The Spread Of Ideas

Globalization is the spread and growth of businesses or organizations ideas for an international influence. Globalization is beneficial because it allows countries all over to financially benefit through trade and influences from other countries. It also gives people the opportunity to connect with any individual across the globe. The spread of ideas, connecting individuals, and economic efficiency and trade are just a few of the particular reasons globalization is an important benefit to the world. The spread of ideas is when concepts from a particular country or culture are spread around the world and adopted by other countries. These concepts can spread through almost anything, but the most common ones include stories, movies, …show more content…
When it comes to economic efficiency and trade it all comes down to a country’s comparative advantage. The comparative advantage is basically when a country is very excelled in a certain area or production of certain objects or materials and other countries can trade with this one country and that one country’s comparative advantage will increase. Comparative advantage can easily be put into play when there are no or few trade barriers. The reduction of trade barriers allows countries to excel in specific industries and maximize the efficiency of their economies. Although the specialization of economies can create instabilities, imbalances in labor, and national self sufficiency, it is said that countries can benefit from comparative advantage, regardless of their development status, they can gain from a division of labor because of trade. This connects to globalization because without trade barriers it connects countries on a global scale. Countries can produce what they create best and gain from trading it with other countries. And vice versa, they can trade with a country that is able to mass produce a particular item that country can not produce as effectively and