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 worldview ***** ***** 1990s. Globalization has created a world m*****rket 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 of globalization during ***** *****. As a result, there are many different areas in ***** worldwide perspectives, influences, and interactions ***** this time period altered daily existence for Americans ***** other citizens of the world.

As a result of the globalization boom ***** the 1990s, we now live in a ***** ***** which markets, media, law, corporations, labor, scientific research and advocacy groups are international, multinational, ***** 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 ***** world now provides its residents with a v*****riety of food choices, ***** Spanish, French, Italian, Thai, Middle Eastern, Indian, Mexican, Ch*****ese and *****.

In America, and ***** other nations, citizens have daily access to ***** not only in restaurants, but also in areas of media, education, finance, technology, and religion. We are more likely to understand and accept ***** from various cultures than perhaps ***** 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 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 *****, most ***** owned personal computers. While global travel revolutionized our ideas on how ********** other countries are, the widespread expansion ***** the Internet dur*****g ***** 1990s enabled us to communicate between two or more points in the ***** within seconds.

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

***** to ***** IMF (*****), the ***** growth of technology in the ***** ***** many implications ***** people around the world today. "Information exchange is an integral, *****ten overlooked, aspect of globalization. For instance, direct foreign investment brings not ***** an ***** ***** 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 ***** (IMF, 2000)."

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

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