The Importance Of Globalization In The World
It has helped increase trade patterns, develop communications and transport across nations and some would go as far as to tell that it has helped inter-relationships between countries. But with economic change, social change has also occurred with societies transforming according to international standards, and in return individual lives being affected. There has been a trickle-down effect with economic and social change in the big picture and changes in individualistic lifestyles, habits and traditions.
There are several factors which have aided the rapid growth of globalisation. These factors have caused the process of globalisation to take place in the first place, but also to speed up.
1. Developments in technology and transport