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What does globalization imply? – World Atlas

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What does globalization imply? – World Atlas

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Globalization has promoted multiculturalism in many countries around the world.

What does globalization mean?

Globalization refers to the international interaction between people, companies and governments of different countries through the exchange of ideas, products and cultural practices. Globalization is promoted by trade partnerships between different countries, as well as the use of the Internet and cell phones. The improvement of transportation systems such as electric trains, container ships and airplanes has made it possible for countries or people to access information about goods that are offered in different places around the world.

Globalization in the modern world

Globalization in the 19th century was achieved through industrial transformation during the US Civil War. Industrialization encouraged the mass production of raw materials, creating the need to trade with other people for either money or other products that were not produced locally. With the improved and reduced transportation costs, more can be exported and imported. In addition, people can move from one place to another and learn new skills that are not available in their area of ​​origin.

Movement of people

People are an important aspect of globalization and therefore their movement from one area to another plays a crucial role in the success of product exchanges. People move for a variety of reasons, including tourism, immigration, and international education. Tourists travel to different countries for pleasure and interaction with others, and therefore increase interaction. When people visit different places, they end up buying products that they find in different countries and getting to know different cultures in the process. Immigrants move from one country to another where they can settle and find employment. Your migration is made easier by the readily available and affordable transportation. International students look for education all over the world, buy products and mostly get to know new cultures.

Movement of information, goods and services

With globalization, information can be conveyed to anyone regardless of distance. Social media and the phone have made communication possible, unlike in the past when people had to send letters through the courier or tab to deliver the mail and it was occasionally impossible to deliver. Economic globalization has made the cross-border transport of goods, services and capital possible. The improved means of transport made this possible.

Cultural globalization

People exchange ideas, meanings and values ​​in the interaction through cultural globalization, where it has become possible to access everything you want to see with one click from below.

Political globalization

Globalization has affected how different governments work in the world and how they implement policies. The World Health Organization (WHO) formulates guidelines on health aspects that affect all member countries and thus encourage them to cooperate. Non-governmental organizations influence public policies in the different countries in which they operate in relation to the development projects they set up.

Importance of globalization

Globalization is an important step in the development of any nation. Any country can access the products, services and even technology at any time. Therefore, development in each country can be achieved using the available resources. Governments encourage this aspect to ensure that social interaction, exchange of products and services is possible and that none of the countries suffer at the expense of others.

Benjamin Elisha Sawe April 25, 2017 in Economics

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