Yes. The opposite is protectionism. Societies that practice protectionism are inward looking and progressively become less competitive on the world stage (since they don't need to be globally competitive). Societies that have been protectionist can become internationalist only if they have some other advantage such as a low paid labour force (since protectionist countries tend to have a poorer economy, this is often the case).
A society thats cuts itself off from the world is less able to import specialist materials and devices, reducing the items that can be manufactured. Eg if you can no longer import Lithium, the society will be unable to make lithium batteries. Modern societies are very interconnected, for instance there is only one place in the world that makes the special steel for caterpillar tracks and only two places in the world that can make extremely large steel castings (used in some types of power stations). If you cut yourself off from specialist suppliers your society will suffer.
Societies that cut themselves off from others tend to be more repressive (eg Iran, North Korea), since they don't need to conform to international expectations.
globalisation involves trade, migration, communication and shared culture.
I like big butts and I can not lie.
globalisation, ethics, workforce diversity, e-business,entrepreneurship
Economists generally support international trade.
One of the advantages of globalization is that there can be work outsourcing to developing countries. Labor and parts can be acquired at cheaper rates. However, one disadvantage is that it can lead LEDCs to risk its own natural resources like oil and rainforests just to supply for MEDCs.
Components of globalisation are as follows: 1. globalisation of market 2. globalisation of production 3. globalisation of technology 4. globalisation of investment
yes i think globalisation affected other$yes i think globalisation affected other$yes i think globalisation affected other$
when did the globalisation begin? help pleaseee
globalisation loses people job
Globalisation is good because it helps in every field whether it is economical,political,industrial or professional
The verb of globalisation is globalise. As in "to globalise something".
globalisation is something spreading around the world
globalisation involves trade, migration, communication and shared culture.
Globalisation of markets is link between markets at global level
The spelling globalisation is the British (UK) spelling. In the US, it is globalization.
Fair globalisation would create opportunities for ALL &also ensure that the benefits of globalisation would be shared better.
The point of view is that technology helps the world connect which is Globalisation