Globalization Essay - 275 Words

Globalization (Essay Sample) Content: GlobalizationStudentà ¢Ã¢â€š ¬s NameInstitution AffiliationDateGlobalizationGlobalization is defined as the process of interconnecting the world via powerful infrastructure and technology for establishing good communication networks and effective management of resources says Appadurai (1996). The aspect addresses a lot of vibrant phenomena that is comprised of two major components. In the first place, they function across the nationà ¢Ã¢â€š ¬s boundaries and also end up in interdependence or incorporation of human societies. It is therefore, a development aspect that impacts the world collectively from human view point. Depending on the topic or stake taken in a motion, globalization can be viewed as either bad or good.To begin with, globalization has impacted the globe in a number of ways. Societal conditions, machinery, management, environmental investment and economics are some of the changes that have been witnessed by globalization. The changes were made for th e purposes of ensuring that there is gradual development of entrepreneurial initiatives in global markets at speeds that are tremendous (Beck, 2000). These would not only provide room for employment opportunities but also encourage a lot of trade to take place. Living standards of people have improved as many of them are able to afford and sustain their basic needs.Secondly, globalization provides a boundless room and opportunity for business firms or organizations to enhance their business operations across the globe. The means by which business processes are run has been transformed eventually converting the world into a à ¢Ã¢â€š ¬Ã‹Å"global villageà ¢Ã¢â€š ¬. Free trade is taking place among countries leading to the elimination of trade barriers and enhanced business transactions. Liquid capital has grown enhancing investments to third world countries according to Waters (2001). This has been propelled by advent innovations in technology such as the internet. Steady flow of com munication has made it possible for people to exchange information across many parts. Increased trade has led to the growth of social amenities and infrastructure providing good working conditions to residents.On the other hand, a lot of setbacks have been brought about by the issue of globalization. Both unskilled and skilled workers have enjoyed rapid floe of jobs due to globalizationà ¢Ã¢â€š ¬s advent from developed to third world countries. The outcome is attributed to the fact that many corporations seeking labor that is cheap for the purposes of lowering their costs of operation (Ervin and Smith, 2008). Cultural spread of information across different parts of the world ends up becoming extinct. The outbreak of diseases epidemics has been enhanced by globalization due to better transport means and communication systems. A lot of citizens are killed in large numbers depriving some countries of the labor needed in industries and agricultural farms (Lechner, 2009). Skilled person nel have lost live... Globalization Essay - 275 Words Globalization (Essay Sample) Content: Globalization[Studentà ¢Ã¢â€š ¬s Name][Institution][Date of Submission]GlobalizationGlobalization refers to the "changes that take place within societies and in the world economy that results from the growing international trade and from the cultural exchanges that take place" (Galateanu, 2012). It dates back to colonial and slavery times during which massive travels, and exchange of people as slaves saw a transfer of both culture and economic products all over the world (Chrisman, 2013). Although there are some negative effects of globalization, evidence shows that globalization has greater benefits attached to it including increased economic investments, improved ties between nations, spread of worldviews, and most importantly transforming the role of the media.Essentially, globalization has led to expanded markets and increased economic investments. Most business people are able to export their products to other countries in case they produce surpluses in their co untries (Galateanu, 2012). This in itself justifies that other expanding the world markets, globalization has enhanced improved ties between nations especially those that do business activities together. Notably, globalization has enhanced the use of technology in the world, where one can easily do shopping overseas at the comfort of their homes, do advertising of products online, and transfer knowledge and skills to other people (Chrisman, 2013). Ideally, globalization has seen transformation of the media and technology in that anything is virtually possible.However, there are some negative effects of globalization. For instance, Garcia (2013) explains that globalization has shifted powers to those people who take advantage of the poor and neglected people in the society. This argument is biased because on the other globalization is seen to regulate powers of influential individuals and organization in particular industries.In conclusion, globalization comes at the best time when t he world needs to exchange knowledge, ideas, skills, culture, and even labor to ensure holistic development. It has seen expansion of markets and increased investments in additio... Globalization Essay - 275 Words Globalization (Essay Sample) Content: Globalization[Studentà ¢Ã¢â€š ¬s Name][Institution][Date of Submission]GlobalizationGlobalization refers to the "changes that take place within societies and in the world economy that results from the growing international trade and from the cultural exchanges that take place" (Galateanu, 2012). It dates back to colonial and slavery times during which massive travels, and exchange of people as slaves saw a transfer of both culture and economic products all over the world (Chrisman, 2013). Although there are some negative effects of globalization, evidence shows that globalization has greater benefits attached to it including increased economic investments, improved ties between nations, spread of worldviews, and most importantly transforming the role of the media.Essentially, globalization has led to expanded markets and increased economic investments. Most business people are able to export their products to other countries in case they produce surpluses in their co untries (Galateanu, 2012). This in itself justifies that other expanding the world markets, globalization has enhanced improved ties between nations especially those that do business activities together. Notably, globalization has enhanced the use of technology in the world, where one can easily do shopping overseas at the comfort of their homes, do advertising of products online, and transfer knowledge and skills to other people (Chrisman, 2013). Ideally, globalization has seen transformation of the media and technology in that anything is virtually possible.However, there are some negative effects of globalization. For instance, Garcia (2013) explains that globalization has shifted powers to those people who take advantage of the poor and neglected people in the society. This argument is biased because on the other globalization is seen to regulate powers of influential individuals and organization in particular industries.In conclusion, globalization comes at the best time when t he world needs to exchange knowledge, ideas, skills, culture, and even labor to ensure holistic development. It has seen expansion of markets and increased investments in additio...