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Globalization And Its Implications Of Globalization

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GLOBALIZATION AND ITS IMPLICATIONS To the answer the question is globalization inevitable? Let me define it first what globalization really means,” Globalization is a process or set of processes which embodies a transformation in the spatial organization of social relations and transactions-assessed in terms of their extensity, intensity, velocity, and impact-generating transcontinental or interregional flows and networks of activity, interaction, and the exercise of power” ( Held and Mc Grew ) according to that definition of globalization we can already have an idea of what globalization really means and with that we can already answer the question is globalization inevitable?, well for me yes, globalization is inevitable in a way that the widespread of worldwide interconnectedness of different countries all over the world is a manifestations that globalization is inevitable, though we are distant from other countries but we are connected with them in many ways like in economics, cultural, and political aspects. In economic globalization it refers to the process whereby all national economies have, to a greater or lesser extent, been absorbed into an interlocking global economy. It is a shift from a world of distant national economies to a global economy in which production is internalized and financial flows freely and instantly between countries. In cultural globalization it is the process whereby information, commodities and

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