The Impact Of Globalization On The World Economy Essay

2298 Words Dec 5th, 2014 10 Pages
In this year’s thanksgiving weekend, my family decided to buy a car for my brother since he accepted a job offer in northern Virginia and he needs a car to go there every day. When we started looking for a car, we saw lots of different cars of different brands or different countries cars. Finally, we chose Honda Civic 2015 EX because of its features and great quality of engine and transmission which was manufactured in Japan. I had more choices to choose from and it’s possible because of Globalization. Also, Imagine when you go for eating you see no sushi, Chinese, pasta or any Mexican food, only American; how would you feel? Well I would feel terrible and very disappointed. All the products and services we get from different countries is possible because of Globalization even though globalization affects the world’s economies, immigrations, technology and education in a very positive way, its negative side on other factors such as war, languages, environment and freedom of individual countries should not be forgotten. It is a historical process that results from human revolution and technological progress. There are various ways to define Globalization and the effects it has on the world. Some authors say it is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. It’s also defined as a series of social, economical,…

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