Essay On Globalization

1764 Words4 Pages
bulb-icon

Recommended: What are the advantages of globalization

SUMMARY

The word globalization refers to the nations of the world connected or linked together. This link allows nations to exchange products, education, ideas, technology, technical resources, cultures, and most importantly wealth. This process has both pros and cons for the interlinked countries. The history of globalization is a debatable topic ranging from a long history to a modern era.
This report also discusses the effect globalization has on the world.

INTRODUCTION

This report was requested by Sir Zain Valika and was written as a part of our course Technical and Business writing for submission on the last week of our second semester.
The resource available to me was the internet. The problem I faced was the shortage of time and the quantity of matter that I had to cover. I mainly used the information from websites by researching on the internet.
The structure of my report first includes the definition of globalization, some background history and then some aspects of globalization. This structure keeps the reading in flow as logically, first the reader must know what the topic is , how it came into being and its current state and then finally what were and are the results of the this phenomena.
The goal of this report is to explain what globalization is and what are its features and results

Globalization

“It has been said that arguing against globalization is like arguing against the laws of gravity.”
Kofi Annan
Ghanaian diplomat, seventh secretary-general of the United
Nations, 2001 Nobel Peace Prize.

Globalization is a term derived from the word globalizes which means a global level network. Globalization is the process of change by which individuals, groups, companies, nations an...

... middle of paper ...

...Internet is a collection of computers connected globally which allows people around the world to interact with each other exchanging information, ideas. The internet can be said to be both a factor for globalization and also a result of it. The internet allows the ability to order goods online internationally while sitting at home.
The flow of technologies from one country to the other has improved weaker country industries. Machines for industries are imported which help in large productions for locals and exports which in turn brings back country capital.

CONCLUSION

The topic covered in this report is globalization which is a phenomenon the world is currently in which many people do not realize. It has both positive and negative effects on the nations of the world. Globalization is currently rapidly increasing process at an age of technology we are in.

Show More
Related

  • Case Study Starbucks

    2715 Words  | 6 Pages

    As I would like to think, globalization is the expansion of exchange, plans, singular's financing, society, and engineering between nations. Globalization is a decently advanced term in light of the fact that exchange between nations has soar in the course of recent years because of planes, oil, and headways in innovation.

    Read More

  • How Globalization Saved Peru

    1730 Words  | 4 Pages

    Globalization is a series of social, economic, technological, cultural, and political changes that promote interdependence and growth. Globalization raises the standard of living in developing countries, spreads technological knowledge, and increases political liberation. Harris 5-23. The main cause of globalization is influence from other, more developed, countries. Globalization is a historical process that results from human innovation and technological progress.

    Read More

  • Globalization and SC Johnson

    1537 Words  | 4 Pages

    Globalization is the shift toward a more integrated and interdependent world economy (Hill, 2005). Globalization has several different areas including the

    Read More

  • Mary Pat Fisher Living Religions Analysis

    289 Words  | 1 Pages

    I would define globalization as the action of interacting and merging between different countries throughout the world. In Mary Pat Fisher`s Living Religions, Professor Manfred Steger defines globalization as “the expansion and intensification of social relations and consciousness across world-time and world-space” (Fisher 18). Globalization has its positive effects. It allows different countries to communicate and discover new cultures. However, globalization has had negative impacts, especially on indigenous societies.

    Read More

  • Globalization And Its Contents By Peter Marber

    770 Words  | 2 Pages

    However, as I was investigating these everyday items, I noticed that they were imported from China, South Korea and even the United States of America. This experience opened my eyes to two distinct things. The first was that every country relies on one another: if one country today made the decision to close their borders, it would not affect just that country but many others. The second is when industrialized countries trade with developing countries, it “provides the [developing country] with capital to improve. infrastructure” (Marber 68).

    Read More

  • Globalization And Poverty Essay

    516 Words  | 2 Pages

    Globalization has been defined as the speeding up and intensification of economic communication between people, companies and governments of different nations. It has helped raise the standard of living for some and driven deeper into poverty for many other citizenry creations wide. Globalization has possibly affected the humanity negatively in three main ways: poverty increase, culture and health effects.

    Read More

  • Nations Should Promote Globalization, Not Localization

    1779 Words  | 4 Pages

    In today’s continuously changing world, many experts say that globalization is what every business, organization, and nation should seek and welcome as a positive change. However, many people are unaware of the main focus and meaning of Globalization, especially in comparison to Localization. A large number of people believe that globalization is just another common word used to refer to changes and differences that cannot be explained or accounted for. Therefore, many different activities or changes are improperly labeled to be a part of or caused by globalization.

    Read More

  • Globalization: A New Form of Economic Imperialism

    2008 Words  | 5 Pages

    Globalization is a new concept that was introduced to the world after the fall of the communist regime. Globalization has to its identity social, economic, and political reforms, .however the globalization that we are about to discuss is the term that combines the past socio-economic and political reforms and cross with them to the world where their are no boundaries, restrictions, and immobilization what Mittelman describes as ? cross-border flows of capital, knowledge, and consumer goods ? (Mittelman 1). For the world to become a one or a single entity it has to pass through a process of economic, and technological integration. The consequence of this unification is the aim of this research, positive and negative, although the negative aspects will be the dominating part.

    Read More

  • Impact of Globalization on Indian Economy

    1556 Words  | 4 Pages

    Globalization is the new notion that has come to rule the world since the nineties of the last century with the end of the cold war. The frontlines of the state with increased reliance on the market economy and renewed belief in the private capital and assets, a process of structural alteration encouraged by the studies and influences of the World Bank and other International organisations have started in many of countries. Also Globalisation has brought in new avenues to developing countries. Greater access to developed country markets and technology transfer hold out promise improved productivity and higher living standard.

    Read More

  • Globalization Argumentative Essay

    975 Words  | 2 Pages

    Globalization on a broader scale, is an integration act, involving cultural, mental, political as well as economic aspects of a person, among countries. It is mostly limited to, economic integration, associated with movement of people, exchange of technology and information, trade as well as financial flows. . This is practice is clearly miles ahead, as demonstrated by the ever increasing capital flows in the world economy as well as the level of importance, the world economy has. As a result of globalization, tremendous pressure is on the nations to keep up with its demands and this has had a lot of consequences. Some pundits will tell you that these effects are only economic based,

    Read More

  • Argumentative Essay On Globalization

    891 Words  | 2 Pages

    Globalization’s history is extremely diversified and began during the beginning of civilization. Now we live in a world that is constantly evolving, demanding people to use resources in locations that are very difficult to obtain certain resources. This could make it completely impossible to operate in these specific parts of the world. However, globalization allows people across the world to acquire much needed resources. Globalization creates the opportunity for businesses to take advantage and exploit the ability to take part of their business to a different country. Nevertheless, globalization is part of today’s society and will be involved in virtually all situations.

    Read More

  • Globalization Essay

    1112 Words  | 3 Pages

    Globalization, the acceleration and strengthening of worldwide interactions among people, companies and governments, has taken a huge toll on the world, both culturally and economically. It’s generating a fast-paced, increasingly tied world and also praising individualism. It has been a massive subject of matter amongst scientists, politicians, government bureaucrats and the normal, average human population. Globalization promoted the independence of nations and people, relying on organizations such as the World Bank and also regional organizations such as the BRICs that encourage “a world free of poverty” (World Bank). Despite the fact that critics can argue that globalization is an overall positive trend, globalization has had a rather negative cultural and economic effect such as the gigantic wealth gaps and the widespread of American culture, “Americanization”; globalization had good intentions but bad results.

    Read More

  • Global Culture And Globalization

    1038 Words  | 3 Pages

    Globalization alludes to the inclination of worldwide exchange, speculations, data innovation and outsourced assembling to weave the economies of different nations together. In business and back, it essentially alludes to the monetary incorporation of worldwide markets, however the term is additionally used to depict socio-social combination among nations. By and large, globalization has had the impact of particularly expanding both worldwide exchange and social trade.

    Read More

  • Globalization Essay

    2027 Words  | 5 Pages

    Globalization is the connection of different parts of the world. Globalization results in the expansion of international, cultural, economic, and political activities. As people, ideas, knowledge, and goods move easily around the globe, the experiences of people around the world become more similar. (“Definition of Globalization“, n.d., ¶ 1)

    Read More

  • Impact of Globalization on People

    1497 Words  | 3 Pages

    Globalization is one of the main aspects in the 21st century. Globalization has brought the world closer; all the things that are happening nowadays are recognized globally even if they happened locally (Buckley). According to Nayef Al-Rodhan GCSP (Geneva Centre for Security Policy) globalization is not a single word or concept. It contains many other concepts within itself. Globalization is composed of different concepts like incorporation regarding the economics, transmitting information or understandings, stability within beliefs, and other concepts (Al-Rodhan p.3). This paper deals with the definition of Globalization, the advantages and disadvantages of globalization, and based on these information the views that to which extend the globalization is beneficial for majority of the world's population. The concept of globalization has changed the whole shape of the world. It has both its positive and negative impacts on people's life. However, by taking both the advantages and disadvantages into consideration we can find that to a large extend globalization is beneficial for majority of the world's population. With the help of globalization the works that were difficult in past is getting easier in today's environment. People are getting closer to each other, which is a product of globalization. Moreover, the knowledge and informations are being circulated in very good way which is a very good sign for having a good and prosperous life.

    Read More

More about Essay On Globalization

Open Document