Globalization Brings Opportunities And Challenges

Name: Ahmad zreika Student ID:201415689 Date:17 Nov/2015 Globalisation bring both opportunities and challenges. Discuss It might not be the first time that you hear about what is called globalization, but you have never thought what does it exactly means and what are its elements because it is not easy to be defined .In a brief summary, Three main elements are involved in the process of globalization which are the people, companies, and governments of different countries in which they unite or collaborate together to be able to trade different objects or materials internationally. This process is well known for its effects on our environment, economy, society, culture, and politics which may be positive for some and negative for others. In other words, globalization is making countries all over the world close to each other in many ways. Advances in technology such as internet, airplanes, Media, and mobile phones facilitated the transport and communication between countries[t]. This means that the exchange of goods became quicker and less complicated. Globalization is basically of 3 types which are po litical, economical, and cultural but less typical types to talk about are the ecological and military globalization. However, each type has its own pros and cons depending on the country and situation1. -The economic sphere is the major catalyst for globalization and is at the same time the most affected area. Many countries are searching for new markets andShow MoreRelatedGlobalization Paper1190 Words   |  5 PagesGlobalization Paper GBM/380 January 10, 2011 Professor Jing Liu Globalization Globalization can be viewed as one of the major influences for the world’s progressions over the past centuries. It is comprehended that globalization has the potential to make countries and societies richer via free trading or little trade barriers providing knowledge and information to people around the world. 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