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 ***** musical fusion and more, globalization emerged as a significant, new *****view ***** 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 f*****cilitation ***** globalization during ***** 1990s. As a result, there *****re 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 of the glob*****lization boom of the 1990s, we now live in a ***** ***** which markets, media, law, corporations, labor, scientific research and advocacy groups are international, multinational, and multicultural. This has 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 of food choices, ***** Spanish, French, Italian, Thai, Middle Eastern, Indian, Mexican, Chinese and *****.

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

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

***** ***** implications for other technologies (*****, 2000). The advances in biotechnology ***** nanotechnology mean that we now ***** an incredible underst*****ding of and control over the fundamental building blocks of all living things. These advances *****ow 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 (*****), the rapid growth of technology in the ***** has ***** implications ***** people around the world today. "Information exchange is an **********, often *****looked, aspect of *****. For instance, direct foreign investment brings not only an ***** of the physical capital stock, but ***** technical innovation. More generally, k*****ledge about production methods, m*****agement 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)."

***** 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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