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.
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 “The act or process of globalizing, the state of being globalized, especially the development an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of free foreign markets.” This is the definition of globalization that comes up on Merriam-Webster dictionary. When this definition is read, globalization seems like a pretty good thing. There are many reasons why globalization is a very good thing. Globalization not only benefits the economy, but society, and surprisingly the environment. The thing that benefits the most from globalization is the economy.
This process makes the competition for the domestic manufactures, industries and encourage high rate of efficiency. The China’s government supplied some more ways in which to develop its domestic and foreign investment. Conclusion: In point of fact, globalization provides the world opportunities for developing countries to keeping up with the altering world out of their origin homeland. As well as that globalization helps developing countries to cope with rest of the world enlarge their economic development, find a solution for poverty problems in their country. However, it has made the connection between developing countries and developed countries stronger, it made each country rely on another country.
INTRODUCTION The term globalization is used to describe the changes in the world order where different aspects of a nation are viewed as part of a global community. It is broadly used to refer to increased interdependence and integration of international social relations and economic activity. Although the term tends to have economic connotations, it also involves an increase in technology usage, exchange of knowledge and ideas as well as research and development. It is the increasing interaction of people, states, or countries through the growth of the international flow of money, ideas, and culture. Globalization is primarily an economic process of integration that has social and cultural aspects.
Globalization is one of the most talked about subject and concept in recent times. It has become an inescapable reality of today’s society. Over the past few years it has grown significantly while showing that no country is immune to it. It has further affected nations in three major aspects; socially, economically and politically. The term refers to a global process by which different societies, cultures and regional economies integrate through a worldwide network of political ideas through transformation, communication and trade.
Understanding Globalization Globalization is the phenomenon that has impacted throughout the world in different countries, linking and integrating the various economies, growing to major brands in different countries. It is important to point out that at the end of the Second World War, the world was undergoing
“Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale.” (Reyes-Ruiz, 2010). Up until the late 1980’s, globalization was at an all time low, a minimum. Although it can be argued that this phenomenon has had its positive effects on economies, and perhaps helped less fortunate countries catch up with leading countries, the dangers that globalization poses from others aspects should not be ignored. The local culture in the U.A.E. is suffering from the effects of globalization, distancing nationals from their heritage, decreasing the use of their mother tongue, leaving behind their traditions and forgetting their ethnic beliefs.
Globalization took a large step after the war world 1and2 which occur several of changes in the following aspects: new territories, different allies grow, accessible transportation, raised the global economics and more trade of goods at a low price were transfer. What is Globalization? Globalization is a complicated topic, but you can see clearly its influence. Globalization is:" The worldwide movement toward economic, financial, trade, and communications integration. 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."
Also, because of globalization international business grown, improved and removed a lot of obstacles when interacting with international markets. Then again, globalization can likewise be a significantly enhancing process, opening personalities to new thoughts and encounters, and fortifying the finest all-inclusive estimations of mankind. For the culture factor is like a code we as a human being live with. It also includes the arrangement of convictions, good values, conventions, dialect, and laws (or standards of conduct) held in like manner by a