What is globalization and how does it manifest

Globalization - how much is embedded in this word. Today there is not a single country in the world that does not consist in any political / economic relations with others. All states are in a certain dependence on others. International trade benefits all parties involved. The process of globalization is irreversible. Today there is an increasing need to unite countries into a single whole. Our task today is to understand what globalization is.

what is globalization

Definition

So, globalization is a complex process of world integration of countries, which includes the unification of the political, economic and cultural spheres. This is the omnidirectional development and spread of capitalism, the worldwide division of labor, the global migration of workers and monetary resources. The globalization process also includes the standardization of various technological and economic processes, as well as the convergence and merging of individual cultures.

Historical reference

What globalization is, history will tell us. Small manifestations of globalization can be observed in the era of antiquity. The main character who is its source is the Roman Empire. Her dominance in the Mediterranean was expressed in the fact that many cultures were intertwined and complemented by each other, there was a local division of labor. Well, this is just a little of her "likeness." In general, the origins of globalization date back to the 16-17th centuries. At this time, high economic growth was established in Europe, and navigation and various trips were accompanied by new discoveries. The result was the widespread spread of Spanish and Portuguese merchants, who subsequently engaged in the colonization of America. The East India Company (Dutch), which spread its networks to many Asian countries, became the first multinational company. After that, in the 19th century, due to timely industrialization, trade between European countries and their colonies increased significantly. Globalization was interrupted by two World Wars, after which it resumed with a vengeance. To understand in more detail what globalization is, it is necessary to consider it in certain areas of human activity.

in the economic sphere, globalization processes are expressed in

Policy

The globalization of the modern world invariably covers such important areas as politics and economics. Its influence on the political side of the state is expressed as follows: weakening of national states, development and entry into world organizations (such as the UN, WTO, NATO and so on). Today, with the help of such world organizations, globalization is being carried out.

Economy

In the economic sphere, globalization processes are expressed in free trade, capital flows, and tax cuts. Financial information, thanks to the Internet, spreads incredibly fast. In the context of globalization, advertising has been actively developed . The volume of exported / imported goods, international transactions is growing day by day. Multinational companies are widespread. Stock exchanges and their instruments are gaining momentum. There is a merger of several enterprises that are representatives of different countries.

globalization of the modern world

Culture

What is globalization in terms of culture? This is, first of all, the merging of the business culture of different nations, the widespread use of business and international language (English) for communication between representatives of different nationalities. This also includes the development of international tourism.

Thus, globalization is multilateral and widespread, affecting almost all countries of the world. Globalization is called upon to unite the culture, politics and economy of all states into a single whole, thereby providing people with equal and beneficial rights in society.


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