This website uses cookies to ensure you have the best experience. Learn more

Globalization: Its Effects On Our Society Today & A Brief History

1567 words - 6 pages

What Is “Globalization”?

Globalization is the growth, expansion and integration of different systems such as economics, culture and politics on a global scale.
Western countries went to third world countries and persuaded their citizens by blaming their economical and social problems on their technological backwardness rather than the exploitative nature of their political system. By accomplishing this, the western countries gain entry into the nations and trade technology for resources and labour force. This ultimately leads to westernization of the third world nations (James Ferguson 2001 [1990], 407).
Westernization is the assimilation of Western culture. It is the social process of becoming familiar with or converting to the customs and practices of Western civilization.

What are the Effects of Globalization on the World Today?
Globalization is perhaps the only phenomenon that effects today’s world as intimately and permanently as evidence that is available now suggests. It has tremendous potential for helping the state of the planets ecology, economy, and education systems to improve, and it does, but it also has an incomprehensible ability to bring ruin to the world like nothing else can, and it does.
Globalization helped the production markets go global. When production markets went worldwide, foreign products became more easily accessible and readily available to the consumers and companies. This brought about trade on a larger scale between the countries national boundaries for goods and materials. An example of how Globalization brought about a positive change in the world.
Globalization gave birth to the worldwide financial markets and helped make access to external financing more readily available for borrowing consumers internationally. Unfortunately, the emergence of these global structures was more rapid than any regulatory control system that was or could have been implemented to ease this global transition. Resulting in degradation of the financial infrastructure of the world and causing the global financial crises that the world is suffering from today. An example of how Globalization gave birth to a horrible global crisis.
Due to globalization, the competition in the global market has increased substantially. Global business markets have to constantly upgrade their technology and products, while improving productivity simply in order to match footing with the competitive market only so they can survive.
The interconnected nature of the global common market, which permitted the free exchange of goods and capital between markets, also is the reason why a collapse in the economy of any country, has undeniable effects on the economies of all the other countries taking part in the common market.
Globalization is employed as a political tool to create institutions of governments (e.g. World Bank); whose only purpose is to regulate the relationship between the governments, and helping to provide rights that are become essential...

Find Another Essay On Globalization: Its Effects on our Society Today & A Brief History

Rock & Roll: Its effects on our culture

1666 words - 7 pages Rock & Roll:Its effects on our cultureMany Rock historians have a difference in opinion on who really started the Rock movement. Some say that it was absolutely Elvis Presley. While other historians say that the Beatles truly started the revolution. When I think of the beginning of Rock and Roll the following names come up: Elvis Presley, Chuck Berry, and Bill Haley. Yes, it is true that Chuck Berry seems to be the most well renowned artist

A brief field study of the Vancouver(Canada) Landfill and its effects on the environment

661 words - 3 pages IntroductionThe amount of damage done to the environment by the Vancouver Landfill is a lot lower than it was ten years ago. An emphasis has been put on reducing the harming effects on the environment that the landfill produces. Leachate and landfill gases are taken care of properly as approximately 475,000 tonnes of municipal solid waste are put in the landfill every year. The Vancouver Landfill is 635 hectares; 235 hectares take up the

Acid Rain and its effects on society

2086 words - 8 pages through the ground, it affects a variety of plants and animals. The strength of the effects depend on many factors, including how acidic the water is, the chemistry and buffering capacity of the soils involved, and the types of fish, trees, and other living things that rely on the water.Dry deposition refers to acidic gases and particles. About half of the acidity in the atmosphere falls back to earth through dry deposition. The wind blows these

War Memories and Its Effects on Me Today

756 words - 4 pages of dying soldiers. A body hit the ground in agony right in front of me. I felt the reflex of hairs on my skin. The attacking never came to an end, bombs and grenades were thrown all over the battlefield and countless number of soldiers were lying still on the ground. The shooting was indescribably brutal, all we wished for was to find a way out and escape and go back home to our families. I had no weapons to protect myself, so all I could think

The Effects Of Violence In Media On Society Today

2239 words - 9 pages others have suggested. But there are so many violent acts, that one can’t focus on the guns, just like one can’t focus on the media. David Phillips, one of the men we discuss later put it perfectly, “It’s like watching rain fall on a pond and trying to figure out which drop causes which ripple.”There have been many studies conducted on the effects of violence on children, and on the effects on society as a whole. There have been about 3,000

Shin Splints- an explanation of the kinds of shin splints, causes, effects, symptoms, short/long-term treatments, and influence on our society today. Includes Bibliography (only a list of resources)

705 words - 3 pages Shin splints, or in other words Medial Tibial Pain Syndrome, are one of the most misdiagnosed running conditions. To sum up the definition of Shin Splints, it is an overworking of the tibia and its muscles. Many times, this condition is a result from improper conditioning or running on very hard surfaces, such as concrete, and bad running shoes. This movement causes the soleus muscle to pull very hard on the backside of the tibia causing the

disrespect and its effects to a society and its people

1029 words - 5 pages I feel both ways on this. Dlsresp le act or treat others. Just worry to worry about how peop society should not care. It does not need und goes around. If you treat What comes aro hat everyone else does. e about yourself and not w _ with respeCt. The sam someone WIll treat you . will come back to you, someone with respect, It ed Remember that if you au would like to be treat . with disrespect. Treat othe£s the way Y to be treated how you treated

To what extent will globalization help the poor? Globalization and its Effects on Poverty

1616 words - 6 pages and proponents of globalization emphasize an expanding global economy, but a diminishing public space with little to no mention of citizen participation and justice. This is an authoritarian vision where armies police people and nations, so capital might be free.Among the nations in the world, the United States has emerged as a world superpower and is very influential on the issue of world trade. It is the dual relationship of mobile capital and

The harms of physical punishment in our society today and describes the effects that it can leave on young children later in life

1324 words - 5 pages Don't Make Me Count or Else!Almost every child has heard the quote: " Don't make me count or else," or at least a similar threat. Throughout the US and other countries, the use of corporal punishment has been a common and integrated part of rearing children; however, the topic has collided into a highly heated debate about the effectiveness. How effective is corporal punishment in our society today? Corporal Punishment is defined as "an act by a

Conflicitng Messages In Our Society Today

931 words - 4 pages become a more knowledgeable and well rounded person and how to use the positive messages of the gospel to become a better and a more moral human being. The values of the media can often become confusing to a young person today, we try to live our lives according to the morals taught to us by the lessons of the gospels but it is hard to do that when we turn on the new and we hear about murders and other chaos in our society. What kind of world do we

Television and Its Effects on Society Over the Past Decades

3829 words - 15 pages Television and Its Effects on Society Over the Past Decades Since its first appearance in the 1950’s, television has revealed itself to be one of the world’s most influential mediums. Its entrance into the media scene has tossed other mediums, such as the radio and print media, aside. With at least one television per household in Canada and with the average Canadian watching about 22.6 hours of TV per week, families

Similar Essays

The Impact Of Globalization On Our Society

1865 words - 7 pages not globalization has a positive impact on our society. I agree with Romeo Dallaire comment that we should continue with legacies of globalization and it should continue to be embraced in the world around us. Mr. Dallaire states that all humans should be equal and no one should be placed above one another." If we believe that all humans are humans then how are we going to prove it?" Globalization has also helped to improve many third world

The Impact And Effects Of Computers In Our Society Today

619 words - 2 pages The impact and effects of computers in our society today Computers plays an essential role in our the world today. It has made things extremely easier. Most BIG business are based on using computers. Despite the fact that it has made things easier, it also has some disadvantages as well. Secretaries for example, are finding that when they are applying for a job, it is essential to have experience in using computers, in this competing world

Dominican Republic's Policies And Its Effects On Its Globalization

1710 words - 7 pages countries, as well as ones which promoted self-dependency, have had positive effects on the globalization of the Dominican Republic, ultimately leading the country to succeed.The establishment or re-establishment of relationships with other countries enabled the Dominican Republic to better its country by reaping the benefits of these relationships. Recently, in 2004, the Dominican Republic agreed to a trade deal with the United States, which would

Psychedelic Music, Its Origins, And Its Effects On Music Today

1438 words - 6 pages Psychedelic Music, Its Origins and Its Effects on Music Today Psychedelia in music has been around for a long time and has changed much of the popular music of today. The dictionary definition of psychedelic is, “of or noting a mental state characterized by a profound sense of intensified sensory perception, sometimes accompanied by severe perceptual distortion and hallucinations and by extreme feelings of either euphoria or despair.” It