have you experienced globalization essay

Essay on Globalization for Students and Children

500+ words essay on globalization.

Globalization refers to integration between people, companies, and governments. Most noteworthy, this integration occurs on a global scale. Furthermore, it is the process of expanding the business all over the world. In Globalization, many businesses expand globally and assume an international image. Consequently, there is a requirement for huge investment to develop international companies.

How Globalization Came into Existence?

First of all, people have been trading goods since civilization began. In the 1st century BC, there was the transportation of goods from China to Europe. The goods transportation took place along the Silk Road. The Silk Road route was very long in distance. This was a remarkable development in the history of Globalization. This is because, for the first time ever, goods were sold across continents.

Globalization kept on growing gradually since 1st BC. Another significant development took place in the 7th century AD. This was the time when the religion of Islam spread. Most noteworthy, Arab merchants led to a rapid expansion of international trade . By the 9th century, there was the domination of Muslim traders on international trade. Furthermore, the focus of trade at this time was spices.

True Global trade began in the Age of Discovery in the 15th century. The Eastern and Western continents were connected by European merchants. There was the discovery of America in this period. Consequently, global trade reached America from Europe.

From the 19th century, there was a domination of Great Britain all over the world. There was a rapid spread of international trade. The British developed powerful ships and trains. Consequently, the speed of transportation greatly increased. The rate of production of goods also significantly increased. Communication also got faster which was better for Global trade .

Finally, in 20th and 21st -Century Globalization took its ultimate form. Above all, the development of technology and the internet took place. This was a massive aid for Globalization. Hence, E-commerce plays a huge role in Globalization.

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Impact of Globalization

First of all, Foreign Direct Investment (FDI) increases at a great rate. This certainly is a huge contribution of Globalization. Due to FDI, there is industrial development. Furthermore, there is the growth of global companies. Also, many third world countries would also benefit from FDI.

Technological Innovation is another notable contribution of Globalization. Most noteworthy, there is a huge emphasis on technology development in Globalization. Furthermore, there is also technology transfer due to Globalization. The technology would certainly benefit the common people.

The quality of products improves due to Globalization. This is because manufacturers try to make products of high-quality. This is due to the pressure of intense competition. If the product is inferior, people can easily switch to another high-quality product.

To sum it up, Globalization is a very visible phenomenon currently. Most noteworthy, it is continuously increasing. Above all, it is a great blessing to trade. This is because it brings a lot of economic and social benefits to it.

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Threat or salvation? The way in which people judge globalization depends on their own experiences. They carry more weight than forecasts of potential gains. This has been shown in an experiment by researchers at the University of Basel.

03 November 2022 | Noëmi Kern

For decades, global political and economic relations have been seen as the secret to greater prosperity, and have therefore been consistently nurtured and intensified. Recently, however, the process of globalization has faltered – people have become more critical of this political and economic integration, by which they mean the opening up of goods, service and labor markets and a reduction in the scope of political decision-making. “We’re even seeing a counter-trend, a kind of ‘disintegration’. Examples include Brexit, the more protectionist US trade policy, a certain drifting apart in the EU and the tensions in the relationship between the EU and Switzerland,” says Rolf Weder.

The Professor of International Trade and European Integration at the University of Basel and his co-authors in Basel and at the Chapman University (USA) wanted to know how the prospect of gains arising from globalization affects the behavior of individuals. In other words, is support for economic integration dependent on the absolute value and distribution of potential gains? The researchers have reported on their findings in the journal Experimental Economics .

Different scenarios observed

The researchers conducted an experiment with 900 people, based on a case in which economic integration held out the prospect of higher financial gains for the study participants than a closed economy. It was difficult to actually realize these gains, however, as they were hypothetical and demanded cooperative behavior.

The researchers investigated the way in which potential gains influence behavior by observing the responses of test subjects in different scenarios. The gains varied according to the treatment group and were distributed in different ways. The subjects were subsequently able to decide whether, based on their experiences, they would prefer to continue in an integrated economy or return to a closed economy.

“This approach has the advantage of enabling us to control numerous influencing factors. This was crucial for the issue under investigation,” adds Rolf Weder. The data collected allowed for a targeted evaluation that would have been almost impossible outside the laboratory.

Experience carries more weight than good prospects

The experiment confirms that not everyone benefits from globalization, despite integration promising potential gains for all. The unequal distribution of gains, however, has no influence on the extent to which those involved support economic integration and how effectively they cooperate when it comes to realizing the promised gains.

Rather, support for globalization depends on the individual’s own experience with economic integration. “Based on our findings, the subjects can be described as ‘economically rational’ – and we hadn’t expected to see such an unambiguous result,” says the economist. He adds that personal experience tended to carry more weight than projections or promises, so according to this experiment, showing people the potential gains of globalization would do little to convince them of the benefits of economic integration.

Loss does not automatically mean rejection

The opposite is also the case – the easier it is for individuals to benefit, the more they support globalization. At the same time, this reduces the likelihood of them being among the losers. Confidence in the central institutions that stabilize the global economy is a key factor in this. “There is currently a large deficit here, however,” Weder points out.

But even the losers of globalization are not fundamentally averse to economic and political integration. The more the state cushions the impact by providing them with temporary support in the form of social measures, the lower the level of rejection is likely to be. “For me, this provides confirmation of the established mechanisms in countries like Switzerland and highlights the weaknesses of systems like the one in the US,” says Weder.

“It would now be interesting to investigate how people react when they have the opportunity to compensate the losers, offsetting their losses by sacrificing part of their own gains, for example. We’re only just getting started with these kinds of analyses in the lab,” he concludes.

This project received substantial support from the SNSF. The experiments were conducted in the laboratory of Chapman University in Orange, California (USA ).

Original publication:

Gabriele Camera, Lukas Hohl, Rolf Weder Inequality as a barrier to economic integration? An experiment. Experimental Economics (2022), doi: 10.1007/s10683-022-09777-4

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Globalization Essay Sample and Tips

It makes no matter at what department you study because you have no chances to avoid conducting a globalization essay. This is the most widely used theme and an awful lot of colleges are assigned to do this task. Crafting essays require certain skills and experience. Nevertheless, it doesn’t mean that you won’t cope with this task. You just ought to be attentive to several phases that are an integral part of an essay!

How to Deal with Globalization Essays?

Firstly, you shouldn’t start writing without researching the theme and studying the references. This type of assignment shouldn’t consist of only your thoughts and insights (valid facts and statistical data are an integral part of a globalization essay).

The most critical part of an essay is a preface. For that reason, you need to focus on this part and consider what particular facts can catch the targeted audience and what facts you ought to avoid. The main tone of your essay should be attractive and intriguing. The best solution is to start with an informative foreword, specify the meaning of globalization within the framework of your theme.

Working on body paragraphs, you ought to bear in view that this is the most informative part of your essay. Commonly, you should subdivide them into three or five parts. Each paragraph should be devoted to a particular idea. Otherwise stated, you should cover one idea and proceed to another one in the next paragraph. Don’t forget about the addendum of different supporting elements. You can discern about absolutely different aspects of globalization, its impact on a particular area, the global scale etc.

Working on a concluding part of your essay, you should be very attentive because this is a final part of your writing. Your overarching target is to separate out the most consequential constituents that have already been mentioned before. This part is devoted to making a conclusion, so make it! Don’t even try to develop new ideas in this part!

Having analyzed the main aspects of doing a globalization essay, it is high time to showcase how to do this in practice. Read our sample below and start working on your own essay which will amaze the targeted audience. If you don’t know how to write your paper properly, you can always buy essay online on our website.

Globalization Essay Sample: The Development of Globalization in the Last Three Decades

In very deed, globalization has implications for the social standard of living. Its fast formation influenced different spheres of life, including the ecumenic social, economic and political integration. Nevertheless, it doesn’t mean, it influenced the life of humans only in a positive manner. In sober fact, adverse factors also exist.

Firstly, we should note, globalizing influenced the general growth of the international economy. In current times, some branches of science received an excellent feasibility to come into the lives of the latter-day human beings. Millions of people have already experienced its benefits.

The rapid economic growth and development of some countries are the main causes of globalization. Having got an opportunity to develop on a worldwide basis, lots of modern companies became more prolific and affluent. Today, we notice a competitive activity amid these countries (each of them is trying to prove that their product or service is the best one on the market). A fast development of business activities reduced the jobless rate – lots of people have finally found employment and can not only make their living but grow professionally as well.

Today, more and more people start traveling. It is possible to visit any country or any continent in current times. Some people travel for business purposes, the other part of them wish to visit foreign countries with the aim to make themselves familiar with their culture and mode of living.

We can’t avoid some adversarial factors of globalization. In sober fact, it also cast a pall over the modern society. We should also mention the too rapid development of epidemic illnesses which travel from one country to another one. Modern governments take measures to control this situation but these measures aren’t always successful.

Though negative factors also exist, the number of privileges is bigger. We can only hope that in the near future, the state governments will change the situation for the better.

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Globalization Essay Explained: Great Tips And Examples

Writing an essay on globalization is very common. Globalization is a broad subject, and you need to narrow down the essay topic.

As a concept and topic, globalization has had an immense impact on the running of the world today. These days, people consume products made by manufacturers who are miles away in other countries, and this is a result of globalization.

Globalization is a common topic in business and economics books

Thus, it’s ideal for teachers to assign students essays on globalization. Such pieces not only improve the writing ability of students but also help learners to understand the way the world works. Thus, it’s necessary to ensure globalization is one of the topics in class.

The Best Way To Start Writing An Essay On Globalization

Most students find it challenging to write a good essay. Besides, students usually complain about the difficulty of creating a good introduction to a topic. Starting an essay isn’t always easy, which is why most students look for essay writing help.

Introductions are a crucial part of an essay because they reveal the focus of the writer and determine whether an audience will read the entire paper or not. That’s why writers should be cautious about basing their essays on facts and research.

Tips For Starting A Globalization Essay

Carry out extensive research on the globalization topic you want to write about.

Create an outline with all the arguments and points you would like to include in the essay.

If definitions are required (confirm from the grading rubric), include them in the introduction. While some people would give a dictionary definition, it’s advisable to write yours.

An Example Of The Definition O f Globalization

Globalization refers to the process of integration and interaction among governments, organizations, and people worldwide.

The creation of agencies by governments that create opportunities for local citizens to interact with people from distant continents is the foundation of globalization.

But originally, globalization is anchored on technology advancement and innovations. The major aspect of globalization that has evolved is employment. In certain aspects, globalization has amplified employment to a huge extent, reaching heights that no one ever thought about before.

Narrow the topic’s scope. Don’t sound too generic or vague in the article.

Come up with a clear and suitable thesis statement before starting your essay. It will help you create other supportive points or arguments.

Make the introduction precise. Instead of including excessive information in the introduction, provide adequate details to keep the reader interested.

While writing a decent introduction can be a challenge, it isn’t impossible. By following the above tips, you may find and build a solid starting point.

How To Write Fantastic Body Paragraphs For Your Globalization Essay

In the essay body, you are supposed to write supporting arguments. The arguments develop from the main point in your thesis statement. Thus, they should improve or enrich what you chose as the primary argument.

For example, if the thesis statement was to write the adverse effects of globalization, you should dedicate each paragraph to a negative impact and elaborate it well.

In your body paragraphs, be as detailed as possible, so your essay looks comprehensive. The purpose of a globalization research paper is to develop or write this section. To write effective paragraphs in the essay body:

Use topical sentences by ensuring each paragraph highlights a specific point.

Provide detailed examples in your globalization essay

Concluding An Essay On Globalization

Similar to an introduction, crafting a conclusion can be challenging. A conclusion should leave a lasting impression on your readers. Thus, when writing a conclusion for an essay on globalization, keep the following tips in mind:

Restate the central argument or thesis statement

Give a summary of the primary arguments highlighted in the essay body

Emphasize a specific thing or main idea you would like the audience to remember once they read the paper.

Globalization Essay Or Research Paper Topics

After knowing how to write an essay on globalization, here are examples of globalization paper topics:

Describe the cultural and social indicators of globalization

What’s the impact of globalization on world politics?

How has globalization played a role in brain-drain?

Describe the effect of globalization on developing nations

Discuss the different types of globalization

Describe the impact of technology on globalization

Describe the relationship between globalization and knowledge transfer

What’s the connection between globalization and democratization? Discuss this based on developing economies.

What’s the correlation between globalization and intelligence sharing?

Does globalization affect trade? Discuss

How has globalization shaped the relationship between various countries?

Is there any connection between globalization and world peace?

How T o Use Globalization Essay Topics You Found Online

When researching globalization research paper topics, you can use the ideas found online or use them to inspire you. Remember, most people use what’s freely and easily accessed.

In other words, most of your classmates looking for good topic ideas as you find suggestions from online platforms. To make your globalization topic unique, choose a subject, and tweak it, so it sounds different from the initial one but has the same idea.

You can also find affordable writing help from online professional writers who will compose a wholly unique and exciting globalization topic for your essay.

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The State of Globalization in 2021

Steven A. Altman
Caroline R. Bastian

have you experienced globalization essay

Trade, capital, and information flows have stabilized, recovered, and even grown in the past year.

As the coronavirus swept the world, closing borders and halting international trade and capital flows, there were questions about the pandemic’s lasting impact on globalization. But a close look at the recent data paints a much more optimistic picture. While international travel remains significantly down and is not expected to rebound until 2023, cross-border trade, capital, and information flows have largely stabilized, recovered, or even grown over the last year. The bottom line for business is that Covid-19 has not knocked globalization down to anywhere close to what would be required for strategists to narrow their focus to their home countries or regions.

Cross-border flows plummeted in 2020 as the Covid-19 pandemic swept the world, reinforcing doubts about the future of globalization. As we move into 2021, the latest data paint a clearer — and more hopeful — picture. Global business is not going away, but the landscape is shifting, with important implications for strategy and management.

Steven A. Altman is a senior research scholar, adjunct assistant professor, and director of the DHL Initiative on Globalization at the NYU Stern Center for the Future of Management .
CB Caroline R. Bastian is a research scholar at the DHL Initiative on Globalization.

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Home / Essay Samples / Social Issues / Globalization / Personal Reflection on How Does Globalization Affect Me

Personal Reflection on How Does Globalization Affect Me

Category: Social Issues , Education
Topic: Globalization , Personal Statement

Pages: 2 (687 words)

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