Globalisation or globalization is an umbrella term for a complex series of economic, social, technological, cultural and political changes seen as increasing interdependence, integration and interaction between people and companies in disparate locations. As a term 'globalization' has been used as early as 1944[citation needed] but economists began applying it around 1981. Theodore Levitt is usually credited with its coining through the article he wrote in 1983 for the Harvard Business Review entitled "Globalization of Markets". The more encompassing phenomenon has been perceived in the context of sociological study on a worldwide scale.
The term "globalization" is used to refer to these collective changes as a process, or else as the cause of turbulent change. The distinct uses include:
Economically and socially positive: As an engine of commerce; one which brings an increased standard of living — prosperity to developing countries and further wealth to First World and Third World countries.
Economically, socially, and ecologically negative: As an engine of "corporate imperialism"; one which tramples over the human rights of developing societies, claims to bring prosperity, yet often simply amounts to plundering and profiteering. Negative effects include cultural assimilation via cultural imperialism, the export of artificial wants, and the destruction or inhibition of authentic local and global community, ecology and cultures.
2006-11-04 00:06:55
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answer #1
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answered by Jazon 2
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Globalisation or globalization is an umbrella term for a complex series of economic, social, technological, cultural and political changes seen as increasing interdependence, integration and interaction between people and companies in disparate locations.
2006-11-07 01:44:27
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answer #2
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answered by Baba 2
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Globalisation is to integrate the bussiness of every part of the world, this is almost a realitity thanks to the advance of communications systems fusions of banks and enterprises, laws and agrement about taxes are helpting globalization. Some people like Jean Beltand Aristide former President of Haite had written about this topic about the damage it causes in third countries econonmy directly to people or producers
2006-11-04 02:33:13
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answer #3
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answered by pelancha 6
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What is Globalisation?
The coming together of countries and peoples is called globalisation.
2006-11-04 00:12:07
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answer #4
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answered by Anonymous
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A process in which activities are organised on a global not national scale, in ways which involve some interdependence, and which are often instantaneous around the world.
2006-11-04 01:38:31
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answer #5
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answered by Anonymous
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All of that is somehow logically interconnected troulbe with it it doesn't contrast the separation of the evil intentions of golbalization engineered by Neocons for world domination. The rest are just minor players in the big scam of the new world order,
2016-05-21 22:49:00
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answer #6
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answered by Amy 3
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The process of the world becoming "a global village".
2006-11-04 00:53:09
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answer #7
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answered by Anonymous
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The integration of the world economically under capitalism.
2006-11-04 00:05:51
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answer #8
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answered by Isis 7
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