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  and the growth of , that has expanded in the past 50 years. Portugal's exploration and trade with most of the coast of , Eastern , and Southern and Eastern , was the first major trade based form of globalization. A wave of , , and  reached every corners of the world. Global incorporation continued through the expansion of European trade in the 16th and 17th centuries, when the  and  , followed eventually by France and Britain. Globalization was achieved by the  (the largest empire in history) due to its size and power. British ideals and culture were liberate on other nations during this period.

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And ofcourse the inequalities between trade and aid must happen,

Globalization is not working for the most poor people in the developing countries, because when there are lot of factories in the developing countries, the prices of the products also raise. 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 ...

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