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NameCourseTutorUniversityDateDefinition of globalisationGlobalization is the process that brings ab proscribed the integration of markets , production and airing networks across national and regional boundaries . Market can concern the found of consumer markets , or financial market . Production as a factor of globalization entails manufacturing and intellectual processes used to make believe productions and go across countries and regional boundaries . The other factor of globalization is distribution which encompasses tape driveation networks and bureaucratic infrastructures that support these networks and as salutary as marketing strategiesThe globalization process came to pass accurate evolution in transport and communications sectors in the sustain half of the twentieth coulomb . This involved aeronautics and tra nsportation . The ships that came aft(prenominal) the World warf ar II provided cheaper , faster and more efficient transportation for products produced nationally to other split of the initiation . Satellite communication inventions displace costs involved in communication Computers have enabled retentiveness and tuition transportation to be fast . Introduction of profit late in the twentieth one C has made information transfer virtually instant(prenominal) . Also globalization was achieved through good government policies that open economic bs via financial arrangements that created disdain liberalization e .g . WTO promoted reduction in sell barriersThe reasons why globalization occurred are related to growth in multinational corporations which were common after World War II . These first dealt with export trade but later indulged in foreign direct investing . They brought about globalization in production and marketing of their products and servicesTo make out whe re globalization occurred is usually not eas! y Some hoi polloi argue that it is not a global phenomenon because it is believed to have occurred where there was large consuming course of study of mass who could submit to multinational corporations products .

Also it happened where education levels were mettle most because these people could eclipse technology required as considerably as where political stability was presentProblems associated with globalizationProblems associated with globalization in the 20th and 21st century includes : globalization has been blamed for the rise in income inequality that has occurred betwixt nations of the world as wel l as within the nations themselves . This marrow some nations have become richer than others and also move of some countries /nations have been marginalized economicallyIt has also led to a decline of nation-state and tralatitious nation sovereignty . It can be argued that globalization doesn t set aside individual countries to address domestic ills concord to their internal cultural and political situationAnother problem is that globalization exploits workers . In some parts of the world Multinational Corporations really underpays their workers . This may be as a result of finding out that they are the simply source of employment in those parts of the WorldGlobalization has been blamed for exporting jobs . This means the qualified and trained personnel with high expertise are taken to other countries to ravel multinational corporations . This is a kind of brain drain message that such people cannot be used by the democracy back shoes when they most need themIt also l eads to harming of the environment . This is...If yo! u want to yield a full essay, order it on our website: BestEssayCheap.com

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