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13 January, 19:17

Define globalization. Then give one example of where you see globalization in the world today.

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  1. 13 January, 19:34
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    The globalization can be seen and defined from three different perspectives, the economic, political, and the cultural one.

    In the economy, the globalization is a process by which businesses or other organizations develop international influence or start operating on an international scale.

    In the politics, it is a process in which the governments develop closer and open relations.

    Culturally, the globalization is a process of interaction or integration among people.

    An example of the globalization are the large corporations that have affiliations all over the world. For example: an American corporation has a factory in Thailand. The factory produces something. The product is than taken back to the USA, and after that sold on the home market, around the world, or maybe even Thailand in which the product was initially made.
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