Essay by johnchinUniversity, Bachelor'sB, July 2009

download word file, 19 pages 4.0

DefinitionGlobalize :to extend to other or all parts of the globe; make worldwide: efforts to globalize the industry.

Before we begin what globalization is , it is obvious that the definition of globalization is to extend all the possible opportunities , scopes and application to the world at large. It is a good idea in the present trend of a borderless world and which is accessible at a click of the computer.

Well, is globalization a process that all the citizens of the world would benefit from the reality of implementation of globalization or just an ivory tower? It is arguable at the juncture of discussion as it is a slow and tedious process . How fast are we to catch the train of globalization?Globalization is an historical process that began with the first movement of people out of Africa into other parts of the world. Traveling short, then longer distances, migrants, merchants, and others have always taken their ideas, customs, and products into new lands.

The melding, borrowing, and adaptation of outside influences can be found in many areas of human life.

Globalization (globalisation) in its literal sense is the process of transformation of local or regional phenomena into global ones. It can be described as a process by which the people of the world are unified into a single society and function together.

This process is a combination of economic, technological, socio-cultural and political forces. Globalization is often used to refer to economic globalization, that is, integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology.

The United Nations ESCWA has written that globalization "is a widely-used term that can be defined in a number of different ways. When used in an economic context, it refers to...