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NameCourseTutorUniversityDateDefinition of globalisationGlobalization is the process that brings ab prohibited the integration of markets , production and ventilation networks crosswise countryal and regional boundaries . Market can occupy the take of consumer markets , or fiscal market . Production as a factor of globalisation entails manufacturing and intellectual processes used to work productions and function across countries and regional boundaries . The other factor of globalization is distribution which encompasses conductation networks and bureaucratic infrastructures that support these networks and too marketing strategiesThe globalization process came to pass by evolution in beguile and conversations sectors in the second half of the twentieth century . This involved aeronautics and shipping . The ships that c ame after the World contend II provided cheaper , faster and more efficient transportation for products produced across the nation to other part of the dry land . Satellite talk inventions bring down costs involved in communication Computers keep back enabled computer memory and education transportation to be fast . Introduction of internet late in the twentieth century has made information transfer virtually fast . Also globalization was achieved through good government policies that capable economic bs via financial arrangements that created consider liberalization e .g . WTO promoted reduction in peck barriersThe reasons why globalization occurred atomic number 18 related to growth in transnational corporations which were common after World War II . These first dealt with export trade but later indulged in foreign direct investiture . They brought about globalization in production and marketing of their products and servicesTo diagnose where globalization occurr ed is usually not easy Some large number ar! gue that it is not a global phenomenon because it is believed to have occurred where in that respect was large consuming frame of people who could afford multinational corporations products .

Also it happened where education levels were racy because these people could master technology required as wellhead as where governmental constancy 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 between nations of the cosmea as well as within the nations themselves . This meat somewhat nations have become richer than others and als o parts of some countries /nations have been marginalized economicallyIt has also led to a decline of nation-state and traditional nation sovereignty . It can be argued that globalization doesn t allow singular countries to address domestic ills match 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 whitethorn be as a result of finding out that they atomic number 18 the only tooth root of employment in those parts of the WorldGlobalization has been blamed for exporting jobs . This means the qualified and trained force with high expertise are taken to other countries to fiddle multinational corporations . This is a sympathetic of brain drain convey that such people cannot be used by the arena back home when they near need themIt also leads to harming of the surround . This is...If you want to get a full essay, order it on our website: OrderEs! say.net

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