Globalisation – Weighing benefits and disadvantages
Globalization is a dynamic process by which different societies, cultures and economies become interdependent and integrated. Globalization is not new, although it is hard to specify exactly when it started. Some argue that it began in the third millennium BC with the rise of trade links between Sumer and Indus Valley Civilization, while some believe that it has started as a consequence of the 15th century explorations made by mariners. In any case, one thing is for sure: it exists and has sped up since its beginning. The factors that determine its rapidity are: Technological advancements that created a fast, safe and cheap way to travel and ship goods all around the globe with the use of airplanes, trucks, cargo ships etc.; The mass production of budget devices that make communication easier and the invention of the Internet; The decreased tariffs and the numerous regulations on international trade; The increasing power of multinational corporations on a global scale.
The objective of this process is to secure a stable economic status, social integration and constant development for people of all countries, rich or poor.
Globalisation offers companies the possibility to sell their products in other countries than their …show more content…
The metaphor “global village” that is used so often describes just that. Unfortunately, in a similar way in which means of telecommunications bring people apart, it also tears people apart. The Internet occupies a lot of spare time and it is not unusual to put the favourite TV series or the match of a preferred soccer team above the people close to you. It also happens during face-to-face meetings, thanks to the mobile devices carried around like mobile phones and tablets. Globalisation wishes to be the death of distance, but more certainly than not, it does not always manage to do
Globalization is a dynamic process by which different societies, cultures and economies become interdependent and integrated. Globalization is not new, although it is hard to specify exactly when it started. Some argue that it began in the third millennium BC with the rise of trade links between Sumer and Indus Valley Civilization, while some believe that it has started as a consequence of the 15th century explorations made by mariners. In any case, one thing is for sure: it exists and has sped up since its beginning. The factors that determine its rapidity are: Technological advancements that created a fast, safe and cheap way to travel and ship goods all around the globe with the use of airplanes, trucks, cargo ships etc.; The mass production of budget devices that make communication easier and the invention of the Internet; The decreased tariffs and the numerous regulations on international trade; The increasing power of multinational corporations on a global scale.
The objective of this process is to secure a stable economic status, social integration and constant development for people of all countries, rich or poor.
Globalisation offers companies the possibility to sell their products in other countries than their …show more content…
The metaphor “global village” that is used so often describes just that. Unfortunately, in a similar way in which means of telecommunications bring people apart, it also tears people apart. The Internet occupies a lot of spare time and it is not unusual to put the favourite TV series or the match of a preferred soccer team above the people close to you. It also happens during face-to-face meetings, thanks to the mobile devices carried around like mobile phones and tablets. Globalisation wishes to be the death of distance, but more certainly than not, it does not always manage to do