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NameCourseTutorUniversityDateDefinition of globalisationGlobalization is the process that brings ab proscribed the integration of markets , production and spreading networks across national and regional boundaries . Market can great deal the found of consumer markets , or financial market . Production as a factor of globalization entails manufacturing and intellectual processes used to develop productions and go across countries and regional boundaries . The other factor of globalization is distribution which encompasses tape driveation networks and bureaucratic infrastructures that support these networks and as intumesce as marketing strategiesThe globalization process came to pass sunk evolution in transport and communications sectors in the morsel half of the twentieth coulomb . This involved aeronautics and exalta tion . The ships that came after(prenominal) the World warfargon II provided cheaper , faster and more efficient transportation for products produced nationally to other split of the ball . Satellite communication inventions displace costs involved in communication Computers have enabled retentiveness and tuition transportation to be fast . Introduction of profit late in the twentieth snow has made information transfer virtually instantaneous . Also globalization was achieved through good government policies that receptive economic bs via financial arrangements that created disdain liberalization e .g . WTO promoted reduction in trade barriersThe reasons why globalization occurred are related to growth in multinational corporations which were common after World War II . These first dealt with export trade but later indulged in foreign direct investing . They brought about globalization in production and marketing of their products and servicesTo imbibe where globalizati on occurred is usually not easy Some bulk a! rgue that it is not a global phenomenon because it is believed to have occurred where at that place was large consuming course of study of nation who could establish multinational corporations products . Also it happened where education levels were mettle almost because these people could pilot technology required as considerably as where semipolitical stability was presentProblems associated with globalizationProblems associated with globalization in the 20th and 21st century includes : globalization has been blamed for the rise in income inequality that has occurred amidst nations of the world as well as within the nations themselves . This means some nations have become richer than others and also split of some countries /nations have been marginalized economicallyIt has also led to a decline of nation-state and tralatitious nation sovereignty . It can be argued that globalization doesn t acknowledge individual countries to address domestic ills concord to their in ternal ethnic and political situationAnother problem is that globalization exploits workers . In some parts of the world Multinational Corporations really underpays their workers . This may be as a result of finding out that they are the lone(prenominal) source of employment in those parts of the WorldGlobalization has been blamed for exportation jobs . This means the qualified and trained personnel with high expertness are taken to other countries to ravel multinational corporations . This is a kind of brain drain message that such people cannot be used by the democracy back root word when they most need themIt also leads to harming of the environment . This is...If you want to overhear a full essay, order it on our website: BestEssayCheap.com

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