Globalization has brought cross-border flows of goods and capital and stronger nationalism and so on. From material form ,globalization refers to the cross-border flow of goods and capital ,through the development stage of translation ,local internationalization and globalization. we can not predict the globalization of national income and loss. It is difficult to have benefits or damages in globalization .Great power ,weak countries ,big countries and small countries can all benefit or suffer. The traditional China was defeated by globalization, but it also emerged from globalization.
Globalization implies the opening of local and nationalistic perspectives to a broader outlook of an interconnected and interdependent world with free transfer of capital, goods, and services across national frontiers." The Globalization mostly rivaled itself after the two World
However, nowadays, globalization due to the Industrial Revolution and the advances in transport and technologies has reached an unprecedented scope. Globalization can be explained in mainly 3 different areas: in politic, social and economic terms. In politic terms, globalization can refer to the shift of political activities from a single-nation level to a global level and it has been created international organization such as the United Nations. It has also tried to spread democracies all over the world. Social globalization describes an exchange of values, ideas and it has facilitated the promotion of equality, dignity and human rights.
The effects of globalization in a global community Ferbryan Cliff Pelleng (016201400060) Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, education and on human physical well-being in societies and communities around the world Community itself is a group of people who share not just living space but also ideas, belief, goods, and solutions to a common global issue. But in a wider perspective, a global community consist of the people or nations of the world, considered as being closely connected by modern telecommunications and as being economically, socially, and politically interdependent. How a Globalization creates a community of a global citizens? And what’s is the effects of Globalization on our local community?
What is globalization and culture? What effect or impact has globalization had on culture? Globalization is the inclination of speculation assets and organizations to move past local and national markets to different markets the world over, subsequently expanding the interconnection of the world. Globalization has had the impact of particularly expanding worldwide exchange and social trade. Also, because of globalization international business grown, improved and removed a lot of obstacles when interacting with international markets.
Nowadays, most people are affected by globalization. Every single day we are using globalization in the term of connection that makes us more comfortable and closely connected. Some people might not know what globalization means. Globalization is a modern concept referring to the improvement of certain elements to make possible interconnected among countries most significantly in the areas of global economic, technology, free trade markets and multinational operation. And no matter where we are at, we were able to get the news of information quickly and widely because of the development of information technology (IT).
Globalization has been often described as the growing interconnectedness of ideas, economies, cultures and people from all around the world. As nations around the world continue to modernize and adopt new technologies, they are undeniably becoming more and more intertwined with one another. The outcomes created through this process have subsequently spurred controversial debates on both sides of the spectrum. While many individuals perceive globalization as beneficial process, others have argued that this process should be approached with great caution. A plethora of arguments and evidence have been brought about through this discourse supporting both advocates and opponents of globalization.
Globalization refers to the widening set of interdependent relationships among people from different parts of a world that happens to be divided into nations. The term sometimes refers to the elimination of barriers to international movements of goods, services, capital, technology, and people that influence the integration of world economies (John D.Daniels, 2015). Although integrating a global economy is nothing new, but the modern implications in global business are stranger and bigger than ever before (Gemma, 2014). Thus, globalization can brings up some beneficial for the world in every aspects. However, globalization also brings up some negative effect on the business around the world.
Globalization is a process of linking the world through many aspects, from the economic to the culture, the political. in different nations. This process uses to describe the changes in society and in the world economy, by creating a linkage and increasing exchange between individuals, organizations or nations in cultural perspective, economics on global scale (Globalization 101, n.d.). A process of creating many opportunities but also causes many challenges for all the nations in the world, particularly for developing countries. There are so many advantages that globalization brings to developing countries like free trade, technology transfer and reducing unemployment.