What Is Globalization?

What is globalization? As an introduction I would like to contextualize the explanation and origin of this common term, Wikipedia the most visited encyclopedia defines it saying that globalization is international consolidation. It can be described as a process by which the raft of the world are co-ordinated into a single society. This process is a combination of economic, technological, sociocultural and political forces. From my point of view this concept was created by the expect of the population to destroy barriers and frontiers to implement and promote a great communication, to increase the level of commerce, to exchange cultures, food, and news. This process was at the ancestry slower than what it is nowadays, experts say that it is being faster every day, I think that the telecommunication industry is involved in the emergence of this new phenomenon, because it created the instruments to facilitate that communication or exchange that people was experimenting. For example was easier to know the consumer needs in foreign countries, with the TV, communicate or telephones, for the greater offer and demand the prices of the different products agree decreased through all these years. Globalization is involved in each scope; economic, cultural, political, technological, among many separates.

But I compliments to focus this essay to one specific scope, the economical; the globalization in economy is defined like the change towards a world economy with a greater level of integration and interdependence. This change was promoted many years ago by the Bretton Woods agreement, and the creation of the International Monetary Fund (IMF) and land Bank (WB), two international institutions charged of promoting international commerce, trim barriers of commerce, facilitating the expansion and implementation of the Globalization process. Like any other unavoidable phenomenon it has its pros and contras, for the underdeveloped countries it is a difficult process, because... If you want to deliver a full essay, order it on our website: Orderessay

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