Globalization Is Becoming A Single Interdependent System Essay

1535 Words Feb 15th, 2016 7 Pages
The meaning of globalization is the process in which the world’s economy is becoming a single interdependent system. Over that last serval decades the globalization market has increasingly grown at an alarming rapid rate. Large companies and business throughout the United States and other superpower counties throughout the world benefit from outsourcing capability or resource.
Human societies across the globe have established progressively closer contacts over many centuries, but recently the pace has dramatically increased. Jet airplanes, cheap telephone service, email, computers, huge oceangoing vessels, instant capital flows, all these have made the world more interdependent than ever. Multinational corporations manufacture products in many countries and sell to consumers around the world. Money, technology and raw materials move ever more swiftly across national borders. Along with products and finances, ideas and cultures circulate more freely. As a result, laws, economies, and social movements are forming at the international level. Many politicians, academics, and journalists treat these trends as both inevitable and welcomed. However for billions people around the world, business-driven globalization means uprooting old ways of life and threatening livelihoods and cultures. The global social justice movement, itself a product of globalization, proposes an alternative path, more responsive to public needs. Intense political disputes will continue over globalization…

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