What is meant by Globalization?

please can you give me a good definition of globalization.

Answer:
one world government, one currency, world bank, total control, everyone identified, no privacy.
The globalization of green house gases has increased temperature around the world to the point of endangering glacial ice formations.
globalisation is the integration of markets such as all the world's economies are in some way tied to each other through trade in goods and service, capital flows, information flows and labour flows. It is largely due to improving technology, particularly communication and transport. Like anything it has its good points and its bad.

Good is that markets can be operated more efficiently. It also allows for the movement of capital, technology, information to where it is needed. It can help develop countries from third to first world levels. It has improved the standard of living for us in the west.

Bad. Environmental issues. That could also be the cause of increasing gap between the rich and the poor countries.
Globalization in a nutshell...
We have only begun to hear of this in the media though it has been well in progress for over 50 years. We have to look to the World Bank and the IMF and these giant international financial institutions first for where it all began.
If you want the simplest explanation economically, it is this: rm+cl=pt/fi , or , raw materials + cheap labor = primary target / financial interest.
Let me explain. This story is quite familiar to those who are history buffs (expecially of the American Revolution). There was this nation (Great Britain) who saw incredible potential in the raw materials and cheap labor (thus very cheap products and high profits without the expense of local hiring and expensive laws) They installed at their own expense land owners and gave them promises of tax exemption and wealth imperpetuity if only they would keep the Americans in line and keep the cheap goods coming.we know how the story ended.
These great international financial institutions would go into developing county's and promise them billions of dollars in loans and show them (absurd) predictions of high growth rate that their country would experience if only they would hire American companies (our experience, other countries have done it since it began, it is not a new thought) to do all the work. The growth rates would be based on fully developed roads, electrical supply, clean water, etc. etc. all good things. But the rate of growth promised would be 17%-21% (in the particular case of Indonesia when all other economists could only see a 7%-8% at the very optimistic outside for the booming 1960's) And so contracts were signed and the work began. Money would run out early and in order for the debt to be serviced, new agreements and new loans would have to be made. This was based again on faulty and overly optimistic data which would again plunge the country into an economic horror show. Simply...the Richest would continue to benefit through agreeing to go along with the plan and be puppets of those who held the true power and the poor who were unable to influence the rarefied heights of the powerful wealthy except through accepting the available jobs at the available rates did what they had to do to survive.
Globalization is difficult to sum up quickly but let me make an effort at it. It is the economic effort of one or a group of cooperating economic super-powers (corporations as well as governments) to create for themselves a perfect formula of cheap labor, cheap or free raw materials and feed the product that is produced to a society of their making where the labor pool has already become expensive and products have risen in price so that the new cheap products are readily accepted without question.
And while the face of this changes from Brazil to Saudi Arabia (very different in strategies) the result is the same. And if the country that is being pressured does not want our 'help',...see: Pres' Reagan/Bush Sr.,Iran Contra Affair, Invasion of Panama(which Pres. Carter had already negotiated a peaceful treaty within Int'l law. the economic powers will take what they want.
Go back to the French and Indochina, Go further to the Dutch and Indonesia.
If you want to learn about Globalization then you must know A. History surrounding super powers and their relationships to developing nations. B. The flow of economies (follow the money) at the same time.
A study of the life of Alexander Hamilton and Benjamin Franklin will be very enlightening regarding the current situation of Globalization. However if you don't have time. Question EVERYTHING! Why do our newspapers report different versions of stories that our government tells us? Why do these financial mega-giant bank organization continue to tell us and show us through comprehensive studies how great a job they are doing and how much things have improved under their watch.yet the economies of these developing countries continue to suffer and the people continue to starve. ASK WHY! If they tell you that it is because the corrupt leaders of these countries stole all the money, then ask 'why weren't you watching what was going on with billions of dollars at stake?'
Globalization is the advancement of empire. Simply. Economic Empire.
Globalization is the interconnectedness of people worldwide. It is how each country's culture economy and health are interrelated and becoming more interrelated
It is another way of saying "Lets Ruin and then Control the World"
The movement of products round the world, where one country or group sells at one price and another sells at a higher price. Using a swet shop as an example of exploiting a minority group to make a product which is then sold at a much higher price when it ends up in an economicly advanced country. These countries are the G8 countries and the globalists are the people at the top.

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