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Globalization and unemployment - Research Paper Example

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Name: Professor name: Subject: Date: Globalization and unemployment Abstract Due to major changes that have been experienced as a result of globalization, the paper will have a deep insight on impacts of these changes to the society and business in a general…
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Globalization and unemployment
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Globalization and unemployment

Download file to see previous pages... This has been as a result of opening up of trade barriers by counties and liberalization of markets. Globalization has also improved flow of information among different countries due to increased technological advancement. Business has been able to make use this opportunity through opening up various branches in the world as it has become easy to operate various businesses in the world through decentralized management (Wagner, 2000). Literature review Historical perspective of globalization Globalization history can be traced from the time people started moving others out of Africa to other parts of the world to work as slaves. Since then people have integrated immensely leading to a world with a generation that lacks cultural identity. Since then people has intermarried with each other leading to erosion of their identity. The level of globalization increased the level of technology since the period between first and second war. Since this time people have been trying to conquer different parts of the world (Wagner, 2000, p. 40). The world has even gone ahead to establish global organizations that are mandated with governing the globe e.g. international monetary funds, World Bank and United nations. Cultural and social impact of globalization One major impact that globalization is has brought is erosion of culture as a result of flow of information from different parts of the world. Currently, it has become so easy to get access to information from different countries at the current time. Some of the western culture has therefore, been integrated in societies that had previously maintained their cultures. This has made these communities to uphold new culture and do away with their culture (Wagner, 2000, p. 56). Globalization has seen introduction of unethical cultures from other parts of the world. Current technological advancement have seen increased sharing of information e.g. in social networks. As a result it has become so easy for the terrorist to plan and execute crimes. Other behaviors that have seen tremendous increase include prostitution and drug abuse. The most affected are the young people who try to copy great musicians and celebrities. This has increased crime rate in different cities in America (Wagner, 2000). Globalization has increased the level of interaction of different people in the world therefore making the world a global village. An individual can be able to move from one place to another easily due to technological advancement. This has increased cultural interaction among different people in the world. People have been able to learn from other’s cultures on different aspects that their culture lacks. This has played a greater role in increasing cultural understanding among different people in the world. Globalization has resulted in social stratification and division of roles in the society. Since time when globalization started taking place, the family roles have changed tremendously. Initially women main role was to raise children and take care of their husbands. These roles have changed with more women entering the job market. Women has gone ahead to take up high positions in various organizations in the world. On the other hand, husbands have become involved closely with family matters e.g. caring for children unlike in the past where such a role was wholly ...Download file to see next pagesRead More
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