What is Globalisation?
Answer:
(m)
Globalization, also globalisation, refers to a process of increasing global connectivity and integration between nation-states, households/individuals corporations and other organizations. It is an umbrella term referring to increased interdependence in the economic, social, technological, cultural, political, and ecological spheres. In the context of global trade, the term globalisation is the opposite of protectionism. Theodore Levitt is usually credited with globalisation's first use in an economic context
http://en.wikipedia.org/wiki/globalizati...
an incorrectly spelled word...
ADD ON:
pj m... I apologize for forgetting that the internet is a global community and therefore not everyone uses the same version of English, or even English at all. In my own defense, every time I have ever used/seen globali(z/s)ation, it has been with a "z." It is even marked as incorrect in Microsoft Word when written with an 's.' Therefore, seeing as how American English is the English that is learned most often in the world, it would seem to make sense that I would assume colin was typing from an American English background.
On a rather interesting sidenote, my name is also colin, and my brother's initials are PJM. Strange...
It affects the entire Globe
Or the whole planet is involved.
inevitable
comprehensive term for the emergence of a global society in which economic, political, environmental, and cultural events in one part of the world quickly come to have significance for people in other parts of the world.
motz39ba, colin has spelled it correctly. if you use english words, spell them the english way, not some dumbed down americaniSed way
It is moving with a powerful hurricane's force across countries' borders. It is the movement of money (capital), technology and its necessary skilled labor, investments, knowledge, and resulting belief systems across borders. It changes, and will change, the nature of the countries, and it will continually alter alliances.
Read the Dictionary
Globalization is a growing integration of economies and societies around the world
The increasing inter-dependence and intergration of the world economies, characterised by greater exports and imports, more multi-national corporations, foreign asset ownership, the movement of capital and the movement of labour.
It's about inequality, how people are paid in one country to make something, which is sold for a much higher price in another. I studied economics for 1 term and decided that it only worked for very few, since it is the reason for the gap between rich and poor, 's mainly about the movement of markets and who gains from it, taking for granted who looses out.
(L)
Globalisation came to be seen as more than simply a way of doing business, or running financial markets - it became a process. From then on the word took on a life of its own. Centuries earlier, in a similar manner, the techniques of industrial manufacturing led to the changes associated with the process of industrialisation, as former country dwellers migrated to the cramped but booming industrial cities to tend the new machines.
So how does the globalised market work? It is modern communications that make it possible; for the British service sector to deal with its customers through a call centre in India, or for a sportswear manufacturer to design its products in Europe, make them in south-east Asia and sell them in north America.
But this is where the anti-globalisation side gets stuck in. If these practices replace domestic economic life with an economy that is heavily influenced or controlled from overseas, then the creation of a globalised economic model and the process of globalisation can also be seen as a surrender of power to the corporations, or a means of keeping poorer nations in their place.
Low-paid sweatshop workers, GM seed pressed on developing world farmers, selling off state-owned industry to qualify for IMF and World Bank loans and the increasing dominance of US and European corporate culture across the globe have come to symbolise globalisation for some of its critics.
The anti-globalisation movement is famously broad, encompassing environmentalists, anarchists, unionists, the hard left, some of the soft left, those campaigning for fair development in poorer countries and others who want to tear the whole thing down, in the same way that the original Luddites attacked mechanised spinning machines.
Not everyone agrees that globalisation is necessarily evil, or that globalised corporations are running the lives of individuals or are more powerful than nations. Some say that the spread of globalisation, free markets and free trade into the developing world is the best way to beat poverty - the only problem is that free markets and free trade do not yet truly exist.
Globalisation can be seen as a positive, negative or even marginal process. And regardless of whether it works for good or ill, globalisation's exact meaning will continue to be the subject of debate among those who oppose, support or simply observe it.
A recent report in the Press Gazette, the trade magazine for journalists, dealt with attempts by a BBC focus group to throw some light on how far television audiences understand news reports.
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