What is globalisation?

Answer 1

Hypothetically, globalization is the smoothing out of borders, currencies, salaries and opportunities across the world, allowing for free trade on an equal scale between all the nations of the world. Some people do not want globalization because they will have to equalize DOWN to a lower standard of life. Some people also do not want globalization because it changes everything, including power structures. Some people do not want globalization because they do not trust the motives of big business and fear that after globalization we will all be wage-slaves and only an elite will enjoy a high standard of living and freedom. The truth is, globalization is a natural, inevitable, continuous process that began when early man began to venture from his own clan's cave and trade with other clans. And, every time mankind tears down another fence that divides the different pockets and tribes of man, man, and the conscience of man, has benefited from the cultural and economic union. For now, though, globalization means great turmoil and upheaval as peoples of the world adjust to the changes that globalization brings.

Answer 2

. The increasing world-wide integration of markets for goods, services and capital that attracted special attention in the late 1990s. 2. Also used to encompass a variety of other changes that were perceived to occur at about the same time, such as an increased role for large corporations (MNCs) in the world economy and increased intervention into domestic policies and affairs by international institutions such as the IMF, WTO, , and World Bank. 3. ...
Human societies across the globe have established progressively closer contacts over many centuries, but recently the pace has dramatically increased. Jet airplanes, cheap telephone service, email, computers, huge oceangoing vessels, instant capital flows, all these have made the world more interdependent than ever. Multinational corporations manufacture products in many countries and sell to consumers around the world. Money, technology and raw materials move ever more swiftly across national borders. Along with products and finances, ideas and cultures circulate more freely. As a result, laws, economies, and social movements are forming at the international level. Many politicians, academics, and journalists treat these trends as both inevitable and (on the whole) welcome. But for billions of the world’s people, business-driven globalization means uprooting old ways of life and threatening livelihoods and cultures. The global social justice movement, itself a product of globalization, proposes an alternative path, more responsive to public needs. Intense political disputes will continue over globalization’s meaning and its future direction.

Answer 3

Globalization is a lasting increase in cross-border trade and investment. One of manifestations of globalization is the emergence of multi-national companies, large businesses that operate in many countries simultaneously.

Answer 4

Read this Page.

http://en.wikipedia.org/wiki/Globalization

Answer 5

The only way to prevent useless rivalries and conflicts