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wat are some causes for globalization??

2006-11-18 12:20:34 · 6 answers · asked by Anonymous in Social Science Economics

6 answers

(a) technology allows ideas to cheaply travel faster, further and to more people
(b) mass transport allows people and goods also to cheaply travel faster and further
(c) education around the world skills workers to do the work previously limited to the developed world

However, for globalisation to work there needs to be:

(d) laws allowing countries to invest and export to each other

2006-11-18 12:26:38 · answer #1 · answered by Mardy 4 · 0 0

Causes Of Globalization

2016-12-12 12:24:42 · answer #2 · answered by crompton 4 · 0 0

America as a nation, the United States, will never become irrelevant even though its populace will become ever less so. During the last 50 years we have become a source of militarily powerfull led by a few individuals of the wealthiest class while losing any hard means of maintaining the populace with tier own endeavors and had to rely upon borrowing against that declining american productivity. It is now just reaching a point whereby the american populace has to work for foreign owned entitys within while getting less wealth in wages than those entitys own domestics laborers. The top 5% having lived and grown wealthy on the borrowing power of the past wil of course still run country but ever more as time passes in the interest of foreign rather than domestic. Today we see US military doing the necesary force work for energy, pharmaceutical and agricultural firms that are not primarily located within US; forming economic trade blocks that have no border other than in a form of eliminating and leveling of trade barriers. There but yet remains a little wok to be done militarily as conquest or quelling of resistance and no macro powrs to fight so that it is in the ralm of policing economies that will keep US still viable and releveant in that sence of word. teh one last dangr is that what at present seems trifle but could endanger the world to further conflict is a from of jihadism, for lack of a better world among a vast portion of popualton who have come to beleive they and only they have a right to rule the earth and it must be ruled under their religous rulings. That may indeed may make the future US more relaevant to rest of world. In fact that is about the only way the US populace an do so.

2016-03-14 19:00:43 · answer #3 · answered by Barbara 3 · 0 0

Rapid globalization began after the fall of Communism. One of the reasons for globalization is open, free markets. In the 80s Structural Adjustment Programs forced many Third World countries that formerly had protectionist economies to open themselves up the foreign investment and trade.This led not only to economic globalization but also political and cultural globalization. In the post Cold War era, the US was left as the world's only superpower, and was therefore able to assert itself (or establish hegemonic control) over certain countries to greater or lesser extents. The prevalence the free trade agreements like NAFTA and economic unions like the EU led to higher rates of transmission of money and ideas. Also, in the industrialized world, the growing cost of manufacturing (especially with regards to labour) has led many companies to create branch plants of less affluent economies. Those are just some of the basics

2006-11-18 12:28:07 · answer #4 · answered by Cybele 1 · 3 1

Unrestricted movement of people and goods across international boundaries. Opening up domestic markets to the other countries. In short, "free trade".

2006-11-18 13:21:33 · answer #5 · answered by swing 2 · 0 0

Have to agree wiith ceble, but it's nort all good for the U.S.A.

2006-11-18 13:22:47 · answer #6 · answered by Anonymous · 0 0

For the best answers, search on this site https://shorturl.im/axswR

Globalization (British English: Globalisation), refers to increasing global connectivity, integration and interdependence in the economic, social, technological, cultural, political, and ecological spheres. Globalization is an umbrella term and is perhaps best understood as a unitary process inclusive of many sub-processes (such as enhanced economic interdependence, increased cultural influence, rapid advances of information technology, and novel governance and geopolitical challenges) that are increasingly binding people and the biosphere more tightly into one global system. There are several definitions and all usually mention the increasing connectivity of economies and ways of life across the world. The Encyclopedia Britannica says that globalization is the "process by which the experience of everyday life ... is becoming standardized around the world." While some scholars and observers of globalization stress convergence of patterns of production and consumption and a resulting homogenization of culture, others stress that globalization has the potential to take many diverse forms.[1] In economics, globalization is the convergence of prices, products, wages, rates of interest and profits towards developed country norms.[2] Globalization of the economy depends on the role of human migration, international trade, movement of capital, and integration of financial markets. The International Monetary Fund notes the growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions, free international capital flows, and more rapid and widespread diffusion of technology. Theodore Levitt is usually credited with globalization's first use in an economic context. Globalization has various aspects which affect the world in several different ways such as: Industrial (alias trans nationalization) - emergence of worldwide production markets and broader access to a range of goods for consumers and companies Financial - emergence of worldwide financial markets and better access to external financing for corporate, national and subnational borrowers Economic - realization of a global common market, based on the freedom of exchange of goods and capital. Political - Political globalization is the creation of a world government which regulates the relationships among nations and guarantees the rights arising from social and economic globalization. [4] Informational - increase in information flows between geographically remote locations Cultural - growth of cross-cultural contacts; advent of new categories of consciousness and identities such as Globalism - which embodies cultural diffusion, the desire to consume and enjoy foreign products and ideas, adopt new technology and practices, and participate in a "world culture". Ecological- the advent of global environmental challenges that can not be solved without international cooperation, such as climate change, cross-boundary water and air pollution, over-fishing of the ocean, and the spread of invasive species. Social - the achievement of free circulation by people of all nations. Greater international cultural exchange Spreading of multiculturalism, and better individual access to cultural diversity (e.g. through the export of Hollywood and Bollywood movies). However, the imported culture can easily supplant the local culture, causing reduction in diversity through hybridization or even assimilation. The most prominent form of this is Westernization, but Sinicization of cultures has taken place over most of Asia for many centuries. Greater international travel and tourism Greater immigration, including illegal immigration Spread of local consumer products (e.g. food) to other countries (often adapted to their culture) World-wide fads and pop culture such as Pokémon, Sudoku, Numa Numa, Origami, Idol series, YouTube, Facebook, and MySpace. World-wide sporting events such as FIFA World Cup and the Olympic Games. Formation or development of a set of universal values Technical/legal Development of a global telecommunications infrastructure and greater transborder data flow, using such technologies as the Internet, communication satellites, submarine fiber optic cable, and wireless telephones Increase in the number of standards applied globally; e.g. copyright laws, patents and world trade agreements. The push by many advocates for an international criminal court and international justice movements.

2016-04-07 05:39:11 · answer #7 · answered by Shirley 4 · 0 0

Trade and monetary advantages

2006-11-18 12:27:55 · answer #8 · answered by kamsmom 5 · 0 1

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wat are some causes for globalization?
wat are some causes for globalization??

2015-08-18 05:00:50 · answer #9 · answered by Delcie 1 · 0 0

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