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Globalization

 Encyclopedia: Globalization
Donnerstag, 28. Oktober 2021 10:35
Globalization is the process of interaction, integration and trade between p

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Encyclopedia: Globalization Donnerstag, 28. Oktober 2021 10:35 Globalization is the process of interaction, integration and trade between people, businesses, organizations and governments on a cultural, economic or political level. It is driven by many factors like the permanently ongoing technological progress. For example the developement of new means of communication which enable fast and easy communication, as well as interconnection world-wide. But also progresses in means of transportation as they Like COVID 19 or climate change are enable mobility around the world. Moreover, global issues a factor that make (the) globalization a mandatory process as global problems require international, unified solutions. Furthermore, the vanishing barriers ennance international trade and migration which promote the linkage between people, businesses, organizations and governments trans- nationally. are countries One of the affected areas are the countries' economics. Especially newly industrialized benefitting from the globalization whereas Sub-Saharan African countries experience huge inadequacies. Already industrialized countrics, however, stand somewhere in between of benefitting and experiencing aisadvantages. Businesses, coorperations and organizations I have less trouble to expand all around the world and become multi-national companies or collaborate with international businisses. As a result of that, the markets get more open and the competition on the markets increases. Along with the cheaper production costs and lower wages in eastern countries, as well as the drop of transportation costs, the consumers...

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happen to benefit as well since products become cheaper and thus more affordable. Nontheless, this also involves the exploitation of workers, destruction of local production facilities and markers, as well as the minimization of the chances of a small businesses' expansion as they are unable to withstand the great competition and new global standards. Besides the affect on the economy, Globalization also influences countries on a cultural level. For example, the interconnection increases between people all around the globe through social media or enabled international school exchange programs which allows individuals to experience the world from a new perspective and learn about new lifestyles, customs and traditions. Moreover, the simplified migration leads increasing diversity in terms of more people with different ethnical backgrounds living in a country. The result of that can be rather polarized. Depending on the place, this can either result in more tolerance and acceptance towards differences or increased racism. Nevertheless, cultural diversities are being diminished through the westernization. Another rather contradictory effect is the use of English as a gobal language. On one hand, it is beneficial to have some kind of universal laguage as it enables communication with almost but everyone world wide on the other hand, it weakens national languages. " Globalization also finds its significance on a political level. Countries have developed an interdependence by constructing partnerships like the EU or peacekeeping forces such as the UN or NATO. Moreover, transnational problems e.g. COVID 19, climate change, terrorism etc. can be discussed and solved more easily since the international connection enables uninterrupted communication wich allows politicians to create collective and targeted solutions for global issues or international conflicts.

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Globalization

Globalization

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Englisch

 

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Globalization

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 Encyclopedia: Globalization
Donnerstag, 28. Oktober 2021 10:35
Globalization is the process of interaction, integration and trade between p

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"Encyclopedia" / Comment on Globalization Definition driving factors positive and negative effects on economy, politics and culture

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Encyclopedia: Globalization Donnerstag, 28. Oktober 2021 10:35 Globalization is the process of interaction, integration and trade between people, businesses, organizations and governments on a cultural, economic or political level. It is driven by many factors like the permanently ongoing technological progress. For example the developement of new means of communication which enable fast and easy communication, as well as interconnection world-wide. But also progresses in means of transportation as they Like COVID 19 or climate change are enable mobility around the world. Moreover, global issues a factor that make (the) globalization a mandatory process as global problems require international, unified solutions. Furthermore, the vanishing barriers ennance international trade and migration which promote the linkage between people, businesses, organizations and governments trans- nationally. are countries One of the affected areas are the countries' economics. Especially newly industrialized benefitting from the globalization whereas Sub-Saharan African countries experience huge inadequacies. Already industrialized countrics, however, stand somewhere in between of benefitting and experiencing aisadvantages. Businesses, coorperations and organizations I have less trouble to expand all around the world and become multi-national companies or collaborate with international businisses. As a result of that, the markets get more open and the competition on the markets increases. Along with the cheaper production costs and lower wages in eastern countries, as well as the drop of transportation costs, the consumers...

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happen to benefit as well since products become cheaper and thus more affordable. Nontheless, this also involves the exploitation of workers, destruction of local production facilities and markers, as well as the minimization of the chances of a small businesses' expansion as they are unable to withstand the great competition and new global standards. Besides the affect on the economy, Globalization also influences countries on a cultural level. For example, the interconnection increases between people all around the globe through social media or enabled international school exchange programs which allows individuals to experience the world from a new perspective and learn about new lifestyles, customs and traditions. Moreover, the simplified migration leads increasing diversity in terms of more people with different ethnical backgrounds living in a country. The result of that can be rather polarized. Depending on the place, this can either result in more tolerance and acceptance towards differences or increased racism. Nevertheless, cultural diversities are being diminished through the westernization. Another rather contradictory effect is the use of English as a gobal language. On one hand, it is beneficial to have some kind of universal laguage as it enables communication with almost but everyone world wide on the other hand, it weakens national languages. " Globalization also finds its significance on a political level. Countries have developed an interdependence by constructing partnerships like the EU or peacekeeping forces such as the UN or NATO. Moreover, transnational problems e.g. COVID 19, climate change, terrorism etc. can be discussed and solved more easily since the international connection enables uninterrupted communication wich allows politicians to create collective and targeted solutions for global issues or international conflicts.