Globalization means increasing the interdependence, connectivity and integration on a global level with respect to the social, cultural, political, technological, economic and ecological levels.
Advantages of Globalization
* Goods and people are transported with more easiness and speed
* the possibility of war between the developed countries decreases
* free trade between countries increases
* global mass media connects all the people in the world
* as the cultural barriers reduce, the global village dream becomes more realistic
* there is a propagation of democratic ideals
* the interdependence of the nation-states increases
* as the liquidity of capital increases, developed countries can invest in developing ones
* the flexibility of corporations to operate across borders increases
* the communication between the individuals and corporations in the world increases
* environmental protection in developed countries......
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Approximate Word Count: 556
Approximate Pages: 3 (260 words per double-spaced page) |