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What is Globalization?
Globalization is the comprehensive term for the emergence of a global society in which economic, political, environmental, and cultural events in one part of the world quickly come to have significance for people in other parts of the world. Globalization tells us about the growing economic, political, technological, and cultural connections that connect individuals, communities, businesses, and governments around the world. Globalization also involves the growth of multinational corporations (businesses that have operations or investments in many countries) and transnational corporations (businesses that see themselves functioning in a global marketplace). The international institutions that oversee world trade and finance play an increasingly important role in this era of globalization.
Causes of globalization:
The three major components of international market integration: trade, multinational production, and international finance
Advances in communication, transportation, and information technologies
The main positive effect of globalization:
Globalization has opened up broader communication lines and brought more companies as well as different worldwide organizations into other countries. This provides opportunities for not only workingmen, but also women, who are becoming a larger part of the workforce. With new jobs for women, there are opportunities for higher pay, which raises self-confidence and brings about independence. Also the positive effects are a sharing of basic knowledge, technology, investments, resources, and ethical values.
The main negative effect of globalization:
The main negative effect of globalization is that it's not an equal process, and often the link is only one way, ex. resources going out of Iraq, India ect, with nothing of equal value going back in. Also the negative effects are the rapid spread of diseases, illicit drugs, crime, terrorism, and uncontrolled migration
By: Akshay Ramasubramanian
School: Singapore Piaget Academy Solo Raya
Date of Birth: 4/02/1995
Email Id: aksmicrogames@yahoo.co.in
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∙ 11y ago
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Threads of globalization?
treads of globalization
Is Hollywood an example of globalization or Americanization?
Globalization
Is the opposite of globalization is traditionalism?
True
What is something that is not a hazard of globalization?
Increased prices are not a hazard of globalization.
What are results of globalization for Colgate?
What are results of globalization for Colgate company?
Asses the importance of trade lives on globalisation?
Asses the importance of trade liberalization on globalization
What is the importance of trading and globaliztion?
The importance of trading and globalization is flows are the main elements of this integration. This is good for trading, financing and ideals.
What is importance of computer in global era?
Facilitates easy transactions in business use of computer has made the move towards globalization is through the use of internet
What are some globalization questions?
what is globalization? what are advantages and disadvantages of globalization? what is free trade
Threads of globalization?
treads of globalization
Who created globalization?
tncs created globalization
What is an antonym for globalization?
The antonym for globalization is localism.
Is Hollywood an example of globalization or Americanization?
Globalization
What is the importance of speaking well in the English Language?
as we are living in a world of globalization and as India is competing with other countries . we should be able to communicate with them as English is a commonly spoken language.
What is hyper-globalization?
The optimistic or pessimistic opinion on the effects of globalization.
What are prospects and challenges of globalization in Tanzania?
challenge of globalization
What is impact of globalization on pronunciation?
Globalization has led to increased interactions among speakers of different languages, resulting in the exchange of pronunciation norms. This has caused languages to influence each other, leading to changes in pronunciation patterns in various languages. Additionally, the spread of media and technology has made it easier for different pronunciations to be heard and adopted by speakers worldwide.
