2 _Aim {text:bookmark-end} It will be argued that the world is getting flatter and this is not necessarily a good thing for many reasons. Information technology (ICT) has resulted in economic and social integration but precaution must be taken to prevent future problems that has already arose from it not being used correctly. The history of the ‘’flattening’’ of the world‚ the impact that it has made in the years‚ the challenges the world will face and main disadvantages of it will prove that it
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What is globalization? Globalization is defined as the changes in the world; interchanging of resources‚ ideas‚ products‚ markets‚ cultural exchange‚ aspects of cultures‚ investments‚ and business competition. As the world is continuing to grow‚ it’s going to continue to improve its’ technology as everyone continue to interchange with each other. What is globalization 1.0‚ 2.0‚ and 3.0? Globalization 1.0 was established in 1492‚ when Christopher Columbus sailed across the Atlantic Ocean to discover
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Dissecting “The World Is Flat”‚ Thomas L. Friedman “I was in Bangalore‚ India‚ the Silicon Valley of India‚ when I realized that the world was flat.” – Thomas L. Friedman‚ “The World Is Flat” After reading “The World Is Flat” by Thomas L. Friedman‚ I understood the significance of globalization during the twenty-first century. I learned the progression of globalization and the significant changes it has had on the economy and world as a whole. Friedman establishes his text based on the many
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An analytic paper on the two books: The World is Flat of Thomas Friedman and Making Globalization Work of Joseph Stiglitz Globalization is process of integration. It is spread all through several fields‚ such as politics‚ culture‚ economy‚ technology and the environment. Internationally‚ these fields are going through a period of conversion and evolution causing this world to turn out to be homogenous and flat. Even nations in the Third World are having the prospects only the developed countries
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„The Triple Convergence” I. Summary/Synopsis Thomas L.Friedman‚ The World is Flat: a brief history of the twenty-first century. Published by Farrar‚ Straus and Giroux‚ 2007. Friedman discusses the "triple convergence." The convergence of the ten flatteners had created a whole new platform. It is a global‚ Web-enabled platform for multiple forms of collaboration. This platform enables individuals‚ groups‚ companies‚ and universities anywhere in the world to collaborate - for the purposes of innovation
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Assignment 1: The World is Flat 3.0 (10 points) Listen to Tom Friedman’s MIT talk titled “The World is Flat 3.0” and answer the following questions. Your answers must be short‚ succinct‚ and structured‚ and not of the rambling type. The suggested total length of your answers is 1-2 pages. 1. According to Friedman‚ what are the differences between Globalization 1.0‚ 2.0‚ and 3.0? What was the key driver for each phase of globalization? (3 points) Globalization 1.0 was built around countries having
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“THE WORLD IS FLAT: In his book‚ The World is Flat‚ Pulitzer Prize-winning author Thomas Friedman argues that globalization and its technological advances have increasingly “flattened” the world by reducing barriers among states‚ individuals and corporations‚ and by creating more and more economic interdependence and global integration. This process is not a new one. It began in 1492 when Columbus discovered America and opened up trade between the old world and the new world‚ and developed
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IT Tech Paper In the world today‚ business is on the rise internationally and technology is getting stronger and stronger every day. In the book The World is Flat: A Brief History of the Twenty-First Century‚ Thomas Friedman‚ who was a foreign affairs columnist for NY Times‚ tells of his journey to India and how while he was there he realized that globalization has changed economic concepts. Friedman analyzes globalization in the twenty-first century and how the world is now at a level playing
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The Ten Forces That Flattened the World These are the ten factors describing how the world is becoming “flat” or globally interconnected‚ thereby allowing businesses all over the world to compete on a more equal playing field. 1. The New Age of Creativity (the fall of the Berlin Wall) This event “tipped the balance of power across the world toward those advocating democratic‚ consensual‚ free-market-oriented governance‚ and away from those advocating authoritarian rule with centrally planned economies
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its peak? Is the world flat or spiky? There are several very vocal proponents of an argument that the world has become flat in recent years. However‚ there are some writers have the opposite opinion. This paper introduces both sides of the debate and presents the arguments for and against the idea that the world has become flat in recent years. The term “globalization” today refers to the shift in the world economy. It is moving towards a more integrated and interdependent world economy (H.C.W‚
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