Friday, May 17, 2019

Globalization Process Essay

Globalization is the go of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.12 Globalization describes the interplay across cultures of macro-social forces. These forces include religion, politics, and economics. Your shirt was do in Mexico and your shoes in China. Your CD player comes from Japan. You can travel to Moscow and eat a Big Mac there and you can watch an American film in Rome. Today goods atomic number 18 made and sold all over the world, thanks to globalization. Globalization lets countries touch on closer to each other. People, companies and organizations in different countries can live and work together.We can exchange goods , money and ideas faster and cheaper than ever before. recent communication and technology, like the Internet, cell phones or satellite TV help us in our day-to-day lives. Globalization is growing quickly. A German company can produce cars in Argentina and thence sell them in the United States. A businessman in Great Britain can buy a part of a company in Indonesia on one day and sell parts of some other business in China the next, thanks to globalization. Fast food companies open shops around the world nearly every day.Advantages* Globalization lets countries do what they can do best. If, for example, you buy cheap steel from another realm you dont have to make your own steel. You can focus on computers or other things. * Globalization gives you a larger market. You can sell more goods and make more money. You cancreate more jobs. * Consumers in like manner profit from globalization. Products become cheaper and you can get new goods more quickly.Disadvantages* Globalization causes unemployment in industrialized countries because firms move their factories to places where they can get cheaper workers. * Globalization may lead to more environmental problems. A company may want to build factories in other countries because environmental laws are no t as strict as they are at home. Poor countries in the Third World may have to cut pop up more trees so that they can sell wood to richer countries. * Globalization can lead to financial problems. In the 1970s and 80s countries like Mexico, Thailand, Indonesia or Brazil got a lot of money from investors who hoped they could build up new businesses there. These new companies often didnt work, so they had to close down and investors pulled out their money. * Some of the poorest countries in the world, peculiarly in Africa, may get even poorer. Their population is not as educated as in developed countries and they dont have the new technology that we do. * Human, animal and plant diseases can rotate more quickly through globalization.

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