Globalization
Globalization is a process of global economic, political and cultural integration. It has made the world become a small village; the borders have been broken down between countries. ''The history of globalization goes back to the second half of the twentieth century, the development of transport and communication technology led to situation where national borders appeared to be too limiting for economic activity''.
Economic Processes
Globalization has created a new opportunities for developing countries. Such as greater opportunities to access developed countries markets, growth and improved productivity and living standards.But it has also brought up new challenges such as, environmental deteriorations,instability in commercial and financial markets, increase inequity across and within nations.The developed countries were able to invest in the developing nations, creating job opportunities for the poor people.One the most important advantages of globalization are goods and people are transported easier and faster as a result free trade between countries has increased.
Globalization has created a new opportunities for developing countries. Such as greater opportunities to access developed countries markets, growth and improved productivity and living standards.But it has also brought up new challenges such as, environmental deteriorations,instability in commercial and financial markets, increase inequity across and within nations.The developed countries were able to invest in the developing nations, creating job opportunities for the poor people.One the most important advantages of globalization are goods and people are transported easier and faster as a result free trade between countries has increased.
Education and Health Systems
Globalization contributed to develop the health and education systems in the developing countries.Through growth in economic, living standards and life expectancy for the developing nations certainly get better. With more fortunes poor nations are able to supply good health care services and sanitation to their people.
Culture Effects
Many developing countries cultures has been changed through globalization, and became imitate others cultures such as, America and European countries.Today we can see clearly a heavily effect that caused by globalization to the young people in the different poor nations, it is very common to see teenagers wearing Nike T-Shirts and Adidas footwear, playing Hip-Hop music, using Apple ipad and iphone and eating at MacDonald, KFC and Domino's Pizza.
Culture Effects
Many developing countries cultures has been changed through globalization, and became imitate others cultures such as, America and European countries.Today we can see clearly a heavily effect that caused by globalization to the young people in the different poor nations, it is very common to see teenagers wearing Nike T-Shirts and Adidas footwear, playing Hip-Hop music, using Apple ipad and iphone and eating at MacDonald, KFC and Domino's Pizza.
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