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As the technical capability of the human race increases, communication become faster and distances become shorter (due to faster transportation, it is really a metaphor). This breaks old barriers, allowing knowledge and products to flow to places were it previously was impossible. Better information and transportation allows us to "optimize". For example, if grapes are produced cheaper in Chile, we buy grapes from Chile.

2007-02-21 06:17:21 · answer #1 · answered by MSDC 4 · 0 0

Globalisation is the ability to produce any good or service anywhere in the world using components and raw materials from anywhere in the world sell that good or service anywhere in the world and place the profits anywhere in the world without facing barriors.
however most people talk about the effects when they refere to globalisation, for example imagine if every computer in the world was produces by one of three companies, imagine is every burger or pizza in the world were produce by three or four companies. gloabalisation leads to huge companies produceing things for the entire globe, anywhere in the globe that they wish.
the arguament is that even though there would be less suppliers of goods and services there would be more goods and services to go around because of huge economies of scale.

2007-02-20 08:06:07 · answer #2 · answered by supremecritic 4 · 0 0

Its free trade across national boundaries. This includes jobs being done anywhere thanks to computer networking. Eventually this would benefit everyone in the world but is hell for countries that are already economically advanced like the US. It should also be done in such a way as to protect the workers in countries where they are oppressed such as China but under pressure from by companies like Walmart who profit hugely from cheap overseas labor the US government does not insist that these countries treat their workers well. In effect this means that Walmart profits from slavery and no US company can compete with Walmart unless they also do the same thing. Its evil.

2007-02-18 17:51:30 · answer #3 · answered by Michael da Man 6 · 0 0

this is unconstitutional! regardless of what human beings like Pat Robertson and Jerry Falwell might like us to have self belief, our Founding Fathers DID intend for there to be a separation of church and state. There are various archives that have been written via our Founding Fathers, such simply by fact the Treaty of Tripoli, which replaced into authored via John Adams, that coach this. additionally, the form says that the federal government shall make no regulation favoring an corporation of religion. meaning that if an corporation, which includes a public college, gets federal investment, it would possibly no longer in any way sell a faith.

2016-10-02 09:13:11 · answer #4 · answered by ? 4 · 0 0

It's a process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world.
Factors that have contributed to globalization include increasingly sophisticated communications and transportation technologies and services, mass migration and the movement of peoples, a level of economic activity that has outgrown national markets through industrial combinations and commercial groupings that cross national frontiers, and international agreements that reduce the cost of doing business in foreign countries.
Globalization offers huge potential profits to companies and nations but has been complicated by widely differing expectations, standards of living, cultures and values, and legal systems as well as unexpected global cause-and-effect linkages.

Globalization has various aspects which affect the world in several different ways:
- industrial globalization (alias trans nationalization) - rise and expansion of multinational enterprises
- financial globalization - emergence of worldwide financial markets and better access to external financing for corporate, national and subnational borrowers
- political globalization - spread of political sphere of interests to the regions and countries outside the neighborhood of political (state and non-state) actors and the potential formation of a global citizens movement
- informational globalization - increase in information flows between geographically remote locations
- cultural globalization - growth of cross-cultural contacts

2007-02-20 04:59:38 · answer #5 · answered by emilia_3272 2 · 0 0

Research Adam Smith - one of the main theorist in the area

2007-02-18 17:46:20 · answer #6 · answered by ஐ♥PinkBoo - TTC #1♥ஐ 5 · 0 0

Capitalist expansion accross national boundaries, resulting in blurring identities and unification of thought.

2007-02-18 22:28:08 · answer #7 · answered by d0uble_n 1 · 0 0

It's mostly the removal of restrictions on trade, travel, and communications.

2007-02-18 17:56:37 · answer #8 · answered by alfie 2 · 0 0

We are now living in the same village and so we care for its future.

2007-02-18 17:44:39 · answer #9 · answered by Tamart 6 · 0 0

Sorry, I can't!!

2007-02-18 17:51:15 · answer #10 · answered by Moofie's Mom 6 · 0 1

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