What Do You Understand By Globalization - 1218 Words

What do you understand by ‘globalisation’? Discuss who- if anybody is benefiting from different aspects. It is difficult to find a more widely discussable thread than globalisation. The term Globalisation could be defined as the social process, as well as the social condition, which is very multipart and complicated, and includes aspects of the economic, political, cultural and human movement. Furthermore, it could be defined as the free movement and exchange of global capital, and the natural process of interweaving different cultures where barriers between countries disappear. Although, globalisation does not only cover all social aspects, but also directly affects the lives of each individual. All aspects are tight together in close relationship between each other. Moreover, the issue of globalisation in past decades has become significant in terms of the rich and poor. Some societies acknowledge great opportunity to increase their own welfare and economy, while other s struggle with poverty. However, to find an explanation for the issue, it is necessary to look on globalisation from different perspectives. Evidence of globalisation is possible to find a long time before the industrial revolution, when all ancient empires â€Å"fostered the multiplication and extension of long-distance communication and the exchange of culture, technology, commodities and diseases† (Steger, 2003:24). However, since the industrial revolution globalisation has been affected by two world wars andShow MoreRelatedWhat Do You Understand by the Term Globalization3109 Words   |  13 PagesTitle : What do you understand by the term globalization? Why has interest in globalization intensified in recent years? Introduction If searching on Google website and type the word Globalization, just 0.22 second you will receive a substantial number of nearly 24 million results. This shows that globalization is a word being most mentioned in our world today. Globalization has been defined with numerous and widely differing meanings dating back to 1870 as economic integration throughRead MoreGlobalization: The Big Friendly Giant Essay1458 Words   |  6 PagesIt does not matter who you are, or what you do for living; it does not matter where you live, or where you come from; either way, you have come into contact with globalization. We are all active members of this web, and we are the fuel it needs to work to perfection. This web needs employers and employees, it needs people in need and people willing to help, and it needs members of different cultures and societies. It needs you. Whether it was by flying on an airplane, traveling to a foreign countryRead MoreGlobalization as a Process1744 Words   |  7 PagesIt does not matter who you are, or what you do for living; it does not matter where you live, or where you come from; either way, you have come into contact with globalization. We are all active members of this web, and we are the fuel it needs to work to perfection. This web needs employers and employees, it needs people in need and people willing to help, and it needs members of different cultures and societies. It needs you. Whether it was by flying on an airplane, traveling to a foreign countryRead MoreThe Media Of Free Trade1493 Words   |  6 Pagesand more access to the rest of the world each and every day. On online social networks like â€Å"Facebook,† you can see pictures your friends that you meet in Italy while studying abroad post in real time despite the geographic time difference. 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Finally I’ll come to the conclusion that globalization is an inevitable and developing phenomenon which requires citizens ofRead MoreCultural Globalization: Fear of the Unknown950 Words   |  4 PagesCultural Globalization: Fear of the Unknown Cultural globalization is a term often used to describe the influence of one national culture on another. This is perhaps more prevalent in the United States than anywhere else in the world. Although America is often viewed as the villain with regard to globalization, it is clear by the diversity of cultural groups in America, that this nation is also the recipient of global culture. With such a diverse cultural population it’s foreseeable to thinkRead MoreBook Report on Anthropology of Globalization by Lewellen1571 Words   |  7 PagesChapters 1-2 o Contemporary globalization is an on-going process of not just economic flows, but also cultural flows—the increasing flow of trade, finance, culture, ideas, and people brought about by the technology of communication and travel and by the worldwide spread of neoliberal capitalism†¦ (7). o Globalization is a reality, as well as regionalization and localization. Neoliberal capitalism has a global dominance; regionalism, localization, and globalization form a single, unified systemRead MoreDisadvantages Of Globalization794 Words   |  4 Pagescountries? Not everything, but most of it. Don’t we have enough resources? Yes, we do. Don’t we have enough labor? Yes, we do. So why are we using foreign labor for manufacturing products that will be sold in USA. Globalization is the way recourses, businesses are expanding globally. Globalization started to become real popular after World War 2, when small and large businesses started to grow and expand. Globalization, the word in the modern economy that can explain why companies expand globally andRead MoreManagement and Company1613 Words   |  7 PagesINTERNAL/EXTERNAL FACTORS Internal/External Factors Team B MGT 330 September 20, 2010 Joe Cheng Internal/External Factors Companies are being challenged every day with factors that affect their primary management functions. Globalization, technology, innovation, diversity, and ethics are just some of the factors companies are facing that can affect functions of management. Managers are trained to identify these factors and analyze how they will affect the functions of their managementRead MoreParadoxes Of Culture And Globalization1185 Words   |  5 PagesParadoxes of Culture and Globalization What is a culture and why are there so many definitions of a culture? Does it matter? Is it rapidly changing? An how does globalization impact a culture? During my research I have found many definitions of a culture, but the most admired one that was mentioned by Martin Gannon in his book of Paradoxes of Culture and Globalization. He indicates that a culture is defined by two famous anthropologists, Alfred Kroeber and Clyde Kluckhohn, who have studied more