Globalization

globalization is an extremely controversial issue. It has been the center of much debate and has embossed many questions. Some have viewed it as beneficial, while separates contend that it produces adverse results and consequences. However, it is necessary to determine or rather unsex globalization and all which is involved.

Globalization is defined as the integration, interaction and interdependence of people and organizations all around the globe. Although a slightly new term, dating back to the 1980s, globalization has been a historic process evident for over the last 100 years. Globalization specifically encompasses several aspects such as trade, capital movement, lot of knowledge, movement of people. Through use of trade and financial flow, globalization can be easily summed up as the integration of economy worldwide. Additionally, it includes international movement of technological knowledge and labor. In collaboration, there is a greater sense and existence of nuance and politics.

In the broader scope, globalization promotes effectiveness by utilizing each foodstuff and nations specialization, allowing people and economies to focus on what they do best. Globalization gives opportunity to each nation to access each others markets as tumefy as to capital flow, technology, imports, exports, politics, and culture. However, as some countries continually pull out the benefits and flourish, others are falling short.

Friedman defines ten flatteners that he sees as aim the global playing field:?#1: Collapse of Berlin Wall--11/89: The matter not only symbolized the end of the Cold war, it allowed people from the other side of the wall to join the economic mainstream.

#2: Netscape: 08/95 Netscape and the Web broadened the audience for the Internet from its roots as a communications medium used primarily by early adopters and geeks to something that make the Internet accessible to everyone from five-year-olds to eighty-five-year olds..

#3: Workflow software: The power of...

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