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


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Globalization is best defined as a process of increasing interdependence between all people in the world. From fashion to the environment to multiculturalism to musical fusion and more, globalization emerged as a signific*****nt, new worldview ***** ***** 1990s. Globalization has created a world market in 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 facilitation of globalization during the 1990s. As a result, there are many different are***** in which worldwide perspectives, influences, and interactions during this time period altered daily existence for Americans and other citizens of the world.

As a result ***** the globalization boom of the *****, we now live in a ***** ***** ***** *****s, 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 now provides its residents with a v*****riety of food choices, ***** Sp*****ish, French, Italian, Thai, Middle Eastern, Indian, Mexican, Chinese ***** more.

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

***** of the greatest outcomes of globalization is actu*****y ***** ***** 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 1990s, most ***** owned personal computers. While global travel revolutionized our ideas on how *****ible other countries are, the widespread expansion ***** the *****ternet dur*****g the 1990s enabled us ***** communicate between two or more points in the world with***** seconds.

This ***** implications for other technologies (IMF, 2000). The advances in biotechnology and nanotechnology mean that we now have an incredible underst*****ding of and control over the fundamental building blocks of all living things. These ***** allow us to invent ***** 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 ***** has many implications for people around the world today. "In*****mation exchange is an *****tegral, *****ten overlooked, aspect of *****. For instance, direct foreign investment brings not ***** an exp*****sion ***** 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 resource for the developing countries (IMF, *****)."

While globaliz*****ion 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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