By Agbomenu Johnson Segun
I. D. Number:
1403024029
ABSRACT:
Globalization is the interchanged of ideas and symbolized by the internet: These involve the clash of cultures and the extension of materialistic values, the internet allows everyone access and wander into the Hollywood Library and no one to stop, control or direct. This has enormous influence people act heedlessly and the values of entertainment industry reflects often advance materialism, violence and immorality. Therefore, this paper examines the impact of globalization and as well as the various aspect of Republic of Nigeria Economıcs; effort is made on ways Republic of Nigeria Culture can be protected from extinction as a result of forces of globalization, which is presently …show more content…
New markets and source of wealth polished by industrial revolution lead to the establishment of international commodity markets and industrial trade. The extended economic separateness after the First World War and the Great Depression in the 1930s and end of Second World War along with expansion of capitalism was tempered by establishment of socialism as an alternative form of capital accumulation and partitioning. After the Second World War, the world has become more connected through innovations and advancement in sciences, travel, transportation and communication along with information and …show more content…
A skeptic argues that the globalization is a fictitious story; skeptics also a universal phenomenon and the concept itself loose validity and are not specific.
The third thought i.e. transformation lists argues that globalization has structural consequences and is a driving force in society which weaknesses political, social and economic change where we have a contractual change and social global shift with respect to how power and authority is organized.
IMPACTS OF GLOBALIZATION:
The proposal of globalization claim to lead confluence of income, way to knowledge and consumption power, Integration of economies would lead to increase in economic evolution and commodities and argue that more people would be able to enjoy the fruits of modernization and civilization. Detractors of globalization claim hegemonic, aggressive to the poor, vulnerable and is weakening local and national economic communities and the surroundings, on the grounds globalization has both positive and negative
I. D. Number:
1403024029
ABSRACT:
Globalization is the interchanged of ideas and symbolized by the internet: These involve the clash of cultures and the extension of materialistic values, the internet allows everyone access and wander into the Hollywood Library and no one to stop, control or direct. This has enormous influence people act heedlessly and the values of entertainment industry reflects often advance materialism, violence and immorality. Therefore, this paper examines the impact of globalization and as well as the various aspect of Republic of Nigeria Economıcs; effort is made on ways Republic of Nigeria Culture can be protected from extinction as a result of forces of globalization, which is presently …show more content…
New markets and source of wealth polished by industrial revolution lead to the establishment of international commodity markets and industrial trade. The extended economic separateness after the First World War and the Great Depression in the 1930s and end of Second World War along with expansion of capitalism was tempered by establishment of socialism as an alternative form of capital accumulation and partitioning. After the Second World War, the world has become more connected through innovations and advancement in sciences, travel, transportation and communication along with information and …show more content…
A skeptic argues that the globalization is a fictitious story; skeptics also a universal phenomenon and the concept itself loose validity and are not specific.
The third thought i.e. transformation lists argues that globalization has structural consequences and is a driving force in society which weaknesses political, social and economic change where we have a contractual change and social global shift with respect to how power and authority is organized.
IMPACTS OF GLOBALIZATION:
The proposal of globalization claim to lead confluence of income, way to knowledge and consumption power, Integration of economies would lead to increase in economic evolution and commodities and argue that more people would be able to enjoy the fruits of modernization and civilization. Detractors of globalization claim hegemonic, aggressive to the poor, vulnerable and is weakening local and national economic communities and the surroundings, on the grounds globalization has both positive and negative