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

globalisation merits and demerits

Page
  1. 1
    1
  2. 2
    2
  3. 3
    3
  4. 4
    4
  5. 5
    5
  6. 6
    6
  7. 7
    7
  8. 8
    8
  • Essay length: 2206 words
  • Submitted: 29/08/2009
Share this essay:
University Degree Teaching

The first 200 words of this essay...

Economics

Index

Contents page no.

Introduction 1

Advantages of globalisation 2-3

Disadvantages of globalisation 3-4

Effects of Globalization on Indian Industry 5

Conclusion 6

webliography 7

Introduction

Globalization or (globalisation) is the process by which the people of the world are unified into a single society and function together. Globalization is often used to refer to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. This process is usually recognized as being driven by a combination of economic, technological, socio-cultural, political and biological factors. The term can also refer to the transnational dissemination of ideas, languages, or popular culture.

Globalization means increasing the interdependence, connectivity and integration on a global level with respect to the social, cultural, political, technological, economic and ecological levels.

Effects of globalization:-

* enhancement in the information flow between geographically remote locations

* the global common market has a freedom of exchange of goods and capital

* there is a broad access to a range of goods for consumers and companies

*

Read more
The above preview is unformatted text

Found what you're looking for?

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

  • "
    This site is absolutely amazing, it will greatly improve your chances of getting the highest possible mark in the coursework and essays required for school, college and university. I would definitely recommend it, it got me my A.
    "
    Shailan, Leicester. A Level Student. Very useful for Biology and Chemistry, also great help in Econo
  • "
    Brilliant, easy website to use, wonderful range of assignments, cheap, quick to get back to you with questions, all round wicked website.
    "
    Gemma Haysman. Chemistry, Physics, Biology, Maths. GCSE Student.

Marked by a teacher

This essay has been marked by one of our great teachers. You can read the full teachers notes when you download the essay.

Peer reviewed

This essay has been reviewed by one of our specialist student essay reviewing squad. Read the full review on the essay page.

Peer reviewed

This essay has been reviewed by one of our specialist student essay reviewing squad. Read the full review under the essay preview on this page.