Globalisation means the increased economic and cultural integration of peoples around the world. It can also mean the spread of political ideologies, such as democracy. However you choose to define it, there are many advantages inherent to the process.
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Globalisation has a net positive effect on the world economy. The freeing up of regulations that inhibit globalisation allows money to move more freely. This, in turn, allows investors from more affluent areas of the world to invest their money into growing economies. It also allows for corporations to expand their operations and businesses into these areas, providing goods and services for those in the area. This also increases the number of available jobs in an area.
General education levels increase due to the demands of globalisation. Communications technology makes the world a smaller place. Because of this, people are forced to become aware of larger, worldwide concerns. In response to this need, governments, academic institutions and corporations have begun to collaborate in an effort to produce better educated citizens. This is evident in areas such as curriculum reform, where what is taught is changed to better accommodate the globalisation paradigm.
Access and Flow of Information
Globalisation makes it easier for people to access information while simultaneously increasing the amount of information available. Communications technologies such as the Internet are available in many areas around the world. As a consequence, people on all levels of society are becoming better informed. Governments, agencies and companies can now use these advanced communication technologies to convey information across a much larger audience than was possible before the advent of such technologies. Access and easy distribution of information makes the world a smaller place.
Making the world a smaller place through globalisation also promotes peace and cooperation. Countries become more aware of one another. They also become more interdependent as they come to rely on each other for imports and exports of goods and services. Because of this increasing interdependence and awareness, the likelihood of warfare is reduced. This type of cooperation also creates beneficial competition, where international businesses must create the highest quality products in order to compete with others.
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