Essay - Globalization is Best Defined as a Process of Increasing Interdependence...

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Globalization is best defined as a process of incre*****sing interdependence between all people in the world. From fashion to the environment to multicultural*****m ***** musical fusion and more, globalization emerged as a signific*****nt, new worldview in the 1990s. Globalization has created a world market in which goods, money, and people cross international borders as freely ***** possible. Modern transportation and theology, including the Internet, played a key role in the facilitation ***** globalization during the *****. As a result, there are many different areas in which worldwide perspectives, influences, ***** interactions during this time period altered daily existence for Americans and other citizens of the world.

As a result ***** the glob*****lization boom of the 1990s, we now live in a ***** ***** ***** markets, media, law, corporations, labor, scientific research and advocacy groups are international, multinational, and multicultural. This ***** resulted in an enormous increase in multiculturalism around the world. Thus, globalization has encouraged differences in our daily lives. For example, nearly every city in the world ***** provides its residents with a variety ***** food choices, ***** Sp*****ish, French, Italian, Thai, Middle Eastern, Indian, Mexican, Chinese ***** *****.

In America, and many ***** nations, citizens have daily access to multiculturalism not only in restaurants, but also in areas of *****, education, finance, technology, and religion. We are more likely to understand and accept ***** from various cultures than perhaps our gr*****parents were. The conception of multiculturalism is constantly enabling ways in which ***** cultures could further understanding and recognize one another.

One of the greatest outcomes of globalization is actually the ***** that made it possible- the rapid spread of technology (IMF, 2000). In the 1980s, businesses began investing in technology on a large scale. By the *****, most ***** owned pers*****al computers. While global travel revolutionized our ideas on how accessible other countries are, the widespread expansion ***** the Internet ***** the 1990s enabled us to communicate between two or more points in the world with***** seconds.

***** has implications for other technologies (*****, 2000). The advances in biotechnology ***** nanotechnology mean that we now ***** an incredible understanding of and control over the fundamental building blocks of all living things. These advances allow ***** to invent ***** devices and systems with potential global effects on individual and public health, safety and way of life across the world.

According to ***** IMF (2000), the rapid growth of technology in the ***** has ***** implications ***** people around the world today. "Information exchange is an *****tegral, *****ten *****looked, aspect of globalization. For instance, direct foreign investment brings not ***** an exp*****sion ***** the physical capital stock, but also technical innovation. More generally, knowledge about production methods, management techniques, export markets and economic policies ***** available at very low cost, and it represents a highly valuable res*****ce for the developing countries (IMF, 2000)."

While globalization has created many opportunities for people, USA Today writer Daniel Yergen points out that ***** is a dark side of globalization. According to Yergen


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