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 multiculturalism to musical fusion and more, globalization emerged as a significant, new worldview in the 1990s. Globalization has created a world m*****rket ***** which goods, money, and people cross international borders as freely as possible. Modern transportation and theology, including the Internet, played a key role in the f*****cilitation of globalization during ***** *****. As a result, there *****re many different areas in ***** 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 world ***** which markets, media, law, corporations, labor, scientific research and advocacy groups are international, multinational, ***** multicultural. This has resulted in an enormous increase in multiculturalism around the *****. Thus, globalization has encouraged differences in our daily lives. For example, nearly every city in the world ***** provides its residents with a variety of food choices, *****cluding Spanish, French, Italian, Thai, Middle Eastern, Indian, Mexican, Chinese and *****.

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

***** of the greatest outcomes of globalization is actually the one 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 Americans owned pers*****al computers. While global travel revolutionized our ideas on how ********** other countries are, the widespread expansion ***** ***** Internet dur*****g the 1990s enabled us ***** communicate between two or ***** points in the ***** within seconds.

This ***** implications for other technologies (IMF, 2000). The advances in biotechnology and 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 new devices and systems with potential global effects on individual and public health, safety and way of life across the world.

***** to ***** IMF (2000), the rapid growth of technology in the 1990s has many implications ***** people around the world today. "Information exchange is an **********, *****ten overlooked, aspect of *****. For instance, direct foreign investment brings not ***** an exp*****sion of the physical capital stock, but also technical innovation. More generally, k*****ledge 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, *****)."

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

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