systems; the first entails the idea that “people are usually reluctant to fight their customers.” This is the foundation our world is constructed on. Globalization’s effects in the world presently has allowed for a reduction in armed conflicts and warfare.

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.

Globalization is a movement that evolves over time. It heavily involves trade and business that builds relationships with border countries and overseas. Technology is a critical part of globalization as it involves connecting people in many ways. “The number of minutes spent on cross-border telephone calls, on a per-capita basis increased from 7.3 in 1991 to 28.8 in 2006” (IMF Staff, p. 271). The growth of technology has made it possible for people to connect almost instantaneously. Snapchat, Skype, and FaceTime allow people to have live conversations from far distances. Sharing information and ideas allows for innovations. Many opportunities can occur from globalization such as growth in Capita, better health care systems, advancement in technology.

First the term “globalization” must be defined. There are various definitions of it and they are many effects it has on the world. First off, globalization can be defined as a phenomenon of major changes in the conventional world, let it be industrially or environmentally. These changes include multiple variables such as the economic, cultural, political, and technical ones, in addition to major changes in regard to our own personal lives. It is driven by many factors such as economic and technology that is shaped by political climates and nationalized institutions that define rules and regulations. Globalization is an expansion beyond the nation’s borders and geographical features. Many aspects revolution the effectiveness of globalization including transportation, telecommunication, and industrialized advancements. Globalization is an extremely powerful tool that has the power to change the surface of the earth.

Economic globalization refers to the global process of organic economy formed by the world's economic activities beyond national boundaries and through foreign trade, capital flow, technology transfer, service delivery, interdependence, and interconnection. It is a cross-border transregional flow of production factors such as commodities, technologies, information, services, currencies, and people in other words, the world economy is increasingly becoming a tightly integrated whole. Economic globalization is one of the critical characteristics of the contemporary world economy and a significant trend in the world economic development.

It is without a doubt that the world today has become a “Global village”. Nobody wants to do or wear or even eat something that’s old news, all are out to get the “new” thing in the market. People in every corner of the world have access to similar services and products. Let it be fashion, entertainment of even food. Everybody is adopting similar habits. That’s the power of globalization. Globalization is the process by which the world is interconnected through technology and powerful infrastructure for the purpose of communicating and managing resources. Globalization seems to talk about several vibrant phenomena which ensure two major components. Firstly, they function across national boundaries and secondly, they result in higher incorporation or interdependence of human societies. It is therefore one aspect of development that affects the world in general, from every point of human view. However, this did not happen overnight. Many companies were a part of this process. Unilever being the biggest out of them all. It is one of the strongest and healthiest companies in the world with multiple successful brands. This further allows the company to expand into foreign markets in order to gain access to customers around the world. The strength of the company lies in its key four global brands Dove, Sunsilk, Rexona and Lux.

Globalization is the interaction between peoples, nation and governments of different countries. It is largely driven by trade agreements and investments helped by information technology. This process affects the environment, cultures, political systems and economic development.

Globalization is the process by which different societies, culture, and how regional economies integrate through a worldwide network of political beliefs through communication, marketing, and transportation. Predominately, globalization has made a worldwide impact on many nations in numerous ways such as; politically, economically, as well as socially. Globalization has shaped the independence of various nations, thus leading to worldly affairs based on a global level. Leading to trends in culture, security, and environmental change, which leads to different ideas exchanged from culture to culture. Whether it 's, currency, goods, natural borders, or rape laws. Globalization has come to change the world as know today.