Tuesday, December 31, 2019

Globalization A New Concept - 2248 Words

Asma Alsahafi Michael ELS Fort Wayne 13 April 2016 Even though many people think globalization is a new concept, globalization already existed before the First World War. According to Well (2001), in the early years of the nineteenth century, before the First World War started, people who lived at that time, were able to invest their money or sell products to other people and buy products from other people who might live in other countries with unlimited boundaries. Between the beginning of the First World War and the end of the Second World War, the acceleration of globalization went up and down and this was influenced by many factors. The main period when the movement of goods went down was during the war. Neither the†¦show more content†¦So, the best definition to understand the globalization concept is the one that covers all these dimensions. In Al-Rodhan’s (2006, June 19) opinion, â€Å"Globalization is a process that encompasses the causes, course, and consequences of transnational and transcultural integrati on of human and non-human activities.† Globalization has several impacts on every aspect of people s lives. For example, the effect of globalization on the environment. The industrial countries want to increase their income and keep their economic positions. They try to build more factories without thinking about the emission which cause a lot of environmental problems, such as global warming, water pollution, air pollution, the ozone layer hole, and depletion of resources. Globalization affects not only on the environment, but also all their dimensions, and the focus here is in the effect of globalization on economics, culture, and education. The first impact we discuss in this paper is the effect of globalization on the economic. Economists defend the globalization from their perspective in different ways, and not all of them have agreement on one definition. One of those definition is â€Å"Globalization is about the changing costs of economic interactions across distance and the effects these changes in the geographical distribution of economic activity.† (Crafts Venables, 2003). And this is not the only definition, there are many of

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.