What is Globalization? - Jeong Aram
Globalization is the process by which businesses, cultures, and economies become interconnected and interdependent on a global scale. It involves the exchange of goods, services, information, and ideas across borders, leading to increased interaction among people from different countries.
Key aspects of globalization include Economic Integration, Cultural Exchange, Technological Advancement, Political Dimensions and Environmental Impact.
First, Economic Integration is Trade agreements, multinational corporations, and the flow of capital and labor across borders.
Second, Cultural Exchange means that the spread of cultural practices, values, and ideas, leading to both the blending and clashing of cultures.
Third, Technological Advancement is The role of technology in facilitating communication and transportation, making it easier to connect globally.
Forth, Political Dimensions mean that The influence of international organizations and agreements on national policies and governance.
Finally, Environmental Impact is Globalization also raises concerns about environmental sustainability as production and consumption patterns affect the planet.
Overall, globalization has both positive effects, like economic growth and cultural exchange, and challenges, such as inequality and cultural homogenization.
https://prezi.com/p/cqaituvpd0ho/glob1-globalization/?present=1
https://www.nytimes.com/2006/07/06/business/06levitt.html
https://en.wikipedia.org/wiki/Globalization
https://www.weforum.org/agenda/2019/01/how-globalization-4-0-fits-into-the-history-of-globalization/
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