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NameCourseTutorUniversityDateDefinition of globalizationGlobalization is the process that brings ab proscribed the integration of markets , production and dispersal networks across national and regional boundaries . Market can take the found of consumer markets , or financial market . Production as a factor of globalization entails manufacturing and intellectual processes used to create 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 well as marketing strategiesThe globalization process came to pass finished evolution in transport and communications sectors in the second half of the twentieth coulomb . This involved aeronautics and shipping . The ships that came after the World warfare II provided cheaper , faster and more efficient transportation for products produced nationally to other split of the world . Satellite communication inventions displace costs involved in communication Computers have enabled retentiveness and tuition transportation to be fast . Introduction of profit late in the 20th century has made information transfer virtually instantaneous . Also globalization was achieved through good government policies that opened 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 investment . They brought about globalization in production and marketing of their products and servicesTo describe where globalization occurred is usually not easy Some people argue that it is not a global phenomenon because it is believed to have occurred where there was large consuming course of study of people who could afford multinational corporations products .

Also it happened where education levels were mettlesome because these people could master technology required as considerably as where political 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 between nations of the world as well as within the nations themselves . This means some nations have become richer than others and also parts of some countries /nations have been marginalized economicallyIt has also led to a decline of nation-state and traditional nation sovereignty . It can be argued that globalization doesn t allow individual countries to address domestic ills concord to their internal cultural 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 only source of employment in those parts of the WorldGlobalization has been blamed for exporting jobs . This means the qualified and trained personnel with high expertise 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 home when they most need themIt also leads to harming of the environment . This is...If you want to get a full essay, order it on our website: Orderessay

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