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Impact of Globalization on Society
Impact of Globalization on Society
Globalization is a process of
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The term globalisation has come to be used to refer to the process which enabling financial, trade and economic to operate internationally. Globalisation provides a broader outlook of an interconnected and interdependent world with free transfer of capital, products, and services around national frontiers. This approach linked to political systems, the environment, on culture, on economic development and prosperity in societies across the world (Dicken, 2011). Globalisation has been processed for hundreds of years since the industrial revolution, and has had a notable increase during the last half-century, particularly from the mid-1990s (Dicken, 2011). Globalisation brings large benefits for world economies and on residences lives. It leads to wealth and foreign currency to the countries when consuming resources, goods and services, also give job opportunities and skills for local employees, enlarges information technology in region countries (Morrison, 2011). It seems that globalisation is becoming an unstoppable force for economic in today. However, globalisation is not working for many of the poor countries, lead larger gap between rich countries and poor countries. The massive economies scale of global markets may cause local companies out of the business (Morrison, 2011). Therefore, under this phenomenal to end globalisation is neither feasible nor desirable. This paper intends to explore the idea that globalisation is an unstopped force, but it could be slowed down by some threshold, as well as improve the globalisation process into more sustainable development due to some limitation, such as the ecological limitations. Some common argument will be provided and discuss though the main paragraph about ecological limitation w...
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...US Company Apple makes and produces the products in developing countries. As it is digital products there is increased amount on eliminating of outmoded products. Currently, Apple starts a recycling project to keep the environment clean. Apple encourages customers to bring back the outmoded products by offer credit award or discount for customer next purchase. From past till now Apple have recycled more than 190 million kilos of electronic waste (Apple.com, 1998). This kind of improvement does not stop the company being globalisation. Business pay attention on their environmental responsibility to make industries use greener material also conserve the resources in order to put the company into more sustainable position in future development. To support green economic development into more and more countries clearly defined role in the protection of natural capital.
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