Globalization - What is it?

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Globalization

What is it?

Globalization is huge. It funds and fuels the common markets of today. It is the multi-national system of trade, communication and service that we have come to expect from nearly any place on our planet. And is has been molded into a system that communities globally require to survive. Not only this but it has allowed a huge increase in the mobility of technology and capital throughout the world, offering increased production and business links in smaller communities globally. One thing that has not been so apparent in its recent developments is that globalization has rapidly increased with new technologies, most notably that of telecommunications.

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One ever-present technology forefront is that of mobile technology. Take the UK Company Three, with its regional video satellite network. This company will soon provide the public with video conferencing over wireless technology, enabling people to communicate whenever, regardless of time or place. With advancements like this, it won’t be long before people can communicate globally. The possibilities of this technology are virtually endless. But more on a multi-national basis, and a fine example of how powerful globalization has been, take Microsoft. Now Microsoft has played the part in world communications and interactivity for nearly 20 years. In that ...

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