Globalization: What It Is and How Can We Improve for the Better
You can interpret globalization in any way you want because it is not a word but a way of living, be it bad or good. Where did the term globalization come from and what does it mean for consumers, corporate factories, and workers? How did it affect their lives? Despite all of its different sides, globalization is a good thing but to a certain extent. Globalization is in our world now and we should focus on what we should do to regulate globalization to where we are progressing as a whole and not returning to the dark ages. In order to answer these questions we must ask ourselves what does globalization mean? The dictionary definition of globalization is the act of globalizing, or extending to other or all parts of the world. According to Charles Tilly, ‘globalization means an increase in the geographic range of locally consequential social interactions, especially when that increase stretches a significant proportion of all interactions across international or intercontinental limits’ (qtd. in Kesselman 2). It also means it is a worldwide integration and development of countries for the benefit of the world. Economic globalization is a little different. According to the dictionary, economic globalization refers to increasing interdependence of and national economies across the world through a rapid increase in inter-border movement of goods, service, technology, and capital. Even though we hear about globalization a lot recently, the term is not new. People have been selling and trading with different nations for thousands of years before the Great War (World War I) broke out; putting it on hold. In fact, globalization has been around for many centuries now. It has just been a pattern ever since man first traded. A new era of globalization started and has continued since the 1980s (Kesselman 4). Many believe globalization to be spread by westerners. Since the new era of trade, the west did have a...
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