• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Globalization summary

Extracts from this document...


Globalization Globalization? What is it? It is the process by which businesses or other organizations start operating on a global scale, where this process is a combination of economic, technological, sociocultural and political forces. It had been used since the 19th century, where it viewed as a centuries long process, tracking the expansion of human population and the growth of civilization, that has expanded in the past 50 years. Portugal's exploration and trade with most of the coast of Africa, Eastern South America, and Southern and Eastern Asia, was the first major trade based form of globalization. A wave of global trade, colonization, and civilization reached every corners of the world. ...read more.


Societies like Nepal people only think how companies can fulfill their basic needs, money for better living. While the companies create potential opportunities, poor people cannot take advantage of these unless they have education and access to assets such as land and credit. In terms of such condition, How can globalization help poor people in developing countries to provide their basic needs, like rice, fish and other dairy food when they can't have any advantage of it. Economic activity... Economic in globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies. ...read more.


developed on the basis of increasing cross-border division of labour that has been puncture down to the level of production chains within enterprises of different countries. Mostly located in Africa, Eastern South America, and Southern and Eastern Asia. Quick note: on the reason that the companies decide to go global. I. To use its resources at optimum level. II. To promote and make awareness of Company in global market. III. To gain duty free import of raw material. IV. To gain more & more confidence of Local Government and domestic customers. V. To earn more profit as global market is a very huge market. Picture of Shanghai Starbucks, when the company was recently forced to change its name and picture. ?? ?? ?? ?? ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our International Baccalaureate Geography section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related International Baccalaureate Geography essays

  1. Foreign Talent-Dilemma in Singapore. as we shall explain, illustrate and seek to convince in ...

    "I feel secure whenever I travel because my citizenship engenders full confidence that I will be helped should I face difficulties when abroad. I was especially glad to be a Singaporean when I was in Japan right after the Kobe earthquake as I was assured that I would be guaranteed

  2. Benefits and disadvantages of European expansion

    There is also a common culture that has been set, especially laws that give the people of the EU the same rights. For example, a charter protecting the Europeans from discrimination and racism was made as well as employment regulations.

  1. Food aid: case study

    The project also develops women's capacity to network to help them to improve their livelihood and play a role in civil society. Experimentation Linkage to Tahous Access to credit for developing income-generating activities is extremely limited for women in Niger. The MMD groups (credit and savings groups in CARE's program)

  2. Latin America - history, politics, immigration and literature.

    Likewise if many nations created ramshackle, corrupt and inefficient, but at least partly functioning welfare states to protect part of the population from poverty and variation this was also a product of the left's influence. Despite twenty years of total economic growth (1960-1980), Latin America today is not much better off than it was in the 1950's.

  1. Antarctica Report - the environment and scientific research

    and sink during the summer, with the areas around stations being contaminated from oil and chemical spills. Now, after new laws protecting the environment of Antarctica, waste is being split into many categories, each with a different strategy to stop the release of it into the environment.

  2. Evidence of Globalization in SofiaBulgaria

    But, quality comes with the price. Now with the border free trading, the country is selling almost all of its quality agricultural products/not a lot left/ abroad and is importing low quality ones. This process leaves many people from the agricultural regions without a job, and therefore they have to go to the big city, to find a job.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work