Buhle Dubazane - Academia.edu (original) (raw)

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Globalization has many definitions but to what I understand, it is an ongoing process that occurs... more Globalization has many definitions but to what I understand, it is an ongoing process that occurs, an international process where there is greater trade and communication. Globalization has created international networking for both developed and developing countries. It encourages competition for developing countries towards developed countries. For developing countries, competing in a global market creates more favorable opportunities to boost their economies. It has had a positive impact in creating vast majority of setting modern trends. The world economy has become increasingly dependent on each other for a long time. Globalization is a process, which has always been around, it, did not just suddenly start. Due to the rapid increase and the development of technology, globalization has become obvious to us and has gotten stronger and visible to everyone. The process of globalization has increased; the good things globalization has done are too many, but important ones include improved trade, increased labor, capital mobility and improved technology,

Globalization has many definitions but to what I understand, it is an ongoing process that occurs... more Globalization has many definitions but to what I understand, it is an ongoing process that occurs, an international process where there is greater trade and communication. Globalization has created international networking for both developed and developing countries. It encourages competition for developing countries towards developed countries. For developing countries, competing in a global market creates more favorable opportunities to boost their economies. It has had a positive impact in creating vast majority of setting modern trends. The world economy has become increasingly dependent on each other for a long time. Globalization is a process, which has always been around, it, did not just suddenly start. Due to the rapid increase and the development of technology, globalization has become obvious to us and has gotten stronger and visible to everyone. The process of globalization has increased; the good things globalization has done are too many, but important ones include improved trade, increased labor, capital mobility and improved technology,

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