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Sunday, July 12, 2020

We Live In A Liquid World. Critically Discuss This Statement Essay

We Live In A Liquid World. Critically Discuss This Statement Essay We Live In A Liquid World. Critically Discuss This Statement â€" Essay Example > Role of Globalization in Determining how People Live with OthersGlobalization is the increase in connectivity and interdependence of markets, businesses and people all over the world. It is the process describing the spread and linking of trade, communication, production and technological innovations all over the globe. Globalization is an advancement which steadily restructures interactive phases among countries by removing barriers in the fields of culture, communication, economic trade, mobilization of resources among other areas. It is a process involving the intensification of politics, economies and social relations across national boundaries. It is the process that transforms isolated economies scattered all over the world to a unified global economy. Many scholars have defined globalization differently, but many agree that it is a process aimed at bringing goods, services, communication and trade ties closer to the people all over the world. Through this, the world has bee n turned into a global village where goods and services are transferred easily to areas where their demand exists (Nazombe, 2006). The process of globalization has transformed the lives of people all over the world in many ways and definitely changing their styles of living. The process has brought both positive and negative effects to majority of people all over the world causing fortune to some and disadvantage to others. The constant search for money and wealth by people as they desire to improve their standards of living and meet their basic needs has thrived nations’ economies. As a result, this has lead to increase in income inequalities, violation of basic human rights and increase in environmental pollution. The process of globalization whether positive or negative, is inevitable and continues to transform the lives of people in many different aspects. In this regard it is good for the world to accept such changes and create new mechanisms that can help the world in adap ting to these changes. The process has greatly been influenced by technological advancements especially in the last two decades making it easier for people to move, communicate and participate in international trade. The process of globalization has created an opportunity for the world to disseminate ideas, practices and share in technological advancements. It has brought modernization of the world as many nations seek to be universally linked to the rest of the world. The process has caused internationalization and the liberalization of markets all over the world. Globalization has many benefits as well as costs (Goldberg and Pavcnik, 2003). Many countries have succeeded through well managed globalization measures while others have remained vulnerable due to poor planning or lack of planning for the process. Globalization has influenced the behaviors of people by a great extent over time. The connectivity of the world through road, railway, sea and air has enabled many people from different nations to meet and interact freely. Many people have changed or transformed their way of living through the adoption of foreign cultures and living styles. Globalization has greatly helped the tourism industry to thrive though not evenly across the globe. Through tourism, people have learnt about other peoples’ cultures and possibly copying them. The tourism industry in Europe has been growing in the last decade and many people from all over the world have visited tourist attraction sites in this continent while others have changed their nationality to countries of choice and consequently relocating to foreign countries.

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