Choice 3: What are the positive and negative effects of globalization? Why do people fear the movement to create a one-world government?
Globalization is a concept used to describe the changes in society and the economy in the world. It was created by the growth of linkages and exchanges between countries, organizations, or individuals in the cultural, economic, and social on a global scale. Nature of globalization is the extended the market beyond national borders (Angus, 2009). The first wave of globalization is from 1492 to 1760. It is marked by the fact Christopher Columbus discovered the Americas and the development of colonialism in the world. The second wave of globalization is from 1760 to 1980. It is marked by the first industrial revolution in England. It confirms the dominant role of transnational corporations in the global economy. From 1980 to now, the extensive development of biotechnology, information technology, and electronics has created the third waves of globalization and narrows the gap between countries in the world (business.
Globalization is a development process. It is not only limited in economic, political, but also extends to aspects of culture, society and way of life. Globalization offers the world including developed countries and developing countries have strong impacts. Not only are the positive effects but also negative effects.
On the negative aspect, globalization has increased the development gap and disparity between rich and poor. We have a large polarization between rich countries and the poor countries with the extreme difficulties to the extreme and the debts piling inability to pay. The developing countries and less developed countries suffer more challenging due to issues of globalization poses than developed countries. The rise of inequality and social injustice caused discontent in the country and the poor class. It is the result of the...