Globalisation represents a complex interconnected system of global trade, cultural exchange, and economic interdependence. This comprehensive analysis explores the evolution, advantages, and challenges of modern globalisation, examining its impact on society, economy, and human rights.
• Historical development spans from early exploration (pre-1500) through colonisation (1500-1900) to modern internationalisation
• Economic globalization has created unprecedented opportunities for trade and commerce while presenting significant challenges
• Cultural exchange and diversity have increased, fostering greater international understanding
• Significant disparities exist between developed and developing nations, highlighting crucial social justice concerns
• Environmental and labor concerns remain central to the globalisation debate