What is Globalisation? The word globalisation can be defined as having

Globalisation is the process by which the world is becoming progressively interconnected as a result of significantly increased trade and cultural exchange. It has also increased the production of goods and services. The biggest companies (such as McDonald’s, Starbuck’s, Costa

Over the course of history, domestic politics have been shaped by international forces. Forces like war and trade; empire and colonies; migration and the spread of ideas. Globalization and Neoliberalism plays an important role in impacting politics in all states. “Globalization is a system in which human beings are no longer part of isolated communities that are linked through narrow channels of diplomatic relations of trade”(O’Neil,2017, pg.346). Globalization creates a division between international relations and domestic politics. When globalization makes a distinction, then the aspects of domestic politics are controlled by global forces. Globalization changes the  institutions of economics, politics, and society. The institutions are measure by space and time of social norms, culture, boundaries. The boundaries create a local identity and control (particularly-“state, religion, or set of cultural values holds sway over the land and here but not there.”)(O’Neil, 2015, pg.348).  Furthermore, political isolation becomes impossible to happen.

‘The term global city alludes to power, sophistication, leadership, wealth, influence and global interconnectedness. To be called a global city means that activities and ideas stemming from the city have the ability to shape the world.’ (Sydney - Australia's Global City, 2010)

Globalisation is a complex and multifaceted set of processes having diverse and widespread impacts on human societies worldwide. Despite widespread interest in its emergence and impact there is only a limited consensus in the literature on what precisely globalisation actually is (Saker et al. 2004). Reviews of existing literature has identified some of the key defining features of globalisation. Globalisation can be defined as a set of processes that are: “changing the nature of human interaction across a wide range of spheres including the economic, political, social and technological environment. The process of change

Globalisation is the worldwide movement toward economic, financial, trade, and communications integration (Business dictionary) the word had hardly been used up until the 1970s. But with new technology and increased trade, the word globalisation is now considered a very important concept throughout the world, Particularly in China. Where over the last forty years it has gone from an important opponent of globalisation, a supporter of global disorder (WILLIAM H. OVERHOLT (2005) and an opponent of free trade. To one of its biggest supporters with it now already being the worlds third largest trading nation in the last forty years with Trade in goods over 60% of its GDP (Razeem, S. (2007). In many peoples view this spread of

The phenomenon globalisation can be thought of as an integration of economies, industries, markets and cultures. Globalisation is the connectedness of our world. Advanced and modern communications have made it possible for national and regional economies to combine with one another and trade freely. Globalisation is particularly common amongst capital markets and commodity markets. This phenomenon can be known as a great deal of things as globalisation can be seen as more than just “a way of doing business” but can viewed as a process, a process that allows our world to communicate and trade products.

Globalization has an important influence on people’s lives, and it is impossible to ignore that. But, what is it? “Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange” (BBC, n.d.. para. 2). In this scenario, it is possible to verify the fundamental participation of Internet, which is one of the greatest influencers in the connected world. Although the Internet is used for many different purposes, because of it people can keep contact with others, commerce has improved sales and nations can protect all the country.

Wikipedia defined globalization (or globalisation) is the process of international integration arising from the interchange of world views, products, ideas and mutual sharing, and other aspects of culture. It shows that as the world are being allocate under the same unit as there is no differences among the country without being restricted by the borders and geographical position of a country. As being in this process, the sky is wide open to be penetrated by a variety of information through intermediate communications media such as internet. Hereby, this greater achievement enables the relationship between a country and others can be gain by a short time.

Globalisation can be defined as “the worldwide movement toward economic, financial, trade and communications integration”. (Business Dictionary. (2017). The definition then goes onto discuss the interconnectedness and interdependent of a society that allows a free transaction of capital and goods and services through the opening of boarders and uninterrupted movement of labour. (Business Dictionary. (2017). Globalisation can be seen in all aspects of a modern society and in the day to day life of individuals, for example, with the advancement of technology we have seen an increase of global communication with the use of the internet to allow people to connect and understand different backgrounds and culture. This essay will primarily focus on the way in which globalisation can affect and make an impact on the economies of small community’s and what the effects it has on the economy on a global scale.

Globalisation is a process by which national economies become more integrated and interdependent with one another. It is the increasing expansion of money, culture and ideas. It is the interaction and integration among the people, companies and governments of different nations. It is shaping the world around us in ways and at a rate that was unimaginable just two decades ago. Advances in transport such as the steamship, jet engine, and container ships and in communication infrastructure including the Internet and mobile phones have been major factors in globalisation, generating further interdependence of economic and cultural activities. Globalisation is in our everyday lives. The clothes we wear and food we eat have all been transported within days or weeks to our homes our towns. Also, most products have been advertised using our modern technology such as the internet and modern printing presses.

If the firm is operating facilities in multiple countries or it is controlling real assets in multiple countries then the firm is called MNC. Multinational corporations can be measured by foreign ratios, foreign sales, and foreign employee ratios by how many countries in which the firm has operations.

The technological development that characterizes the past two decades has triggered a communicational enhancement around the globe. Interconnectedness between people is greater everyday; goods, services, money, and information are exchanged between the furthermost parts of the world. International travel and communication now represent ordinary aspects of life. This phenomenon is called globalization.

Globalisation is the international trade of ideas and customs throughout developing and developed countries. Globalisation can impact these countries positively or negatively depending on the interaction whether it be economically, politically, culturally or historically. The involvement of a developed country on another developing country can largely impact both countries by means of how they adapt to the new ideas that were introduced. Globalization can affect anyone and everyone in the world whether or not they are located in a developing or developed country. Globalisation can also connect countries via these spread ideas. An example of a positive impact caused by globalisation is the introducing of new defence and attack methods due to wars such as using ‘ghost guns’ to safely vacate a battle area. An example of a negative impact caused by globalization is how the immigration of people into a new unfounded country can further increase carbon dioxide emissions throughout the globe.

Globalisation is where national barriers (things that block or stop other things) are removed and international trade and communication are increased. As globalisation affects countries and people all over the world, money-based and cultural factors play a big role. And its effect on movement across nations of:

Broadly speaking, the term ‘globalization’ means integration of economies and societies through cross country flows of information, ideas, technologies, goods, services, capital, finance and people. Cross border integration can have several dimensions – cultural, social, political and economic. In fact, some people fear cultural and social integration even more than economic integration. The fear of “cultural hegemony” haunts many. Limiting ourselves to economic integration, one can see this happen through the three channels of (a) trade in goods and services, (b) movement of capital and (c) flow of finance. Besides, there is also the channel through movement of people.