The Impact Of Globalization

717 Words2 Pages
bulb-icon

Recommended: How globalization affects your life

According to Peter Kaufman, globalization is the process in which products, ideas and cultures are exchanged around the world. Globalization is found everywhere. Each individual might be from a certain part of the world, but the products in its house might not; for instance, an individual’s laptop might be made in China. Ultimately, the increase of globalization in the last few decades has had a powerful impact in the world, and will likely to continue in the future. One of the huge supporters towards globalization are the millennials. Millennials are the young adults that were raised during the era of globalization (Slavin, 2016). Some millennials are already taking part of this generation and others will take over the next generation. According …show more content…

Every country a person visits, they will come across the same company names, such as Nike, McDonalds, Burgerking and much more. Nowadays, a traveler would probably choose the same food choices it has back home (Kaufman, 2015). This is true because whenever I travel, I tend to visit the same shops or restaurants, as I have in my own country. If I am feeling hungry in a new country, I would probably stop at Burgerking to get myself a Whopper. Even when it comes to shopping in another country, I would defiantly go to Zara, as it is my favorite shop. In general, people would choose the same products as they would in their local area, since every part of the world has similar company chains. With people across the globe consuming the same food or choosing the same products, they are sharing a similar culture, which means globalization is found in many places. Globalization is extending more when countries share similar culture, and it will continue if people keep choosing same goods. Technology and globalization work hand in hand. Due to technology many people can do things with a tap of a button, which effects globalization. Today, many people have the opportunity to transport, and exchange goods fast and easily (Kaufman,

Show More
Related

  • Globalization, Poverty And Income Inequality

    997 Words  | 2 Pages

    Globalization is defined as the process of interaction and integration among the people, governments, and companies and among different nations. This process has effects on culture, environment, political system, trade system or economic system, human physical well-being, human’s development etc.

    Read More

  • The Effects of Globalization on US Society and Economy

    1360 Words  | 3 Pages

    The world we live in today is going through enormous changes in economics, technology, culture, politics, etc. The effects of the changes are not so clear, since it is hard to predict how each sector would affect the other and how society will be affected. However, analyzing past and present occurrences provides some information for experts to interpret society’s reaction in the future to different transformations. Globalization can be seen as a process in which societies around the world come together and expand through the combination of different forces. This paper will explore the effects of globalization on US companies, US society and economy, and the implications for other countries in the post-industrial world.

    Read More

  • Capitalism: Where Do We Come From?

    564 Words  | 2 Pages

    Globalization is the process of people of different cultures or countries integrating through interacting through trade or the use of social media. In “Point: Globalization Provides a Better Life for All” By Jennifer Graham, she provides a valid point of view of how globalization has benefited society. “Globalization enriches the human experience through increased cultural and economic integration, which promotes diversity by opening society to new technology, communication and ideas...Moreover, globalization helps to break down discrimination against people on the basis of religious beliefs or race” (Para, 11,13). Globalization has an impact on my lifestyle because I am currently surrounded by technology and different cultural food. With globalization I have access to different foods that i would normally never get to try, also technology has allowed me to gain knowledge about different culture I would normally not know, this results in me being more informed and benefited because of globalization bringing the different culture of the world so much closer

    Read More

  • Capitalism Where Do We Come From Analysis

    636 Words  | 2 Pages

    Globalization is the process of people of different cultures or countries integrating through interacting through trade or the use of social media. In “Point: Globalization Provides a Better Life for All” By Jennifer Graham, she provides a valid point of view of how globalization has benefited society. “Globalization enriches the human experience through increased cultural and economic integration, which promotes diversity by opening society to new technology, communication and ideas...Moreover, globalization helps to break down discrimination against people on the basis of religious beliefs or race” (Para, 11,13). Globalization has an impact on my lifestyle because I am currently surrounded by technology and different cultural food. With globalization I have access to different foods that I would normally never get to try, also technology has allowed me to gain knowledge about different culture I would normally not know. This results in me being more informed and benefited about the world as a whole because of globalization bringing the different culture of the world so much closer

    Read More

  • Globalization Essay

    649 Words  | 2 Pages

    There are several reasons why globalization is impacting our world in a positive way. For instance, it is allowing developing countries to succeed economically by opening them up to new jobs and opportunities and bringing more money into developing countries. These countries also have more access to recent and updated technology, and are able to take advantage of the benefits that technology presents. Those who are against globalization could argue that creating more jobs in developing countries is leading to larger unemp...

    Read More

  • What Does Globalization Mean To Me

    440 Words  | 1 Pages

    Without globalization, me may not have the products and services available to us to use. Especially mobile devices, that I am sure many if not all of us use every second of every day. These products and services generate an abundant amount of businesses due to the requirements of certain products and services. In all honesty, aforementioned, example being mobile devices. These mobile devices use parts from many different regions of the world in order to produce these products.

    Read More

  • Negative Effects of Globalization

    671 Words  | 2 Pages

    Globalization refers to the absence of barriers that every country had. Yes, it has helped to demolish the walls that separated us .Globalization, which is the process of growing interdependence among every country in this planet, can be seen as a sign of hopeful and better future by some, but for others it represents a huge disaster for the whole world. That’s why we are going to see the negative effect that globalization has on culture then focus on the ethical disadvantage it brought, to finally talk about the damage it did to skilled workers.

    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

  • The Impacts of Globalization on Developing Countries

    1374 Words  | 3 Pages

    Globalization, love it or hate it, but you can’t escape it. Globalization may be regarded as beneficial from an economic and business point of view, but however cannot be perceived the ditto when examined from the social sciences and humanities side of it. Globalization can be argued as a tool for economic growth, advancement and prosperity through co-operation between the developed and developing countries. The pro-globalization critics argue that the benefits that globalization brings to developing nations surpasses or outcasts the negative impacts caused by globalization and may even go a step further to state that it is the only source of hope for developing nations to prosper and stand out. However, the real question to be asked is as to what extent are the positives argued upon without taking into account the negative aspects of globalization towards developing countries. Moreover, how many developing countries out of many are exactly benefiting or even prospering from globalization is another question to consider. Therefore, my paper will dispute that indeed growth and advancement provided by globalization to developing countries is beneficial in short-term, but in the long-run, it will only bring upon negative impacts and challenges due to the obstacles involved such as exploitation of labour and resources, higher increase in poverty, and effects of multi-national corporations on local businesses and the economy, and to an extent the effects on the developing country itself.

    Read More

  • Globalization and Technology’s Impact on the World

    1667 Words  | 4 Pages

    Global technology can affect all areas of life including economic, medical, cultural, and political. The need to cite definition Technology in globalization is how new things spread and help to better develop our world and the way we live. Many discussions have taken place in recent years about the use of technology and globalization and its impact on the world has been both criticized and praised. Globalization and technology are good for the world because they have had a positive impact on communication, education, science, medicine, economics, politics and social circles across the globe. Technology allows people from all lifestyles and from all around the world to be able to communicate with one another within seconds, instead of having to wait up to a couple of months for a letter to travel around the world to the other person and back.

    Read More

  • The Importance of Globalization

    1568 Words  | 4 Pages

    Using 1997 financial crisis and other examples, discuss how globalization is important to the modern business journalism. Introduction

    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

    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

  • Economic Globalization

    952 Words  | 2 Pages

    Globalization has been a start of a new modernized era in history. The source states that as an individual you are given prosperity, stability, and also predictability, and also points out that it helps developing countries modernize and catch up with developed countries, and also reduce poverty since new businesses are formed allowing more employment in the country due to the subsidies that wealthier countries give to them. The person who wrote this source is a pro globalist, and has probably experienced the prosperity that was given to them because of the global trading system. His perspective on globalization suggests that globalization is the key to advancing technology, good relations between countries, and is beneficial event in history. One should embrace the global economy as it creates many roads to achieve your goals in your life, and also for the weaker countries that needs support, but to a degree that the government can intervene with the market.

    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 The Impact Of Globalization

Open Document