Advantages of Globalization Introduction This essay discusses about the advantages that Globalization brings in, as it makes life easier for everyone. Globalization is a new order development of this world in many ways such that it makes the world smaller, improves business prospects, and enables people to explore different new cultures. The Globalization phenomenon has impacted everyone on at least three fronts, namely, the socio-economic impacts, political impacts, and cultural impacts where the language English plays a vital role. This essay discusses about the advantages that Globalization bring on these three fronts. Globalization Advantages on the Socio-Economic Front (Body 1) On the socio-economic front, the worldwide commercial market becomes flexible and transactions of the international companies transcend beyond countries’ geographical …show more content…
Globalization of the mass media has significantly reduced the global space, enabling the people to be informed about all recent international occurrences through different television channels (“Advantages of Globalization,” 2010). One of the positive impacts of Globalization is the smooth as well as swift transportation of people and commodities to different corners of the world, enabling people to learn and understand other cultures (“Advantages of Globalization,” 2010). In fact, Globalization comprises the dynamic movements of ethnic groups, technology, financial dealings, media images as well as ideological conflicts which are not decided by one harmonious ‘master Globalization and the Nation-State plan.’ Instead the speed, scope as well as impact of these flows are disconnected. That is, rather than the cultural homogenization, it is cultural diversity that Globalization has brought in (Velayutham,
INTRODUCTION Over history the world has undergone massive transformations and has become increasingly globalised. According to BBC, globalisation is the manner by which “the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange” (Bbc.co.uk, 2014.) Globalisation has been achieved through liberalised immigration policies, the influence of cooperations, ‘mass consumer culture’ and increased international trade.
For generations, the American public has been subject to the general news media. This subjectivity leaves audiences in thrall, in confusion, in humor, and, often, in anger. News outlets of all forms have a major influence on the general American populace. Daily news broadcasts help the public to stay in the know about major issues-both domestic and foreign. If someone wants to know the goings on in the Italian wine industry, or the German film industry, they might check the internet, but would never look for information in their hometown newspaper.
Cultural globalization is often understood as the spatial diffusion of global products. At a deeper level, cultural globalization may be seen as the contested process of internationalization of values, attitudes and beliefs. The spread of cultural practices and symbols makes the world more the same, but at the same time triggers resistance. Hence, cultural globalization while uniting the world is also seen to strengthen local cultures and is a major force behind the creation of identities. Such homogenization or differentiation can be noticed in the change of cultural practices and consumption patterns over time and space.
3. Globalization Throughout the last decades, globalization became a real phenomenon, but history tells us that it is actually not a new social, historical phenomena, but has, under different names and manifestations, been with us for a long time. It is actually not only the continuation of the liberalization of international trade, which began in the mid-19th century with the launch of cross-border trade over long distances and later with intensive large-scale mobility of labor and capital. During capitalism, globalization has amplified due to the lust for profit, which is driven by capitalists across the globe. Indeed, globalization has significantly strengthened ever since.
Globalization is the process of increased interconnectedness among countries most notably in the areas of economics, politics, and culture. McDonald 's in Japan, French films being played in Minneapolis, and the United Nations, are all representations of globalization. The topic of globalization has become a hotly contested debate over the past two decades. In today’s marketplace conducting business internationally is as much of a defensive play as an offensive play. In examining the upside of going global, consider the sheer size of international markets as contrasted with the size of the domestic market and you will likely find that the majority of your potential customers live abroad.
But some scholars also claim that “Globalization” is a new trend which technically emerged only in modern times or during the 20th century. However, the fact is that “Globalization” took place as a process of mobilization of human capital, travel, cultural exchange, free trade and modernization. Over the years the trend of globalization has seen some basic changes, which is the topic of this essay. This essay is about the difference between the trend of globalization in 20th century and 21st century. The trend of globalization in 20th century and 21st century differs in the following way:
Introduction Nowadays people can communicate easily. They can share their ideas, their cultures even with people who are not in their countries. They can trade, transporting products around the world in just a few days. This is a big economy where everything related to each other. This is globalization.
The term “Globalization” has been in existence for the past 50 years. It is one of the major causes of the increase in international trade. The Oxford Dictionary defined Globalization as “the process by which businesses or other organizations develop international influence or operate on an international scale”. It is a phenomenon that has been in the front burner for several years. Certain individuals opine that it serves as an advantage for the developing countries to compete in the global market while others were of the opinion that it favors the developed countries by making them richer (Giddens, A. 1999).
GLOBALIZATION, TECHNOLOGY AND LAW Globalization and Technology Globalization has completely transformed the way in which the world and its people interact. Earlier there were several roadblocks in the ability to communicate and interact with the people worldwide. But now, the world is becoming more and more globalized in all spheres: Business, financial, social, economical, etc. Over the years, a lot of technological advancements have come into picture including the changes in the field of Information Technology, having a significant impact on the global landscape.
Debate over the extent to which the mass media serves elite interests, alternatively plays a powerful role in shaping political outcomes has been resolute by dichotomous and one-sided claims. Many commentators attribute enormous power to news media, claiming they have the ability to ‘move and shake governments’. Such views have found clearest expression in the debate over the CNN effect concerning the apparent ability of news media coverage to drive western intervention during humanitarian crises. The phrase CNN effect encapsulated the idea that real time communicating technology could provoke major responses from domestic audiences and political elites to global events. Analysing the CNN effect in terms of ‘who controls the media’ is useful because it reflects the debate within foreign policy circles.
Nowadays, in the light of the development in technology, especially in transportation and media, trade and communication has increased rapidly among countries. This trend is called globalization. Generally speaking, globalization has its own advantages and disadvantages. The development in international trade and communication has created employment and opportunities for millions of people, but it has also made poor countries poorer. In my opinion, globalization has both positive and negative aspects.
Introduction Globalization is a fact of Economic Life – Carlos Salinas De Gortari. Globalization is not a new thought. This process of interaction and integration among the companies, people and government of different countries is happening from ages. Technology has been the major driver of globalization. Economic life has been transformed dramatically by the advances in information technology.
This paper will explore both the advantages and disadvantages that globalization has on the world. Globalization is good for economy. First, Enterprises can operate internationally, and production can be produced internationally. Similar to poor countries like Africa, although they are poor, they have a lot of cheap labor, other countries will make their goods
English as a global language We can’t deny that English has become an international language for communication between all mankind , it is the common language between most of the countries , English is a global language which is spoken as a native language and a second language in most of the countries , and we noticed that people who use English as a second language are way more than people who speak it as a native language , it is taught in every country in this world , it is using as a medium language of understanding between the teacher and the learner , you can see it in banks , supermarkets , in road signs and in international web pages, it is the language that you see and hear every day, so speaking English become a must , also we can’t ignore the fact that English is the language of global communication at medical , tourism , trade and other elements of language use , So English is so important in our various lives aspects. So in this essay I am going to discuss the reasons of how English become a global language and is it a good or bad thing? and what is the advantages and did advantages of spreading of English? There is a lot of reasons that helped to make English a global language and one of the most important reasons is policy , the west colonization for the countries had helped English to spread and distribute by imposing the language and the west culture on the colony countries , so we can say it is all because of the strength that the west had on the world
Increasingly, businesses, consumers, and governments realize that their lives are affected not only by what goes on in their own town, state, or country but also by what is happening around the world. Consumers can walk into their local shops today and buy goods and services from all over the world. Local businesses must compete with these foreign products. However, many of these same businesses also have new opportunities to expand their markets by selling to a multitude of consumers in other countries. The advance of telecommunications is also rapidly reducing the cost of providing services internationally, while the Internet will assuredly change the nature of many products and services as it expands markets even further.