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Continuous Process of Integrating Societies and Cultures - Essay Example

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The paper "Continuous Process of Integrating Societies and Cultures" states that globalization has led to increased competition and since the global economy is market-driven, weaker economies have always fallen on the losing end because of the stiff competition…
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Continuous Process of Integrating Societies and Cultures
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Extract of sample "Continuous Process of Integrating Societies and Cultures"

Globalization is a process that leads to global connectivity and interrelatedness
2. Globalization can be attributed to changes in communications
- The telephone and computer technology such as the internet and email has promoted globalization
3. Globalization can also be attributed to changes in transportation
-Electric trains, airplanes, and ships have also led to globalization
4. Globalization has resulted in both positive and negative effects
-Emergence of global markets and global economies
-Increased competition
5. Conclusion
-Globalization has resulted in increased connectivity and interrelatedness between global economies
-Globalization can be attributed to changes in communication, transportation, and the emergence of computer technology
-Globalization has led to global economic and financial interdependence between global economies and increased competition.

In the recent past, globalization has been on an upwards trend especially given the rising ease in the transfer of information, ideas, and knowledge due to new global innovations. The world is now more connected and integrated than it ever was before; this paper will focus on the cause-effect relationships of globalization.

In the recent past, globalization has been given impetus by several forces such as the rapid changes in communications (“Globalization”); the birth of new and sophisticated means of communication such as the telephone, and computer technology such as the internet and email has speeded up the process of globalization. With these new and efficient ways of communication, information, ideas, and knowledge can be transmitted everywhere within seconds and this has led to increased connectivity and interdependence, thus globalization. Increased communication at the international level has resulted in cross-cultural interactions between people and societies in general; it is now possible to transact business across the globe thus giving rise to what is now referred to as a global economy.

The rapid changes in transportation have also been another factor that has led to increased globalization in modern times (Pettinger); new and efficient means of transportation such as airplanes, steamer ships, and electric trains among others have increased global connection and interrelatedness. It is now easier for people, goods, and ideas to move across national borders than it was before due to the increased ease in global transportation; in this regard, the whole world has been reduced into a global village due to the interconnectivity. Because of the increased ease of transportation, multinational corporations can now manufacture their goods and products in other countries and sell them across national borders.
The increased connectivity and interrelatedness of global economies due to globalization has resulted in several effects, both positive and negative; for instance, multinational interactions have led to increased business opportunities and a global common market that is self-sustaining (“Effects of Globalization”). Multinational corporations can transact business anywhere in the world and they enjoy the benefits of globalization such as wider product and labor markets. However, the increased connectivity and interrelatedness of global economies have also led to increased competition in the global market with weak economies falling on the losing side.

Ultimately, globalization has resulted in increased connectivity and interrelatedness between global economies; the increased ease of transfer of information, knowledge, and ideas across world space is a strong indicator of globalization. Globalization can be attributed to myriad factors such as the rapid changes in communication, transportation, and the emergence of computer technology. These changes have continuously revolutionized global interactions over time thus leading to increased connectivity and interrelatedness. Globalization has led to several profound effects such as global economic and financial interdependence between global economies; Read More
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