There are many different definitions of globalisation, but most acknowledge the greater movement of people, goods, capital and ideas due to increased economic integration which in turn is propelled by increased trade and investment. It is like moving towards living in a borderless world.
There has always been a sharing of goods, services, knowledge and cultures between people and countries, but in recent years improved technologies and a reduction of barriers means the speed of exchange is much faster. Globalisation provides opportunities and challenges. Bigger markets can mean bigger profits which leads to greater wealth for investing in development and reducing poverty in many countries. Weak domestic policies, institutions and infrastructure and trade barriers can restrict a country's ability to take advantages of the changes. Each country makes decisions and policies that position them to maximise the benefits and minimise the challenges presented by globalisation.
or it could be
Globalization (or Globalisation) refers to increasing global connectivity and integration in the economic, social, technological, cultural, political, and ecological spheres.
2007-10-19 23:50:02
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answer #1
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answered by arman 5
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Type in your subject of interest in the Yahoo Web Search bar at the top of the page
2007-10-20 01:18:42
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answer #2
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answered by ted j 7
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Its how the world is lsing its culture and all becoming the same.
Like how the drink coke and advertise it all over the wworld.
The same with other corporations like mc donalds.
i personanlly see no problem with this.
2007-10-19 23:50:37
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answer #3
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answered by Agent 47 7
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