write an assignment on globalisation

266 Globalization Essay Topics & Globalization Research Topics

Welcome to our list of globalization topics and essay ideas! Here, you will find plenty of current topics about globalization trends, benefits, and challenges. But that’s not all of it! In addition to topic ideas, you will also find examples of research papers and globalization essays. Check them out below!

🔝 Top 7 Globalization Topics for Research

🏆 best essay topics on globalization, ❓ globalization research questions, 👍 good globalization research topics & essay examples, 🌶️ hot globalization ideas to write about, 🎓 most interesting globalization research titles, 💡 simple globalization essay ideas, ✍️ globalization essay topics for college.

• Apple Inc. Affected by Globalization and Technology
• The Effects of Globalization to Employment and International Trade
• Evaluating Cultural Dimensions of Globalization
• Globalization’ Positive and Negative Effects
• Globalization Impact on Sustainable Agriculture
• Impacts of Globalization on the Developing Countries
• Communication Technology and Globalization
• Globalization and Its Impact on Society While globalization supports technology, worldwide collaboration, and the use of prominent brands, its danger results in the loss of high-wage employment.
• Is Globalization a Threat or an Opportunity to Developing Countries? The topic on the effects of globalization has generated a lot of debate in trying to analyze its contribution to either the success or failure of some aspects of economies.
• Contemporary Globalization and Its Impact As Shakespeare predicted a long time ago, the world is shrinking into a small global scene where everyone has a role to play.
• Globalization in Anthropological Perspective The anthropological perspective is a powerful model that guides scholars to analyze human diversity and empower individuals from different backgrounds.
• Globalization Impacts on Trade and Employment Globalization refers to the integration of the world markets. It facilitates smooth movement of goods and people from one country to another.
• Globalization Advantages and Negative Cultural Impact This paper focuses on globalization. Drivers of the globalization agenda are multinationals corporations, international financial markets, and transnational agencies.
• Apple Inc.’s Globalization Strategy and International Trade This paper will discuss Apple’s globalization strategy, global actions advocated for by this company, and how it facilitates international trade.
• Globalization in Media: Pros and Cons Globalization in the media sphere is influenced by changes in political and cultural spheres bringing new economic opportunities and financial capitals to media giants.
• The Effects of Globalization on Sports For many people in the world, globalization is the revolution of the future. Conversely, this is not true as globalization exists in the present day.
• The Impact of Technology on Globalization The paper states that advances in technology have contributed to the main forces behind globalization. Organizations are compelled to become global.
• Globalization and Diversity in TEDx Talk Shows This paper examines TEDx talk shows that discuss diversity and globalization issues and how globalization can reduce poverty levels in developing economies.
• Globalization and Corporate Social Responsibility The topic chosen for this research is globalization and corporate social responsibility because it is a unique and novel concept for transnational businesses.
• Ford Motor Company’s Globalization Strategy This paper assesses Bangladesh and Rwanda as the two potential countries for Ford to globalize its operations. They are among the best fast-growing economies.
• The Impact of Globalization on World Politics Globalization as the process that creates preconditions for the eventual emergence of World Government, which will exercise an authority over planet’s natural and human resources.
• Effects of Globalization: The Case of LuLu Group Int To summarize this paper, globalization is an unstoppable interstate integration process, leading to the erasure of national boundaries and the formation of a single cultural layer
• The Advantages of Globalization Globalization is the process of growth and interconnection of world economies and cultures, which are aided by transport and trade.
• Impact of Globalization on Norms and Experiences around Gender Inequality is one of the most prolonged global debates that have refused to go away despite the great strides made through globalization
• Bauman’s Concept of Globalization in Understanding the Rise in Human Displacement This paper discusses the concept of globalization as viewed by Bauman, assesses the concept of increasing numbers of refugees, asylum seekers, and economic migrants in the world.
• Dell Business Model: Globalization & Corporate Strategy The Dell Computer company research and development department is mandated with the task of advising the company on the nature of products it should manufacture.
• Impact of Globalization on Netflix Company Netflix made two significant strategic moves that led to its success. The company did not explore all the available markets at once but in phases.
• Importance of Globalization on International Business Globalization is very important in that it promotes worldwide growth as well as promotes peaceful coexistence globally through understanding.
• Ethics and Globalization in Business A business will only manage to keep up its reputation if it recognizes the established business ethics in its environment. Every firm must follow to the letter the code of conduct.
• Coca-Cola Company’s Strategy & Globalization Issues Multinational corporations are increasing day by day and they are usually criticized because of issues like environmental stability, sustainability etc.
• Pros and Cons of Globalization The advantages of globalization outweigh the disadvantages. The concept has enhanced the rapid developments of impoverished nations.
• Peru – Globalization, Environment, Crime and Disease The paper synthesizes a number of legitimate sources to focus on globalization and its effects on Peru with special relation to environmental issues, crime, and diseases.
• Globalization and Cultural Hybridization Globalization affects all spheres of human activity starting from education, policy, management, and ending with art, culture, etc.
• Coca – Cola: Business Strategy and Globalization The presence of the globalization phenomenon in the Company’s strategy can be proven by its effective presence in more then two hundred countries around the world.
• Ways of Eating Around the World: Impact of Globalization Globalization is essentially to blame for the rapid rise in obesity and foodborne illness resulting from improved access to a diverse range of healthy foods.
• Americanization Is Not a Synonym for Globalization Globalization is the process of international integration, whereas Americanization means the influence of American culture on other countries’ cultural development.
• Globalization Affecting the Role of Leaders in Organizations Globalization is influencing leadership because of the way it affects society through its processes. It has caused changes in the political, social, and economical aspects.
• The Impact of Globalization on Immigration Control Globalization is one of the key factors that influence immigration. The effects are extensive to the extent of complicating the efforts of controlling immigration.
• How Globalization Affects Governance? The process of globalization inevitably affects governance all over the world. In this paper, the peculiarities of the process of affecting governance by globalization will be addressed in detail.
• Globalization: More Positive Effects Than Negative Ones Globalization refers to the “increasing interconnectedness of people and places through the converging process of economic, political and cultural change.”
• Why Youth and Community Workers Should Understand Globalization?
• What Has Been the Effect of Globalization on Terrorism?
• Who Are the Main Losers in the Process of Globalization?
• Why Is Customer Service Needed in the Globalization of Logistics?
• Why Resisting Globalization Can Be Reasonable?
• Why Are the Critics So Convinced That Globalization Is Bad for the Poor?
• What Would Our Nation Do Without Globalization and International Trade?
• What Are the Costs and Benefits of Globalization?
• Why Globalization Manufacturing Since the 1980s Has Changed Labor Relations?
• Why Did General Motors fail to Compete With Globalization?
• What Are the Challenges of International Development in the Age of Globalization?
• What Impact Does Globalization Have On E-commerce?
• Does Globalization Benefit Both Developed and Developing Countries?
• What the Public Should Know About Globalization and the World Trade Organization?
• What Are the Positive and Negative Effects of Globalization?
• Why Did Germany’s Hidden Champions Succeed in Globalization?
• Who Benefits From Globalization of Labor?
• Does Economic Globalization Affect Interstate Military?
• What Does the Globalization of Drug Trade Benefit?
• Why Does Globalization Generate Winners and Losers?
• Globalization as a Phenomenon and Its Impacts Globalization is a phenomenon, which has been made possible due to the development of communication technologies and multifaceted relationships among countries.
• Social Media Impact on Globalization Among the many drivers of globalization, the advancement of digital social media platforms has been one of the most influential.
• “The Globalization of Eating Disorders” by Susan Bordo This paper analyzes the text of an article written in 2002 by Susan Bordo, an American professor, and philosopher, whose works are marked by several prestigious awards.
• Globalization and Health A planned urban society has access to safe and clean drinking water with appropriate sanitation and waste removal mechanisms.
• Globalization’s Role for Developing Countries: Zambia In this paper, the results of globalization and its positive and negative consequences are discussed through the case of Zambia and the condition of its economy.
• Globalization of Video Games and Its Influence in the Society The research paper describes the positive impact of gaming, such as reducing flashbacks from posttraumatic stress defects and chronic pain reduction.
• Globalization of the SK-II Brand SK-II Brand has been said to concentrate on its core business through innovation, expanding penetration in developing countries and restructuring its existing business.
• The Impact of Racism on Globalization Racism is a great impediment to globalization, the bad blood between the said people of color and those of no color has dealt a big blow to development.
• Globalization Influence on Product Development This essay presents a critical analysis of the marketing strategies as they apply to the international marketing efforts of firms in the context of globalization.
• Total Quality Management: Impact of Globalization on Quality There are several ways to ensure that information technology (IT) has been implemented into a business process with respects to Total Quality Management (TQM).
• Impact of New Technologies and Globalization on Literature The issue of globalization’s effect on the development of different countries has always been rather controversial.
• Regional Integration Inconsistency with Globalization With the term of Globalization being in vogue and regional integration agreements being signed across the globe, the coalition of the concepts has been questioned.
• Impact of Globalization on Australia Globalization has enhanced the quality of life in Australia due to the fact that foreign investors are allowed to open up ventures in the country.
• Globalization and Democratization Relationship This paper explores the existing relationship between democracy and globalization. It focuses on democratization, globalization and their imperativeness.
• Globalization and Its Ethical Implications The paper states that the negative implications of globalization result in ethical dilemmas as people with diverse backgrounds participate in world development.
• Economic Globalization and Daily Life The stated factors belong to the concept of economic globalization, which implies the process through which states and corporations expand to the global scale.
• Globalization’s Impact on International Marketing Strategies International marketing strategies are influenced by globalization. The operations of multinational firms are shaped by the confrontation between standardization and adaptation.
• Globalization and Human Resource Policies and Practices The current paper aims to discuss the concept of globalizing HR policies and the potential positive and negative outcomes of this process.
• International Marketing – Impact of Globalization This paper seeks to identify the impact of globalization in international business and how companies can fully utilize the concept in order to attain their objectives
• “The Globalization of Markets” by Theodore Levitt In his article “The Globalization of Markets,” Theodore Levitt anticipated the effects of globalization and advancement in technology to international business.
• Globalization: Managing Across Cultures Managing across culture is a product of globalization, that expatriate from a foreign culture moves to a totally new culture and is required to manage people from diverse cultures and backgrounds.
• Netflix’s Globalization in Brazil The modern world has become more connected due to globalization and multinational dependence on areas that support socioeconomic development.
• Globalization in Modern Business Along with the development of technology, communication, and transportation, it becomes easier for companies to expand the scope of their operations and enter new markets.
• Relationship Between Urbanization, Globalization, and People The relationship between urbanization, globalization, and people is one of the most interesting and provocative topics in many discussions.
• The Globalization of Walmart Back in the 1990s, Walmart planned to conquer nations with large populations and growing purchasing power: Mexico, Argentina, and Brazil, and China.
• Issues in the International Politics: Globalization Globalization in the international political system is considered to be centralized due to its impact on external links and close connection with political structures and mechanisms
• Globalization’s Role in Improving Women’s Rights On the one hand, globalization unites people and makes them follow the same standards or use similar opportunities.
• Globalization and National Security Issues International security researchers have taken side of the big debate, with some arguing that globalization has indeed contributed to national and international security.
• Globalization and Cultural Diversity in the Workplace Cultural diversity should be incorporated into the company’s policies combined with teaching workers this fundamental issue in the business environment.
• The Impact of Globalization Discussing globalization objectively in its entirety is a challenging endeavor, since it touches upon almost every aspect of the modern world, and its influences differ from one region to the other.
• Outsourcing and Globalization as Driving Force The major driving forces behind outsourcing include the force of globalization, cost of production, labor issues, and the problem of unionization.
• Motivation and Globalization in Multinational Companies Motivation in the case of globalization becomes a burning issue of multinational companies as they should establish the most appropriate way to motivate their employees.
• Globalization Theories in the Business Environment The paper elaborates on the neo-classical, Marxist and structuralist perspectives on globalization before closing with the most concurrent theorem out of the three perspectives.
• Globalization and the Social Interest of Workers The paper sets out to demonstrate that globalization is not in the social interest of low-wage workers in developing nations and factory workers in the developed countries.
• History of Globalization and World Integration The process of globalization is often viewed as an exclusively modern phenomenon that has arisen due to the development of multinational corporations.
• Globalization in a Global Economy World economies and societies have come together to work as a global economy by having common means of transportation, communication, and marketing.
• Leadership in the Context of Globalization This paper aims to outline the issue of leadership in the context of globalization, conduct a GAP analysis, offer recommendations for developing necessary leadership competencies.
• Globalization Essence by M. Steger and N. Bisley Globalization: A very short introduction by Manfred Steger and Rethinking globalization by Nick Bisley define the necessity to treat the globalization and consider its complexity.
• Reflection of “Globalization of Missions” Article The “Globalization of Missions: An Exegesis on the Great Commission” article is the author’s call for making proselytizing more aware of non-Western cultures.
• Globalization and Education – Economic, Political and Cultural Dimensions The surge in Information technology usage, increasing interest in the Internet, and global communication have melted the country’s borders in terms of education availability.
• Globalization Effect on Small and Medium Size Business This section will introduce the paper based on the concept that globalization and development of SMEs may not be separated from each other.
• John Deere Company in View of Globalization John Deere is one of the most successful agricultural machinery companies in the world today. In 1963, the company became the world’s largest manufacturer.
• Evaluation of the Meaning and Impact of Globalization in Relation to Criminal Justice The globalization process has a significant impact on criminal justice. Globalization has led to increased interdependence among various economies.
• Qualitative Threshold: Globalization and Communication Technologies Globalization is a long-term phenomenon involving a gradual change of events. This process has occurred in distinct phases with each having unique characteristics.
• Air Transport and Its Benefits for Globalization With excellent transportation systems, the world is exposed to better trading in terms of exports and imports of goods and services.
• Globalization: Impact on Modern Society Globalization contributes to establishing relationships between individuals, independent social objects, and phenomena, embracing all spheres of people’s lives.
• Globalization and Health Systems in India This research paper examines the effects of globalization on India’s healthcare system. It explores various areas such as healthcare delivery, acquisition, financing, and ethics.
• Hard Rock Café: E-Commerce and Globalization Hard Rock Café can utilize ICT and e-commerce models by hiring customer care executives working from home and submitting their work loads to the café’s head quarters.
• Globalization Impact on Trade and Employment One of the notable effects of globalization is heightened trade liberalization and opening up of global labor markets.
• Globalization and Technology Impacts on Ethics The evaluation will center on analyzing how technology and globalization have contributed to the spread of poverty in third-world nations, violated individuals’ rights to privacy.
• The Social Media Impact on Globalization This paper explains the impact of media on globalization and how it has affected businesses. Many people are currently using social media to run business organizations.
• Globalization, Its Defenders and Critics Globalization is an ambiguous process with its advantages and disadvantages. It is impossible without significant changes in the ordinary life of people.
• Economic Globalization and Labour Rights The comprehensive study investigates the impact of economic globalization on labour rights in developing countries.
• Human Resources Management and How It Is Affected by Globalization and Technology? HRM functions have been widely affected by the changing trends around the world: various parts of the world are integrating, newer technologies and better concepts are evolving.
• Globalization and Transformative Process Drivers This paper will discuss the meaning of globalization and the factors contributing to the global transformation process.
• International Organizations Role in Globalization Process The representatives of international organizations have a common agenda: turning the world into a “global village” and prompting the world’s population to think of neoLiberalism.
• Asian Film Industry Globalization Before 1997, most of the East Asian film industry was purely based within the region and marred with little success. Two political and economic events that year marked a turning point for this industry.
• Geographical Conditions’ Affect of Globalization The scholars of the 20th century conceptualized this idea, by creating the North-South divide – a geographic line between the countries that signifies the division on wealthy and emerging nations
• Globalization Concept and Its Impact on the State Globalization does not make the state redundant. On the contrary, it makes it important for the full exploitation of the opportunities that come as a result of international integration.
• Leadership and Globalization in the US and Japan Leadership is a social influence in which a person can motivate or influence others and acquire their support in order to work together and accomplish a certain task.
• Impact of Globalization on Gender Norms and Experiences The contemporary world is characterized by economic, social, cultural, and political integration of both men and women across all spheres.
• Modern Imperialism and Economic Globalization This paper discusses how does the study of modern imperialism help us to understand why some former colonies fear economic globalization today.
• Globalization’s Impact on Education Globalization will likely diversify educational opportunities while diminishing the competitive advantages of weaker educational systems.
• China’s Aviation Industry: Impact of Globalization This paper investigates the impact of globalization on China’s aviation industry. The report covers a wide range of topics, including history, global treaties, and critical forces.
• The Fourth Industrial Revolution and Globalization The fourth industrial revolution has made it possible for countries and manufacturing companies to produce and stabilize their economies.
• Interconnection of Globalization and Culture Despite serious issues, globalization has encouraged the funding of various initiatives in contemporary acts, contributing to the development of the market.
• Geographical Diversification and Globalization With current terms of business operations between countries, it has been possible for businesses to diversify their market by venturing into other local and international markets.
• Process of Globalization and Nationalist Movements The transition between globalism and nationalism is frequently perceived as a threat to the government and its people.
• International Finance and Globalization The monetary authorities of a country can use monetary tools to keep the value of their currencies lower than the value which would have been set by the market forces.
• The Positive and Negative Aspects of Globalization Globalization is the result of many socio-economic processes associated with the widespread use of information technology and new means of communication.
• “Globalization, Lifelong Learning and the Learning Society: Sociological Perspectives: 2” by Peter Jarvis The book by Peter Jarvis “Globalization, Lifelong Learning and the Learning Society: Sociological Perspectives: 2” is a research book with an overall perspective on the value of education.
• Globalization Negative Effects on Canadian Labour Union Globalization is directly and indirectly affected labor unions in Canada. Positive effect was in form of developing the country’s economy and creating job opportunities to Canadian citizens.
• International Economy. Oakley’s Globalization Theory In “International Political Economy,” Thomas Oakley discusses globalization, its drivers, and its effects on various actors in the international scene.
• Globalization and Knowledge Management This paper outlines the knowledge management in the context of globalization and using personal experience with virtual learning.
• Supply Chain Management in Globalization Era In the accelerating process of globalization, supply chain management is an integral part of most organizations which is essential to a company’s success.
• Millenium Development Goals and Globalization The major objective of Development Goals is to foster the positive development of the world in the new century, thus making human lives better.
• Spiritual Perspectives on Globalization by Ira Rifkin Cultural element of globalization describes regional side and national cultural peculiarities which are seen by the world society.
• The Globalization Index and Singapore as the Leading State This paper discusses the Globalization Index and what challenges the United States or any other developed country would face if it attempted to replace Singapore in the top spot.
• Globalization and Indigenous Communities in Canada In Canada, indigenous people feel both the austerities of environmental and cultural destruction and the potential for development.
• Netflix: Globalization and Information Research In a three-stage expansion process, Netflix could make strategic decisions and establish effective policies in those markets
• Globalization and Geographic Information System Globalization is the process by which the globe becomes increasingly interconnected due to the exchange of commodities and services, information, knowledge, and cultural values.
• Globalization and Christian Mission Globalization has changed the landscape of industrial and business environments, and religion was inevitably affected by it, as well.
• Food and Water Security as Globalization Issues Globalization has several implications for the business environment, among which are the expanded access to resources, and the interdependence of international companies.
• Cultural Globalization as the Americanization of the World’s Cultures Americanization as a significant part of globalization may still be possible major industries vow it as a source of financial rewards.
• How Residents of Georgia Understand and React to Globalization In the case of the state of Georgia, the understanding and reaction to globalization focus on economic integration and social well-being.
• Capitalism, Climate Change, and Globalization Globalization allowed significant corporations to put a substantial strain on the environment in developing countries.
• The Dark Side of Globalization Buoyancy on the Bayou: Shrimpers Face the Rising Tide of Globalization by Jill Ann Harrison explores the effect of globalization on local worlds.
• Chinese Companies and Globalization Issues People are the driving force of a company; to unleash that force, the patrimonial approach should be changed to more liberal and liberating methods.
• Globalization and Immigration: Globalization Policies Leaders and citizens in such nations feel threatened by the influx of both legal and illegal immigrants into their nations.
• Market Globalization and Global Marketing Pitfalls Customization is fraught with several outcomes that may inhibit the further advancement of a company in the global economy.
• The Impact of Globalization on Labor Market and Trade Globalization is the process that refers to the coming together of the international markets. This report examines the impacts of globalization on trade and employment.
• Religion, Globalization, and Language in China This research paper examines the problems of religion, globalization, and language from the Chinese perspective.
• Globalization and Use of Fossil Fuel as Environmental Threats Both the process of globalization and the burning of fossil fuels have been significant contributors to the deterioration of the environment’s health on a worldwide scale.
• Reshaping Globalization and Digital Media Over the decades, distinctive events and activities have contributed to the construction of the current global spectrum.
• Education Under Impact of Globalization The negative impact of globalization was the widening gap in access to education. Globalization has made English the main language of education, which can lead to discrimination.
• Globalization and Technological Development Technological development continues to facilitate globalization, with individuals from third-world countries coming to the forefront of the modern workforce.
• The Globalization Impact on Cultural Production Human culture is evolving in the context of globalization, as many states are no longer in colonial relationships. It leads to global hegemony and diminishing diversity.
• Addressing Global Inequality in the Era of Globalization While globalization has led to social, political, and economic increase, it has also given rise to global inequality, particularly through the exploitation of developing countries.
• Globalization: Impact on International Business With higher levels of globalization, the overall international business will be safer as there will be more suppliers and manufacturers on the market.
• Response to Globalization Pressure This paper aims to introduce a plan of action to ensure my continued employability as a professional in the sphere of international affairs.
• Globalization and its Impact on the World A phenomenon that gathered speed after World War II, globalization has tremendously impacted the international economy, society, and culture by enabling greater interconnectedness and cross-border exchange of people and ideas. Globalization is a complex phenomenon that has benefited developed countries economically while unfairly distributing wealth to underdeveloped nations and disenfranchising…
• The Globalization Impact on the US Foreign Policy The ability of the US to use its influence to alter international events is limited by globalization. America cannot deal with the issues brought on by globalization on its own.
• Effects of Colonialism and Globalization During the era of colonialism, colonies were perceived to be a major source of raw materials for the industries of the developed nations.
• Globalization Challenges in Developing Countries and Japan The participation of nations in global trade has several benefits, even though various problems impede countries from accessing global markets.
• Globalization and Democratic Peace Theory In the context of globalization, it is necessary to consider the theory of democratic peace, which recognizes democracy as the best form of government for society.
• Globalization: Climate Crisis and Capitalist Ideology One of the main features of the development of the world community in recent decades has been globalization as part of integration processes that are changing the world structure.
• Globalization and Its Pros and Cons It is hard to disagree that there is probably nothing universally positive or negative in this world. Everything has a price.
• Project Management Analysis and Globalization Technological supply chain management strategies and the development of dependable distribution systems in globalization are crucial components.
• The Phenomenon of Terrorism and Its Relation to Globalization This paper states that the phenomenon of terrorism is tightly connected to the concept of inequality of globalization.
• Globalization and Its Scale in the World Regardless of all opportunities provided by technological progress, the world remains less globalized than the majority of people expect.
• Globalization and Poverty: Trade Openness and Poverty Reduction in Nigeria Globalization can be defined as the process of interdependence on the global culture, economy, and population. It is brought about by cross-border trade.
• The Impact of Globalization on Business in India and the USA Since globalization started to affect the economy of the USA and India, it has had various positive and negative impacts on business.
• Impact of Progressive Globalization One of the key processes in the development of the world economy on the verge of the XX-XXI centuries is the progressive globalization.
• Globalization After World War I The emergence of the global economy corresponds to the aftermath of World War I, and the battle of governments and markets for control over the field brought unexpected results.
• Researching the Concept of Globalization The paper aims to analyze the global playing field and support it with arguments why it is considered to be level.
• Globalization: Beauty Sculpt for You Today society is filled with the obsession with promoting a self-image of beauty and perfection. Individuals take extreme measures to reach the goal of a flawless body.
• Ethnic Violence in the Era of Economic Globalization Economic globalization refers to the interdependence of the world’s financial giants due to increased technology and trade across the borders.
• Globalization Impact on Socioeconomic Inequality This paper analyzes the link between globalization and socioeconomic inequality, and how the inequality problem can be mitigated.
• Solving Problems Through Globalization The paper discusses the importance of uniting to create a global world. Globalization makes it easier to solve universal challenges that affect populations.
• Globalization and Personal Identity Intersection The conditions dictated by globalization actualize the problem of cultural uniqueness and cultural self-determination, including identity.
• Negative Sentiments Against Trade and Globalization
• Anthropocene and Its Role in Globalization
• Globalization Opportunities and Challenges for Companies
• Globalization Strategies for Multinational Enterprises
• Human Sense of Place in the Context of Globalization
• American Dominant Minority Relations and Impact of Globalization
• Hip Hop’s Globalization and Influence of Hip-Hop Music in Japan
• The Effects of Globalization on the Environment
• The Food and Drug Administration (FDA) and Globalization
• Wireless Industry and Globalization for US Economy
• Globalization: Arguments For and Against
• Global Poverty and Economic Globalization Relations
• “Globalization” by Peter Temin: Article Analysis
• Globalization Effect on Social Movements
• Globalization and Technology in Health Care
• Economics: The Impact of Globalization
• Globalization of Nursing: Infant Mortality Rate in the US and Other States
• Foreign Direct Investment: Globalization of Production
• Globalization: On the Importance of ICT & Transnational Corporations
• The Facets of Globalization in Internet Security
• Globalization and American Productivity
• Globalization and Economic Inequality
• Globalization and Competition: The USA, Western Europe, Japan
• Tangible & Inevitable: Globalization as a Worldwide Phenomenon
• Pop Culture as a Potent Globalization Tool
• The Financial Crisis and Its Connection With Globalization
• The Effects of Globalization on Trade
• Why Globalization Causes Turbulence and Disruption
• Globalization of Healthcare in the US and Haiti
• Globalization and Related Environmental Issues
• Globalization and the Formation of New Claims
• Overcoming CSR Challenges in the Age of Globalization
• Present Day Resistance Historical Roots to the Trade Globalization
• Energy Crisis: The Processes of Globalization and the Unification
• Long-Term Impacts of the Chinese-American Trade War and Globalization of the World Economy
• Free Trade as a Fundamental Principle of Modern Globalization
• Global Governance Institutions in Context of Globalization
• Leadership and Organizational Change: Diversity and Globalization
• Globalization and Career of University of East London’s Students
• Globalization: Impact and Consequences
• Role of Globalization in Asian Market
• Globalization and Its Effects on World Economies
• Economic Globalization: The Role of Geography
• “The Globalization of American Law” by R. D. Kelemen and E. C. Sibbitt
• Education With Regard to Globalization Issues
• Whether Globalization Makes Consumer Powerless?
• World Is Flat: Globalization Effect
• Globalization and Its Impact on Firms
• Environment: Rapid Increasing in Industrialization and Globalization
• Ethics In The Business Globalization
• Contemporary Globalization Since 1914
• Survival of Minority Ethnic Groups in Globalization
• “Globalization, Poverty and Inequality” by Kaplinsky
• Globalization’s Impact on Banks in Canada
• Global Politics: Women’s Rights, Economy, Globalization
• TNCs Contribution to Globalization of Retail Industry
• Globalization and Cultural Difference of Societies
• Globalization, the Sex Trade and HIV-AIDS
• Media Production and Connections in Globalization
• China’s Impact on Globalization and International Security
• Three Areas of Concern for Committee on Globalization
• Moving Away From Globalization: Consequences
• Globalization and Russian Influence
• “The Globalization of Markets” Book by Levitt
• American Popular Culture and Globalization Effects
• Chapters 2 and 9 of “Sociology of Globalization” by Smith
• Human Rights, Globalization and Economic Development
• Globalization Influences Discussed in TED Talks
• Education History and Globalization
• Globalization and Its Consequences: Economic Crossroads
• Germany’ Sovereignty in the Age of Globalization
• Globalization vs. Traditions in Eastern Culture
• Ethics in Reporting: Globalization and Media
• Globalization Effect on Developing Countries’ Business
• Identity Politics as a Response to Globalization
• Globalization and Cultural Knowledge of China
• The Pitfalls of Globalization
• Aspects of Globalization: Positive and Negative Effects
• Globalization and Its Benefits for the United States
• Globalization and Businesses in New Economies
• The Effect of Globalization in Economic Development
• Evaluating the Effects: Advantages of Globalization
• Child Labor Role in Westernization and Globalization
• Singapore Globalization: Criterias and Ranks
• Globalization Impacts on the United Nations Institution
• Globalization and Citizenship in EU

Cite this post

• Chicago (N-B)
• Chicago (A-D)

StudyCorgi. (2021, September 9). 266 Globalization Essay Topics & Globalization Research Topics. https://studycorgi.com/ideas/globalization-essay-topics/

"266 Globalization Essay Topics & Globalization Research Topics." StudyCorgi , 9 Sept. 2021, studycorgi.com/ideas/globalization-essay-topics/.

StudyCorgi . (2021) '266 Globalization Essay Topics & Globalization Research Topics'. 9 September.

1. StudyCorgi . "266 Globalization Essay Topics & Globalization Research Topics." September 9, 2021. https://studycorgi.com/ideas/globalization-essay-topics/.

Bibliography

StudyCorgi . "266 Globalization Essay Topics & Globalization Research Topics." September 9, 2021. https://studycorgi.com/ideas/globalization-essay-topics/.

StudyCorgi . 2021. "266 Globalization Essay Topics & Globalization Research Topics." September 9, 2021. https://studycorgi.com/ideas/globalization-essay-topics/.

These essay examples and topics on Globalization were carefully selected by the StudyCorgi editorial team. They meet our highest standards in terms of grammar, punctuation, style, and fact accuracy. Please ensure you properly reference the materials if you’re using them to write your assignment.

This essay topic collection was updated on January 21, 2024 .

25,000+ students realised their study abroad dream with us. Take the first step today

Meet top uk universities from the comfort of your home, here’s your new year gift, one app for all your, study abroad needs, start your journey, track your progress, grow with the community and so much more.

Verification Code

An OTP has been sent to your registered mobile no. Please verify

Thanks for your comment !

Our team will review it before it's shown to our readers.

• School Education /

✍️Essay on Globalisation: Samples in 100, 150 and 200 Words

• Updated on  
• Oct 25, 2023

Globalisation means the combination of economies and societies with the help of information, ideas, technology, finance, goods, services, and people. It is a process where multinational companies work on their international standing and conduct operations internationally or overseas. Over the years, Globalisation has had a profound impact on various aspects of society. Today we will be discussing what globalisation is and how it came into existence with the essay on globalisation listed below.

Table of Contents

• 1 How Globalisation Came Into Existence?
• 2 Essay on Globalisation in 100 Words
• 3 Essay on Globalisation in 150 Words
• 4 Essay on Globalisation in 200 Words

How Globalisation Came Into Existence?

For all those unaware, the concepts of globalisation first emerged in the 20th century. Here are some of the key events which led to the development of globalisation in today’s digital world.

• The ancient Silk Route as well as the maritime routes led to the exchange of goods, ideas and culture in several countries. Although these were just trade routes, but later became important centres for cultural exchange.
• Other than this, the European colonial expansion which took place from the 15th to the 20th century led to the setting up of global markets where both knowledge and people were transferred to several developing countries. 
• The evolution and exchange of mass media, cinema and the internet further led to the widespread dissemination of cultures and ideas.

Also Read: Essay on the Importance of the English Language for Students

Essay on Globalisation in 100 Words

Globalization, the interconnectedness of nations through trade, technology, and cultural exchange, has reshaped the world. It has enabled the free flow of goods and information, fostering economic growth and cultural diversity. However, it also raises challenges such as income inequality and cultural homogenization. 

In a globalized world, businesses expand internationally, but local industries can suffer. Moreover, while globalization promotes shared knowledge, it can erode local traditions. Striking a balance between the benefits and drawbacks of globalization is essential to ensure a more equitable and culturally diverse global community, where economies thrive without leaving anyone behind.

Also Read: Essay on Save Environment: Samples in 100, 200, 300 Words

Essay on Globalisation in 150 Words

Globalization is the process of increasing interconnectedness and interdependence among countries, economies, and cultures. It has transformed the world in various ways.

Economically, globalization has facilitated the flow of goods, services, and capital across borders. This has boosted economic growth and reduced poverty in many developing nations. However, it has also led to income inequality and job displacement in some regions.

Culturally, globalization has resulted in the spread of ideas, values, and cultural products worldwide. While this fosters cultural exchange and diversity, it also raises concerns about cultural homogenization.

Technologically, globalization has been driven by advances in communication and transportation. The internet and smartphones have connected people across the globe, allowing for rapid information dissemination and collaboration.

In conclusion, globalization is a complex phenomenon with both benefits and challenges. It has reshaped the world, bringing people closer together, but also highlighting the need for responsible governance and policies to address its downsides.

Also Read: Essay on Unity in Diversity in 100 to 200 Words

Essay on Globalisation in 200 Words

Globalization, a multifaceted phenomenon, has reshaped the world over the past few decades. It involves the interconnectedness of economies, cultures, and societies across the globe. In this essay, we will briefly discuss its key aspects and impacts.

Economically, globalization has led to increased international trade and investment. It has allowed companies to expand operations globally, leading to economic growth in many countries. However, it has also resulted in income inequality and job displacement in some regions.

Culturally, globalization has facilitated the exchange of ideas, values, and traditions. This has led to a more diverse and interconnected world where cultures blend, but it can also challenge local traditions and languages.

Socially, globalization has improved access to information and technology. It has connected people across borders, enabling global activism and awareness of worldwide issues. Nonetheless, it has also created challenges like cybercrime and privacy concerns.

In conclusion, globalization is a double-edged sword. It offers economic opportunities, cultural exchange, and global connectivity, but it also brings about disparities, cultural tensions, and new global challenges. To navigate this complex landscape, the world must strive for responsible globalization that balances the interests of all stakeholders and promotes inclusivity and sustainability.

Related Articles

The movement of goods, technologies, information, and jobs between countries is referred to as globalisation. 

Globalization as a phenomenon began with the earliest human migratory routes, or with Genghis Khan’s invasions, or travel across the Silk Road.

Globalisation allows wealthy nations to access cheaper labour and resources, while also providing opportunity for developing and underdeveloped nations with the jobs and investment capital they require.

For more information on such interesting topics, visit our essay-writing page and follow Leverage Edu ! 

Malvika Chawla

Malvika is a content writer cum news freak who comes with a strong background in Journalism and has worked with renowned news websites such as News 9 and The Financial Express to name a few. When not writing, she can be found bringing life to the canvasses by painting on them.

Leave a Reply Cancel reply

Save my name, email, and website in this browser for the next time I comment.

Contact no. *

Connect With Us

25,000+ students realised their study abroad dream with us. Take the first step today.

Resend OTP in

Need help with?

Study abroad.

UK, Canada, US & More

IELTS, GRE, GMAT & More

Scholarship, Loans & Forex

Country Preference

New Zealand

Which English test are you planning to take?

Which academic test are you planning to take.

Not Sure yet

When are you planning to take the exam?

Already booked my exam slot

Within 2 Months

Want to learn about the test

Which Degree do you wish to pursue?

When do you want to start studying abroad.

January 2024

September 2024

What is your budget to study abroad?

How would you describe this article ?

Please rate this article

We would like to hear more.

Have something on your mind?

Make your study abroad dream a reality in January 2022 with

India's Biggest Virtual University Fair

Essex Direct Admission Day

Why attend .

Don't Miss Out

Browse Course Material

Course info.

• Prof. Suzanne Berger

Departments

• Political Science

As Taught In

• Globalization
• International Economics
• Political Economy
• Social Justice

Learning Resource Types

Assignments.

Please write an essay on one of the two topics below. The essay should be 12-15 pages double-spaced. It is due on Lecture 7 at start of class. No additional reading or research is required beyond the syllabus, class lectures and section discussions.

• Historically, free trade seems to be a rather recent policy. Why were governments more protectionist in the past? Why and when - did states stop providing protection against economic forces coming from outside their borders? Is it that states are less willing - or that they are less able-to provide such protection today? What changed? The essay should consider alternative explanations of the decline of protectionism. It should identify which changes grew out of changes within domestic societies (e.g., in ideas, or interests, or national policies) and which derive from international factors (e.g., “globalization,” new institutions, changes in the relative power of different countries, and so forth). After considering different approaches, lay out and provide evidence for your own conclusion about the most convincing explanation. [Feel free if you wish to take a longer historical perspective and to consider the fall-rise-fall of protectionism from the 19th to the 21st centuries.]
• Who is for free trade and for capital mobility? Who opposes them (one, or the other, or both)? Do the positions on free trade and capital flows of individuals and of social groups depend mainly on their economic interests? Do given economic interests point clearly to support or opposition for lowering the barriers to cross-border flows? Or if some other factors are more important in determining positions on trade and capital markets - what are they? Which “other factors” might matter in explaining support or opposition? Lay out alternative views presented in the readings, and present your own conclusion. Provide evidence (historical or contemporary) from at least two different countries. Whichever position you take, be sure to consider counter-arguments.

Please write an essay on one of the two questions below. The paper should be 12-15 pages double spaced and it is due at the start of the last class.

• How can we evaluate the effects of globalization as against the other processes at work in the world at the same time? Why should we want to be able to sort out the impact of globalization from the impacts of other forces at work-how does this matter? Consider these issues by focusing on one important contemporary social, political, or economic issues. Examples might be inequality, economic growth, unemployment and job creation, development, democracy. Analyze how globalization has affected changes in this area, and in order to be able to specify the role of globalization, lay out carefully the other processes that may be at work. Lay out the argument on all sides, and draw your own conclusion about the significance of globalization for the issue in question. Consider whether changes in public policy (and which changes) might improve outcomes. Use evidence and arguments from readings of the entire semester in developing the arguments. [Note: you may choose some other issue, like culture, environment, or innovation - and examine globalization’s effects. But there’s not enough in the readings to make that possible, so you’d have to do extra reading. For the topics listed above, it is possible to write a good essay without further research.]
• Opponents of globalization argue that it weakens national governments making it difficult or impossible for them to maintain social welfare policies, environmental policies, and other fiscal redistributive measures. Others claim there is little or no evidence of national governments’ decline. Yet other writers seem to think that whatever the effects of globalization on governments, they are likely to be beneficial for long-term economic growth. Please analyze the claims laid out in this controversy, and try to argue the strongest case you can in favor of the view(s) you find most convincing. In doing so be sure to consider seriously the case that might be made against your position, and why you reject it.

You are leaving MIT OpenCourseWare

Essays about Globalization: Top 5 Examples and Prompts

Globalization or the integration of economies has its share of praise and backlash over the decades; Check out the examples in essays about globalization below. 

Globalization refers to the increased flow of goods, services, investments, labor capital, technologies, and ideas across borders. A classic manifestation of the globalized world is how a business sources raw materials from various countries to create a product. 

Globalization has provided numerous benefits, such as improved international cooperation, higher paying jobs in developing and least-developed countries, and economic interdependence, which aims to prevent wars. However, globalization has also been blamed for drawbacks, such as increasing inequality, greenhouse gas emissions, and labor abuse. 

If you’re writing an essay about globalization, here are a few easy examples to tickle your mind: 

1. Globalization of Markets by Theodore Levitt

2. does globalization hurt poor workers it’s complicated by layna mosley, 3. six ways to improve global supply chains by darrell west, 4. capital account liberalisation: new thoughts on an old topic by eswar prasad and raghuram rajan , 5. maximizing impact for farmed animals by ken swensen, 1. the history of globalization , 2. the impact of globalization on the poor, 3. increasing protectionism, 4. challenges of the world trade organization (wto), 5. what are trade agreements, 6. effects of globalization on the environment , 7. globalization and labor rights, 8. globalization in the lens of developing countries., 9. globalization in the fourth industrial revolution (fourth ir)., 10. data privacy in a globalized world..

“Everywhere everything gets more and more like everything else as the world’s preference structure is relentlessly homogenized.” 

Levitt, who coined the word “globalization, shows how technology has driven globalization. This process has blurred the lines of differing culture-based tastes and moved consumer preference toward lower-cost, standardized goods like Coca-cola and Volkswagens. The late Harvard Business School professor warned that companies that don’t align with this new, more straightforward business reality would perish. 

“Political economists have long debated whether globalization started a “race to the bottom” throughout the developing world — that is, a lowering of labor and environmental standards as governments fiercely compete to attract multinational corporations and supply chain contracts.” 

Mosley offers a holistic view of the effects of globalization on labor markets and standards, pointing out the good, the bad, and the ugly. The political science professor stresses that long-term solutions must increase a country’s autonomy both on the international — through trade negotiations — and national — through the passage and proper implementation of domestic labor laws. 

“To summarize, the challenge of improving global supply chains is their multifaceted nature. There is not a single cause, which, if corrected, would address the situation but a series of difficult problems that interact in complex ways.”

The article is written to magnify the raging global supply chain issues which worsened and became more complex due to globalization. West highlights key policy areas, which governments must prioritize to fight transportation jams and rising prices of goods brought about by additional freight costs. 

“…[D]omestic savings are not the primary constraint on growth in these economies, as is implicitly assumed in the benchmark neoclassical framework. Moreover, access to international capital markets hasn’t helped emerging market economies to share their income risk more efficiently, a presumed benefit of financial globalisation.”

The essay builds on the lessons learned from the 1997 Asian financial crisis, which was hounded by currency exchange collapses and massive capital outflows. Ten years after this crisis, the authors advise developing countries to strengthen institutional capacities to ensure stability as economies worldwide inevitably move toward financial globalization. 

“This worldwide growth of factory farming is by far the largest threat to both farmed animals and wildlife.”

While globalization has driven the skyrocketing deaths of animals due to increased demand for meat, Swensen argues that fellow farm advocates must not lose hope in creating change. In this essay, the animal protection advocate outlines a few tips to help ignite activism against factory farming.

Writing Prompts on Essays about Globalization

To provide you with more ideas for your essay about globalization, see below our list of prompts that will surely draw the interest of your readers:

Globalization is said to begin as early as the time of conquerors when empires were hungry to dominate other territories and expand their stronghold. In your essay, you can trace its history from the ancient Silk Roads to the Bretton Wood Conference that laid the foundation for the General Agreement on Tariffs and Trade. Remember to cite sources, such as history books or online articles, when writing your essay.

Globalization is said to have lifted many people out of the poverty line by generating jobs and increasing incomes. Find studies by global organizations or financial institutions to have a clearer picture of the poverty reduction trajectory over decades. For an intriguing essay, write about economic growth improvements in developing and least-developed countries.

If globalization can reduce poverty, why would countries resort to protectionism? First, cite reasons why they resort to protectionism. Then discuss the different trade tools, tariffs, and non-tariff barriers available for protection. Finally, gather studies to see and explain the rise in using these tools.

The WTO is the organization that facilities global trade. First, dive deep into the issues the WTO faces, such as its broken dispute settlement body and growing mistrust in certain WTO members. Then, write about what the organization and world leaders are doing to address issues to counter threats to the multilateral system. 

If there is a globalized trading system, why is there a need for bilateral or regional trade agreements? You may answer this question in your essay by discussing the benefits of trade agreements to countries. If your country is part of a trade agreement, set your essay to focus on this trade deal by parsing out its positive and negative effects on your national economy. If there are disadvantages, cite them and lay down your government’s initiatives to counter these banes.

Globalization harms the environment and biodiversity. So first, write about your country’s environmental consequences in light of increased trade with other countries. Then, write about how authorities address environmental challenges, including landmark laws and policies. Finally, include what domestic companies do to balance their profit goals and corporate social responsibility. 

Labor has become one of the most contentious issues arising from globalization due to the terrible labor practices that have been unfolding, such as child labor and highly cheap labor. For this prompt, you may want to discuss the essential core standards enforced by the International Labor Organization to safeguard workers’ rights. Next, find out what penalties await those who defy these standards. Then, delve into what labor advocates are pushing to expand these standards and strengthen their enforcement. 

Write about how developing countries have benefitted from globalization. You may choose a specific field for this prompt. For example, globalization has helped disperse technologies from developed to developing countries. Technology transfer is key for developing countries to scale up innovation, move beyond the assembly lines and deepen their position in supply chains. You can gather data and studies to see how countries benefitted from technology transfer. You may also focus on your own country’s experience. 

The Fourth IR – an industrial age defined by advanced technologies like machine learning and big data — is revolutionizing the global model for doing business. Write about the technologies that can help improve logistics and employee collaboration, among other aspects of a business. Does physical location still matter with the blurring of boundaries in the Fourth IR? How can companies respond to lightning-fast changes in consumer preferences? These are some thought-provoking questions that will allow you to create an exciting essay. 

With more excellent connectivity and the ubiquity of technologies that capture and transfer data, protecting your personal information is more challenging than ever. Write about recent and emerging legislation to protect personal data. You may discuss how your country is complying with advanced data protection standards or creating its regime to protect citizens’ data privacy. You may also discuss what benefits companies can reap in protecting customers’ data and the penalties that await those who are negligent.

To boost your confidence in your writing capabilities, check out our essay writing tips . 

Check out our round-up of transition words to ensure a smooth flow of your essay ideas. 

Yna Lim is a communications specialist currently focused on policy advocacy. In her eight years of writing, she has been exposed to a variety of topics, including cryptocurrency, web hosting, agriculture, marketing, intellectual property, data privacy and international trade. A former journalist in one of the top business papers in the Philippines, Yna is currently pursuing her master's degree in economics and business.

View all posts

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.

Get the huge list of more than 500 Essay Topics and Ideas

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.

Customize your course in 30 seconds

Which class are you in.

• Travelling Essay
• Picnic Essay
• Our Country Essay
• My Parents Essay
• Essay on Favourite Personality
• Essay on Memorable Day of My Life
• Essay on Knowledge is Power
• Essay on Gurpurab
• Essay on My Favourite Season
• Essay on Types of Sports

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Download the App

Globalization and Its Challenges Essay

Globalization is a complex phenomenon which came into existence in the end of the twentieth century. Several decades ago it took days or even weeks for companies located in different countries to make a deal. Now it can be a matter of several hours. Interestingly, the word globalization is not new for people living in the twenty-first century, but sometimes the word is misused or misinterpreted.

Therefore, it is crucial to define the notion. Ukpere (2011, p. 6072) notes that globalization is “a state whereby national boundaries turn totally porous with respect to the movement of goods and capital and, to an extent, porous with respect to people, which is viewed… as cheap labor or, in some cases, cheap human capital”.

In other words, globalization presupposes no boundaries to business activity. The business activity is not confined to purely running business worldwide. Globalization also penetrates in such spheres of people’s life as education and even politics. The development of technology has enabled people to share information without paying any attention to location.

Many companies located in the developed countries shifted their facilities to developing countries. On the other hand, people from developing countries can look for jobs in developed countries. Basically, globalization has made the world smaller and more accessible, so to speak.

However, there are quite many negative effects. For instance, many people argue that globalization led to the global financial crisis in 2000s. These people state that various economies have become too interrelated. It is argued that some countries simply ‘shared’ their financial constraints with the rest of the world. There are many more challenges associated with globalization.

In the first place, people discuss problems developed countries face due to globalization. Thus, Rattner (2011) states that many people in developed countries lose as availability of workforce across the globe (e.g. China, India, Mexico, etc.) contributes greatly to the increase of unemployment within the country.

Rattner (2011) provides an example of the impact of globalization. The author focuses on such manufacturers as General Motors and Volkswagen. These giants shifted their capacities to other countries to reduce their expenditures. Admittedly, Americans are forced to work for lower wages as they understand that manufacturers can easily operate abroad.

Rattner (2011, n.p.) estimates that some workers will get $30,000 per year which can hardly be “the American dream of great middle-class jobs”. In fact, this is the major challenge for developed countries. Businesses are under constant pressure as growing economies of developing countries become more and more competitive.

Seemingly, developing countries benefit from globalization, but in reality globalization leads to great disproportions. On the one hand, many plants and factories are being built on the territory of these countries. Of course, this leads to new working places. However, these people do not obtain very big salaries. The conditions people have to work in are often very difficult or sometimes simply intolerable. Besides, the big enterprises coming to developing countries often become monopolies which dictate their own rules.

Ukpere (2011) also notes that globalization has led to increased levels of poverty and inequality. Admittedly, well-paid jobs are not available for the majority of people living in the developing countries. Those who manage to get a good job soon become much wealthier than the rest. This disproportion is caused by different opportunities. Thus, some people have access to information, knowledge, education, while others remain far from these ‘achievements of civilization’.

Therefore, it is possible to state that globalization has quite controversial effects. It helps some countries develop whereas other countries experience certain decline in their economy. Of course, economies have become interrelated, which is quite dangerous. As the global crisis has shown all economies become vulnerable if some country fails to keep the necessary balance.

It is also important to note that globalization contributes to marginalization of some countries (Ukpere, 2011). It is acknowledged that some countries lag behind due to some factors. They can be unattractive for investment. These countries may lack for professionals in some fields due to inaccessibility of education and training. Scarce resources also make countries unattractive for investors. Thus, it is possible to state that one of the major negative effects of globalization is that it creates disproportions.

Nonetheless, globalization should not be seen as something negative. People who simply oppose globalization (arrange protest walks) waste their time. First of all, the process is inevitable. Globalization can be regarded as a synonym to development. The development of technology has already removed boundaries. Besides, globalization has many positive effects which cannot be ignored. Thus, it is necessary to take advantage of positive effects, while trying to diminish negative effects of globalization.

Of course, government should cooperate to work out specific policies concerning global market. It is important to allocate funds wisely. No country should be left aside. Admittedly, all countries have something particularly valuable for the global market. Though, at first not all the countries can be involved in the operations on the global market. However, the boundaries should expand gradually. The example of the European Union is one of the illustrations that global market can be real. The experience of the EU can also be really valuable when developing the policies. Admittedly, these policies should be quite strict to make businesses comply with the rules.

In this case, all countries will benefit from globalization. All countries will be involved in the development of the global market. This will lead to equal development of countries. Thus, developing countries will be able to reach the level of developed countries. Admittedly, such problems as famine or unemployment can be solved. It is only necessary to allocate resources (natural as well as human) appropriately. It has been acknowledged that people produce enough food and goods for the entire planet, but these goods are distributed disproportionately. Globalization will address the problem.

On balance, it is possible to note that globalization presupposes no boundaries for economic activities. Globalization is seen differently by different people. Some say it is a process which should be stopped. Some claim that globalization is a positive process which should be fostered. People have not come to a single conclusion on the matter. However, it is impossible to ignore the fact that globalization is still a promising process.

It can help people address such problems as disproportion of various resources. Eventually, globalization will help humanity develop. Of course, people will have to work together to benefit from globalization. This process presupposes mutual work of all governments. This may seem somewhat idealistic but people have no other choice. It is a fact that if a country in some part of the world experiences financial constraints, other countries of the globe will eventually experience the same problems. Thus, to succeed people will have to cooperate.

Reference List

Rattner, S. (2011). Let’s admit it: Globalization has losers . The New York Times . Web.

Ukpere, W.I. (2011). Globalization and the challenges of unemployment, income inequality and poverty in Africa. African Journal of Business Management, 5 (15).

• Chicago (A-D)
• Chicago (N-B)

IvyPanda. (2024, February 26). Globalization and Its Challenges. https://ivypanda.com/essays/globalization-and-its-challenges/

"Globalization and Its Challenges." IvyPanda , 26 Feb. 2024, ivypanda.com/essays/globalization-and-its-challenges/.

IvyPanda . (2024) 'Globalization and Its Challenges'. 26 February.

IvyPanda . 2024. "Globalization and Its Challenges." February 26, 2024. https://ivypanda.com/essays/globalization-and-its-challenges/.

1. IvyPanda . "Globalization and Its Challenges." February 26, 2024. https://ivypanda.com/essays/globalization-and-its-challenges/.

Bibliography

IvyPanda . "Globalization and Its Challenges." February 26, 2024. https://ivypanda.com/essays/globalization-and-its-challenges/.

• Threats to Globalization
• Democratic Globalization and Its Benefits
• Advantages and Disadvantages of Working Across Boundaries
• Globalization and Development
• Politics of Development: Globalization Challenges
• Globalization Negative Effects: Developed and Developing Countries
• Globalization and Its Discontents
• Working Across Boundaries Analysis
• Globalization and the World Economy
• Globalization
• Stability Strategies - Global Business Management
• Management of New Establishment in China
• Cultural Variation Across International Organisations
• Safety Management Systems in the Aviation Industry
• Recruitment Strategies - Global Business Management

• EssayBasics.com
• Pay For Essay
• Write My Essay
• Homework Writing Help
• Essay Editing Service
• Thesis Writing Help
• Write My College Essay
• Do My Essay
• Term Paper Writing Service
• Coursework Writing Service
• Write My Research Paper
• Assignment Writing Help
• Essay Writing Help
• Call Now! (USA) Login Order now
• EssayBasics.com Call Now! (USA) Order now
• Writing Guides

How to Write an Essay on Globalization

Table of Contents

• How to start
• How to write body paragraphs
• How to conclude
• Outline sample

Theme Actuality

As a topic and concept, globalization has had tremendous on how the world runs today. Currently, people use products from manufacturers who are thousands of miles away, and this can be attributed to globalization. As a topic, it has earned its place in economics and business books. It is, therefore, ideal whenever teachers give students essays or test students on globalization. The tests not only help students to become better writers but also helps them understand how the world works. Therefore, it is necessary to include globalization as a topic in class.

How to Start an Essay on Globalization

Good essay writing is indeed challenging. Moreover, students often complain of the difficulty of introducing a topic. Starting an essay can be problematic, and this explains why a majority of students seek help with essay writing. Introductions are indeed the most important part of an essay because they not only reveal a writer’s focus but also determines whether the audience will read the entire article or not. Therefore, writers need to exercise caution and base their article or essay on research and facts.

Here are tips to help you start an essay on globalization:

• Conduct exhaustive research on the topic under study.
• Prepare an outline with all the points and arguments you wish to include in your essay.
• If definitions are necessary, include them at the beginning of the essay. For example, provide the definition of globalization. While there is no problem in providing the dictionary definition, it is advisable to provide yours.
• Narrow the scope of your topic or article. Avoid being general and providing vague information within your article.
• Formulate a clear and appropriate thesis statement before you begin the essay. This will help you come up with the other supporting arguments.
• Make the introduction of your essay brief and to the point. Do not include a lot of information within your introduction but provide enough information to keep your audience interested.

While it can be a challenge finding a decent starting point, it is not impossible. By following the above, writers can find or establish a suitable starting point.

How to Write Body Paragraphs for an Essay on Globalization

In the body section, writers are expected to include supporting arguments. These arguments build on the main argument or the thesis statement. Therefore, they should enrich or improve on what the writer chose or developed as their primary argument. In the body section, being detailed is highly advisable, and therefore, writers are encouraged to make their papers comprehensive. The purpose of research or the bulk of research work often helps to write or develop this section.

Here are tips to help you write an essay on globalization:

• Use topic sentences. Each paragraph should highlight a specific point.
• Be detailed and provide examples in your essay.

How to Conclude an Essay on Globalization

As an introduction, writing a conclusion can also be a challenge. Every conclusion should have or leave a lasting impression on the audience.

Writers should, therefore, consider the following tips to guide them in writing a conclusion for an essay on globalization:

• Restate the thesis statement or main argument.
• Provide a summary of the main arguments you provided in the body section.
• Emphasize the main idea or the specific thing or issue you need your audience to remember after reading your essay.

Outline Sample

Outlines are important because they make a writer’s work easier. Essay writing can be a daunting task, but writers often make it simple by creating an outline before they begin the writing process.

Below is a sample of an outline of an essay on globalization:

Describe the social as well as cultural indicators or manifestations of globalization

Introduction

• Definition of globalization.
• Brief background information on the topic.
• Thesis statement. For example, Globalization has indeed been at the forefront of social and cultural change. The world has seen significant shifts in how people communicate and pass information, the internationalization of some services, as well as the dramatic impact in popular culture.
• Expound on the shifts in communication mechanisms.
• Internationalization of services.
• The borrowing as well as spread of popular culture.
• Restate the thesis statement.
• Summarize the essay’s main points.
• Highlight the importance or the impact of globalization on the social and cultural platforms of society.

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.

Related Posts

• Dante’s Inferno Analytical Essay Sample
• How to Write an A+ Comparative Essay
• Several Winning Tips on Travel Essay Writing
• How to write a 500 word essay and save your nerves?
• Great Depression Essay Example and Tips

Categories:

• Essay Samples
• Essay Topics
• Essay Writing Guides

Recent posts:

• 170 Ethics Essay Topics
• 160 Satire Essay Topics
• 160 Rhetorical Essay Topics
• 155 Criminal Justice Essay Topics
• 150 Political Essay Topics
• 145 Classification Essay Topics
• 140 Sociology Essay Topics
• 140 Opinion Essay Topics
• 140 Environmental Essay Topics
• 135 Controversial Essay Topics
• 125 Classification and Division Essay Topics
• 120 Literary Essay Topics
• 100 Profile Essay Topics
• 90 Heart of Darkness Essay Topics
• 80 Holocaust Essay Topics

Testimonials

• About Project
• Testimonials

Business Management Ideas

Essay on Globalisation

List of essays on globalisation, essay on globalisation – definition, existence and impact (essay 1 – 250 words), essay on globalisation (essay 2 – 250 words), essay on globalisation – in india (essay 3 – 400 words), essay on globalisation – objectives, advantages, disadvantages and conclusion (essay 4 – 500 words), essay on globalisation – for school students (class 6,7,8,9 and 10) (essay 5 – 600 words), essay on globalisation (essay 6 – 750 words), essay on globalisation – for college and university students (essay 7 – 1000 words), essay on globalisation – for ias, civil services, ips, upsc and other competitive exams (essay 8 – 1500 words).

The worldwide integration of people, services and interests is what globalisation is all about. Since the last decade, there has been a tremendous focus on globalisation with everyone trying to have a reach at even the remotest locations of the world. This has probably been possible due to the advancement in technology and communication.

Audience: The below given essays are especially written for school, college and university students. Furthermore, those students preparing for IAS, IPS, UPSC, Civil Services and other competitive exams can also increase their knowledge by studying these essays.

The word ‘Globalization’ is often heard in the business world, in corporate meetings, in trade markets, at international conferences, in schools, colleges and many other places. So what does globalization symbolize? Is it a new concept or did it exist earlier? Let’s see.

Definition:

Globalization refers to the integration of the world nations by means of its people, goods, and services. The statement – ‘ globalization has made the world a small village ’ is very true.

Countries inviting foreign investment, free trade and relaxation in the visa rules to allow seamless movement of people from one country to another are all part of globalization.

In a nutshell, globalization has reduced the distance between nations and its people.

Many among us refer to the current period that we live in as ‘The Era of Globalization’ and think that the process of globalization has started only recently. But the real fact is that globalization is not a new phenomenon . The world was moving towards globalization from a very long time. The term globalization was in existence since mid-1980s. But it was only from the early 21 st century that globalization picked up momentum due to the advancements in technology and communication.

Impact of Globalization:

Globalization has more positive outcomes than the negative ones. The impact of globalization on the developing countries such as India, China and some African countries are overwhelming. Foreign investments have created a lot of employment opportunities in the developing countries and have boosted their economy. Globalization has also enabled people to interchange their knowledge and culture.

Conclusion:

Although the world is not completely globalized, we can very well say that globalization is the best way to achieve equality among nations.

In simple words, globalization means the spreading of a business, culture, or any technology on an international level. When the boundaries of countries and continents matter no more, and the whole world becomes one global village in itself. Globalization is an effort to reduce the geographical and political barriers for the smooth functioning of any business.

There are four main factors that form the four pillars of globalization. These are the free flow of goods, capitals, technology, and labors, all across the world. Although, many of the experts that support globalization clearly refuse to acknowledge the free flow of labor as their work culture.

The international phenomenon of global culture presents many implications and requires a specific environment to flourish. For instance, it needs the other countries to come to a mutual agreement in terms of political, cultural, and economic policies. There is greater sharing of ideas and knowledge and liberalization has gained a huge importance.

Undoubtedly, globalization helps in improving the economic growth rate of the developing countries . The advanced global policies also inspire businesses to work in a cost-effective way. As a result, the production quality is enhanced and employment opportunities are also rising in the domestic countries.

However, there are still some negative consequences of globalization that are yet to be dealt with. It leads to greater economic and socio-cultural disparities between the developed and the developing countries. Due to the MNC culture, the small-scale industries are losing their place in the market.

Exchanges and integration of social aspect of people along with their cultural and economic prospects is what we term as Globalization. It is considered as a relatively new term, which has been in discussion since the nineties.

Initial Steps towards Globalization:

India has been an exporter of various goods to other countries since the earlier times. Hence Globalization, for India, is not something new. However, it was only around in the early nineties that India opened up its economy for the world as it faced a major crisis of severe crunch of foreign exchange. Since then, there has been a major shift in the government’s strategies while dealing with the PSUs along with a reduction in the monopoly of the government organisations perfectly blended with the introduction of the private companies so as to achieve a sustainable growth and recognition across the world.

The Measurement of Success:

The success of such measures can be measured in the form of the GDP of India which hovered around 5.6% during the year 1990-91 and has been now around 8.9% during the first quarter of 2018-19. In fact, in the year 1996-97, it was said to have peaked up to as high as 77.8%. India’s global position is improved tremendously due to the steady growth in the GDP thus furthering the impact of globalization on India. As on date, India is ranked as the sixth biggest economy in the world. This globalization leading to the integration and trade has been instrumental in reducing the poverty rate as well.

However, given the fact that India is the second most populated country of the world, after China, this growth cannot be considered as sufficient enough as other countries such as China have increased their growth rates at much faster pace than India. For instance, the average flow of FDI in India, over the past few years has been around 0.5% of the GDP while for countries such as China it has been around 5% and Brazil has had a flow of around 5.5%. In fact, India is considered among the least globalized economy among the major countries.

Summarily, there has been a tremendous increase in the competition and interdependence that India faces due to Globalization, but a lot is yet to be done. It is not possible for a country to ignore the developments and globalization occurring in the rest of the world and one need to keep the pace of growth at a steady rate or else you may be left far behind.

The twentieth century witnessed a revolutionary global policy aiming to turn the entire globe into a single market. The motive of globalization can broadly define to bring substantial improvement in the living condition of people all around the world, education, and shelter to everybody, elimination of poverty, equal justice without any race or gender consideration, etc. Globalization also aims to lessen government involvement in various development activities, allowing more direct investors/peoples’ participation cutting across border restrictions thus expected to reap reasonable prosperity to human beings.

Main Objectives of Globalization:

The four main aspects of globalization are; Capital and Investment movements, Trade and Transactions, Education and Spread of knowledge, along with Migration and Unrestricted Movement of People.

In simpler terms, globalization visualizes that one can purchase and sell goods from any part of the world, communicate and interact with anyone, anywhere in the world and also enables cultural exchange among the global population. It is operational at three levels namely, economic globalization, cultural globalization, and political globalization. Right from its inception, the impact of globalization has both advantages and disadvantages worldwide.

Advantages of Globalization:

As the word itself suggests, this policy involves all the nations across the globe. The lifting of trade barriers can have a huge impact especially in developing countries. It augments the flow of technology, education, medicines, etc., to these countries which are a real blessing.

Globalization expects to create ample job opportunities as more and more companies can extend their presence to different parts of the world. Multinational companies can establish their presence in developing countries. Globalization gives educational aspirants from developing and underdeveloped countries more quality learning opportunities. It leads not only to the pursuit of best higher education but also to cultural and language exchanges.

Globalization also enhances a faster flow of information and quick transportation of goods and services. Moreover one can order any item from anywhere merely sitting at home. Another plus point of globalization is the diminishing cultural barriers between nations as it offers free access and cultural interactions . Also, it has been observed that there is a considerable reduction of poverty worldwide due to globalization . In addition to this, it also enables the effective use of resources.

Disadvantages of Globalization:

Globalization turned out to be a significant threat to the cottage and small-scale industries as they have to compete with the products of multi-national companies. Another dangerous effect of globalization is the condition of weak sections of the society, as they are getting poorer and the rich are getting richer. The situation leads to the domination of economically rich countries over emerging countries and the increase of disparity.

The actions of multi-national companies are deplorable and always facing criticism from various social, government and world bodies as they are incompetent in offering decent working conditions for the workers. Irrational tapping of natural resources which are instrumental in causing ecological imbalance is another major accusation against multi-national companies.

Globalization is also blamed to have paved the way for human trafficking, labor exploitation and spread of infectious diseases too. In addition to all these, if any economic disaster hit a country and if they subsequently suffer from economic depression, its ripples are felt deeply in other countries as well.

Despite all its disadvantages, globalization has transformed the entire globe into a single market irrespective of its region, religion, language, culture, and diversity differences. It also leads to an increase in demand for goods, which in turn calls for more production and industrialization. Our focus should be to minimize the risks and maximize the positive outcome of global policy, which in turn can help for a sustainable long-standing development for people all around the world.

Introduction:

Globalization is the procedure of global political, economic, as well as cultural incorporation of countries . It lets the producers and manufacturers of the goods or products to trade their goods internationally without any constraint.

The businessman fetches huge profit as they easily get low price workforce in developing nations with the concept of globalization. It offers a big prospect to the firms who wish to deal with the global market. Globalization assists any nation to contribute, set up or amalgamate businesses, capitalize on shares or equity, vending of services or products in any country.

How does the Globalization Work?

Globalization benefits the international market to the entire deliberate world like a solitary marketplace. Merchants are spreading their extents of trade by aiming world as a worldwide community. In the 1990s, there was a limit of importing some goods that were already mass-produced in India such as engineering goods, agricultural products, toiletries, food items, etc.

But, in the 1990s the rich countries pressurize the WTO (World Trade Organization), World Bank (affianced in improvement financing activities), and IMF (International Monetary Fund) to let other nations spread their trades by introducing market and trade in the deprived and emerging countries. The process of liberalization and globalization in India began in the year 1991 below the Union Finance Minister Mr. Manmohan Singh.

After numerous years, globalization has fetched major uprising inside the Indian marketplace when international brands arrived in India such as KFC, PepsiCo, Mc. Donald, Nokia, IBM, Aiwa, Ericsson, etc., and began the delivery of an extensive variety of quality goods at low-cost rates.

The entire leading brands presented actual uprising of globalization at this time as a marvellous improvement to the economy of an industrial sector. Rates of the quality goods were also getting low owing to the cut-throat war happening in the marketplace.

Liberalization and globalization of the businesses in the Indian marketplace is submerging the quality of imported goods but influencing the local Indian businesses badly in large part causing the job loss of illiterate and poor labors. Globalization has remained a goldmine for the customers, but it is also a burial ground for the small-scale manufacturers in India.

Positive Influences of Globalisation:

Globalization has influenced the education sectors and students of India predominantly by making accessible the education material and enormous info on the internet. Association of Indian universities with the overseas universities has fetched a massive modification in the education business.

The health industries are too influenced enormously by the globalization of health observing electronic apparatuses, conventional drugs, etc. The trade globalization in the agricultural sector has provided a range of high-quality seeds possessing disease-fighting property. But, it is not beneficial for the underprivileged Indian agriculturalists owing to the reason of expensive seeds as well as agricultural equipment.

Globalization has given an enormous rebellion to the occupation sector by increasing the growth of trades related to the handloom , cottage, artisans and carving, carpet, jewellery, ceramics, and glassware, etc.

Globalization is definitely required by the people and nation to progress and turn into an established society and country. It benefits in expanding our visualization and thoughts. It also aids in endorsing the philosophy that we fit in a huge crowd of persons, i.e., the humankind. Once the two nations congregate, they flourish by sharing their beliefs, thoughts, opinions, customs, and behaviors. People come to know new things and also acquire a chance to discover and get acquainted with other values.

Globalization has provided many reasonably priced valued goods and complete economic welfares to the emerging nations in addition to the employment. But, it has also given growth to the crime, competition, terrorism, anti-national activities, etc. Thus, along with the pleasure it has supplied some grief too.

Globalization is a term that we hear about every now and then. Question is; do we really know what it is all about? Globalization is defined as the process of integration and interaction among people, cultures and nations who come together in order to get things done easily through contact. Globalization began with the migration of people from Africa to different parts of the world. Global developments have been achieved in various sectors through the different types of globalization. The effects of globalization have been felt in every part of the world and more people continue to embrace it. Globalization has some of its core elements that help in the process.

Types of Globalization:

Globalization does not just transform a sector unless the strategies are related to that specific sector. The first type of globalization is financial and economic globalization whereby interaction takes place in the financial and economic sectors especially through stock market exchange and international trade. The other type is technological globalization which involves the integration and connection of different nations through technological methods like the internet. Political globalization transforms the politics of a nation through interactions with adoption of policies and government that cut across other nations. Cultural globalization is basically the interaction of people from different cultures and sharing. Ecological globalization is the viewing of the earth as one ecosystem and sociological globalization is on equality for all people.

Elements of Globalization:

Globalization works with characteristic elements. Trade agreements is one of the components that significantly benefits the economic and financial globalization. These trade agreements have been designed to promote and sustain globalization by preventing barriers that inhibit trade among nations or regions. Another element is capital flow that is concerned with the measures of either a decline or a rise in domestic or foreign assets. Migration patterns is a socio-economical and cultural element that monitors the impacts of immigration and emigration actively. The element of information transfer involves communications and maintains the functioning of the markets and economies. Spread of technology is an element of globalization that facilitates service exchanges. Without these elements, globalization would have faced many challenges, which would even stagnate the process of globalization.

Impacts of Globalization:

The impact of globalization is felt differently among individuals but the end result will be either positive or negative. Globalization has impacts on the lives of individuals, on the aspects of culture, religions and education. The positive impacts of globalization include the simplification of business management through efficiency. In business, the quality of goods and services has increased due to global competition. Foreign investment has been facilitated by globalization and the global market has been able to expand. Cultural growth has been experienced through intermingling and accommodation. Interdependence among nations has developed and more people have been exposed to the exchange program between nations. Improvement of human rights and legal matters has improved through media and technology sharing. Poverty has been alleviated in developing countries due to globalization and also employment opportunities are provided. Through technology, developments have been positively influenced in most parts of the world.

Although globalization has positive impacts, the negative impacts will remain constant unless solutions are sought. One of the negative effects of globalization is job insecurity for some people. Through globalization, more innovations are achieved, for e.g., technology causes automation and therefore people get replaced and they lack jobs. Another negative impact is the frequent fluctuation of prices of commodities that arises from global competitions. On the cultural side, the fast food sector has become wide spread globally, which is an unhealthy lifestyle that was adopted due to globalization. Also, Culture has been negatively affected for people in Africa because they tend to focus more on adopting the western culture and ignore their cultural practices.

Possible Solutions to the Negative Impacts of Globalization:

Globalization has impacted the society negatively and some of the solutions might help to mitigate the impacts. When adopting cultures from other people, it is important to be keen on the effects of the culture on the people and the existing culture being practiced. For example, Africans should not focus more of the western culture such that they ignore their own culture.

In conclusion, it is evident that globalization results in both negative and positive consequences. The society should embrace the positive and mitigate the negative impacts. Globalisation is a dynamic process which involves change, so flexibility among people is a must.

The buzzword befitted to describe the growth of Modern Indian economy is ‘Globalization’. But what exactly is Globalization? Globalization can be defined as integrating the economy of a country with the rest of the countries of the world. From the Indian perspective, this implies encouraging free trade policies, opening up our economy to foreign direct investment, removing constraints and obstacles to the entry of multinational corporations in India, also allowing Indian companies to set up joint ventures abroad, eliminating import restrictions, in-short encouraging Free Trade policies.

India opened its markets to Global Trade majorly during the early Nineties after a major economic crisis hit the country. New economic reforms were introduced in 1991 by then Prime Minister Shri. P V. Narasimha Rao and Finance Minister at the time, Dr. Manmohan Singh. In many ways, the new economic policies positively contributed to the implementation of the concept of Globalization in India.

It’s Impact:

1. Economic Impact :

Globalization in India targets to attract Multinational Companies and Institutions to approach Indian markets. India has a demography with a large workforce of young citizens who  are in need of jobs. Globalization has indeed left a major impact in the jobs sector. Indian companies are also expanding their business all over the world. They are driving funds from the bigwigs of the Global economy.

The Best example in today’s time is OYO Rooms, a budding Indian company in the hospitality sector. OYO Rooms recently made headlines when it declared to raise a fund close to $1 Billion from Japan’s Soft Bank Vision Fund. Globalization has also led the Indian Consumer market on the boom. The Giant of FMCG (fast-moving consumer goods) sector WALMART is also enthusiastic and actively investing in the India market.

2. Socio-Cultural impact on the Indian Society:

The world has become a smaller place, thanks to the social networking platforms blooming of the internet. India is a beautiful country which takes immense pride in “Unity in Diversity” as it is home to many different cultures and traditions. Globalization in India has left a lasting impression on the socio-cultural aspect of Indian society.

Food chains like McDonald’s are finding its way to the dining tables. With every passing day, Indians are indulging more and more in the Western culture and lifestyle. But Globalization in India has also provided a vibrant World platform for Indian Art, Music, Clothing, and Cuisine.

The psychological impact on a common Indian Man: The educated youth in India is developing a pictorial identity where they are integrating themselves with the fast-paced, technology-driven world and at the same time they are nurturing the deep roots of Indian Culture. Indians are fostering their Global identity through social media platforms and are actively interacting with the World community. They are more aware of burning issues like Climate Change, Net neutrality, and LGBT rights.

Advantages:

India has taken the Centre Stage amongst the Developing Nations because of its growing economy on the World Map. Globalization in India has brought tremendous change in the way India builds its National and International policies. It has created tremendous employment opportunities with increased compensations.

A large number of people are hired for Special Economic Zones (SEZs), Export Processing Zones (EPZs), etc., are set up across the country in which hundreds of people are hired. Developed western countries like USA and UK outsource their work to Indian companies as the cost of labour is cheap in India. This, in turn, creates more employment. This has resulted in a better standard of living across the demographic of young educated Indians. The Indian youth is definitely empowered in a big way.

Young lads below the age of 20 are now aspiring to become part of global organizations. Indian culture and morals are always strengthening their roots in modern world History as the world is now celebrating ‘International Yoga Day’ on 21st June every year. Globalization in India has led to a tremendous cash flow from Developed Nations in the Indian market. As a positive effect, India is witnessing the speedy completion of Metro projects across the country. Another spectacular example of newly constructed High-end Infrastructure in the country is the remarkable and thrilling ‘Chenani-Nashri Tunnel’, Longest Tunnel in India constructed in the State of Jammu and Kashmir. Globalization has greatly contributed in numerous ways to the development of Modern India.

Disadvantages:

As there are so many pros we cannot turn a blind eye to the cons of Globalization which are quite evident with the Indian perspective. The worst impact is seen in the environment across Indian cities due to heavy industrialization. Delhi, the capital of India has made headlines for the worst ever air pollution, which is increasing at an alarming rate.

India takes pride in calling itself an Agriculture oriented nation, but now Agriculture contributes to fragile 17% of the GDP. Globalization in India has been a major reason for the vulnerable condition of Indian Farmers and shrinking Agriculture sector. The intrusion of world players and import of food grains by the Indian Government has left minimal space for Indian farmers to trade their produce.

The impact of westernization has deeply kindled individualism and ‘Me factor’ and as a result, the look of an average Indian family has changed drastically where a Nuclear family is preferred over a traditional Joint family. The pervasive media and social networking platforms have deeply impacted the value system of our country where bigotry and homophobia are becoming an obvious threat.

One cannot clearly state that the impact of Globalization in India has been good or bad as both are quite evident. From the economic standpoint, Globalization has indeed brought a breath of fresh air to the aspirations of the Indian market. However, it is indeed a matter of deep concern when the Indian traditions and value system are at stake. India is one of the oldest civilizations and World trade has been the keystone of its History. Globalization must be practiced as a way towards development without compromising the Indian value system.

Globalisation can simply be defined as the process of integration and interaction between different people, corporations and also governments worldwide. Technology advancement which has in turn advanced means of communication and transportation has helped in the growth of globalisation. Globalisation has brought along with it an increase in international trade, culture and exchange of ideas. Globalisation is basically an economic process that involves integration and interaction that deals also with cultural and social aspects. Important features of globalisation, both modern and historically are diplomacy and conflicts.

In term of economy, globalisation involves services and goods, and the resources of technology, capital and data. The steamship, steam locomotive, container ship and jet engine are a few of the many technological advances in transportation while the inception of the telegraph and its babies, mobile phones and the internet portray technological advances in communications. These advancements have been contributing factors in the world of globalisation and they have led to interdependence of cultural and economic activities all over the world.

There are many theories regarding the origin of globalisation, some posit that the origin is in modern times while others say that it goes way back through history before adventures to the new world and the European discovery age. Some have even taken it further back to the third millennium. Globalisation on a large-scale began around the 1820s. Globalisation in its current meaning only started taking shape in the 1970s. There are four primary parts of globalisation, they are: transactions and trade, investments and capital movement, movement and migration of people and the circulation of knowledge and information. Globalization is subdivided into three: economic globalisation, political globalisation and cultural globalisation.

There are two primary forms of globalisation: Archaic and Modern Globalisations. Archaic globalisation is a period in the globalisation history from the period of the first civilisations until around the 1600s. Archaic globalisation is the interaction between states and communities and also how they were incepted by the spread by geography of social norms and ideas at different levels.

Archaic globalisation had three major requirements. First is the Eastern Origin idea, the second is distance, the third is all about regularity, stability and inter-dependency. The Silk Road and trade on it was a very important factor in archaic globalisation through the development of various civilisations from Persia, China, Arabia, Indian subcontinent and Europe birthing long distance economic and political relationships between them. Silk was the major item from China along the Silk Road; other goods such as sugar and salt were also traded.

Philosophies, different religious beliefs and varying technologies and also diseases also moved along the Silk Road route. Apart from economic trade, the Silk Road also was a means of cultural exchange among the various civilisations along its route. The cultural exchange was as a result of people’s movement including missionaries, refugees, craftsmen, robbers, artists and envoys, resulting in religions, languages, art and new technologies being exchanged.

Modern globalisation can be sub-divided into early modern and Modern. Early modern globalisation spans about 200 years of globalisation between 1600 and 1800. It is the period of cultural exchange and trade links increasing just before the modern globalisation of the late 19 th century. Early modern globalisation was characterised by Europeans empires’ maritime of the 16 th and 17 th centuries. The Spanish and Portuguese Empires were the first and then we had the British and Dutch Empires. The establishment of chartered companies (British East India Company and the Dutch East India Company) further developed world trade.

Modern Globalisation of the 19 th century was as a result of the famed Industrial Revolution. Railroads and steamships made both local and international transportation easier and a lot less expensive which helped improve economic exchange and movement of people all over the world, the transportation revolution happened between 1820 and 1850. A lot more nations have embraced global trade. Globalisation has been shaped decisively by the imperialism in Africa and in Asia around the 19 th century. Also, the ingenious invention in 1956 of the shipping container has really helped to quicken the advancement of globalisation.

The Bretton Woods conference agreement after the Second World War helped lay the groundwork for finance, international monetary policy and commerce and also the conception of many institutions that are supposed to help economic growth through lowering barriers to trade. From the 1970s, there has been a drop in the affordability of aviation to middle class people in countries that are developed. Also, around the 1990s, the cost of communication networks also drastically dropped thus lowering the cost of communicating between various countries. Communication has been a blessing such that much work can be done on a computer in different countries and the internet and other advanced means of communications has helped remove the boundary of distance and cost of having to travel and move from place to place just to get business done.

One other thing that became popular after the Second World War is student exchange programmes which help the involved students learn about, understand and tolerate another culture totally different from theirs, it also helps improve their language skills and also improve their social skills. Surveys have shown that the number of exchange students have increased by about nine times between 1963 and 2006.

Economic globalisation is differentiated from modern globalisation by the information exchange level, the method of handling global trade and expansionism.

Economic Globalisation:

Economic globalisation is just the ever increasing interdependence of economies of nations worldwide caused by the hike in movement across borders of goods, services, capital and technology. Economic globalisation is basically the means of increasing economic relationships between countries, giving rise to the birth of a single or global market. Based on the worldview, Economic globalisation can be seen as either a negative or positive thing.

Economic globalisation includes: Globalisation of production; which is getting services and goods from a source from very different locations all over the world to gain from the difference in quality and cost. There is globalisation of markets; which is the coming together of separate and different markets into one global market. Economic globalisation includes technology, industries, competition and corporations.

Globalisation today is all about less developed countries and economies receiving FDI (Foreign Direct Investment) from the more developed countries and economies, reduction in barriers to trade and to particular extent immigration.

Political Globalisation:

Political globalisation is going to on-the-long-run drop the need for separate nation or states. Institutions like the International Criminal court and WTO are beginning to replace individual nations in their functions and this could eventually lead to a union of all the nations of the world in a European Union style.

Non-governmental organisations have also helped in political globalisation by influencing laws and policies across borders and in different countries, including developmental efforts and humanitarian aid.

Political globalisation isn’t all good as some countries have chosen to embrace policies of isolation as a reactionary measure to globalisation. A typical example is the government of North Korea which makes it extremely difficult and hard for foreigners to even enter their country and monitor all of the activities of foreigners strictly if they allow them in. Citizens are not allowed to leave the country freely and aid workers are put under serious scrutiny and are not allowed in regions and places where the government does not want them to enter.

Intergovernmentalism is the treatment of national governments and states as the major basic factors for integration. Multi-level governance is the concept that there are many structures of authority interacting in the gradual emergence of political globalisation.

Cultural Globalisation:

Cultural globalisation is the transmission of values, ideas and meanings all over the world in a way that intensify and extend social relations. Cultural globalisation is known by the consumption of different cultures that have been propagated on the internet, international travel and culture media. The propagation of cultures helps individuals to engage in social relations which break regional boundaries. Cultural globalisation also includes the start of shared knowledge and norm which people can identify their cultures collectively; it helps foster relationships between different cultures and populations.

It can be argued that cultural globalisation distorts and harms cultural diversity. As one country’s culture is inputted into another country by the means of globalisation, the new culture becomes a threat to the cultural diversity of the receiving country.

Globalisation has made the world into one very small community where we all interact and relate, learn about other cultures and civilisations different from ours. Globalisation has helped improve the ease of doing business all around the world and has made the production of goods and services quite easy and affordable. Globalisation isn’t all good and rosy as it can be argued that Globalisation is just westernisation as most cultures and beliefs are being influenced by the western culture and belief and this harms cultural diversity. Nevertheless, the good of globalisation outweighs the bad so globalisation is actually a very good thing and has helped shape the world as we know it.

Economics , Globalisation

Get FREE Work-at-Home Job Leads Delivered Weekly!

Join more than 50,000 subscribers receiving regular updates! Plus, get a FREE copy of How to Make Money Blogging!

Message from Sophia!

Like this post? Don’t forget to share it!

Here are a few recommended articles for you to read next:

• Which is More Important in Life: Love or Money | Essay
• Essay on My School
• Essay on Solar Energy
• Essay on Biodiversity

No comments yet.

Leave a reply click here to cancel reply..

You must be logged in to post a comment.

Billionaires

• Donald Trump
• Warren Buffett
• Email Address
• Free Stock Photos
• Keyword Research Tools
• URL Shortener Tools
• WordPress Theme

Book Summaries

• How To Win Friends
• Rich Dad Poor Dad
• The Code of the Extraordinary Mind
• The Luck Factor
• The Millionaire Fastlane
• The ONE Thing
• Think and Grow Rich
• 100 Million Dollar Business
• Business Ideas

Digital Marketing

• Mobile Addiction
• Social Media Addiction
• Computer Addiction
• Drug Addiction
• Internet Addiction
• TV Addiction
• Healthy Habits
• Morning Rituals
• Wake up Early
• Cholesterol
• Reducing Cholesterol
• Fat Loss Diet Plan
• Reducing Hair Fall
• Sleep Apnea
• Weight Loss

Internet Marketing

• Email Marketing

Law of Attraction

• Subconscious Mind
• Vision Board
• Visualization

Law of Vibration

• Professional Life

Motivational Speakers

• Bob Proctor
• Robert Kiyosaki
• Vivek Bindra
• Inner Peace

Productivity

• Not To-do List
• Project Management Software
• Negative Energies

Relationship

• Getting Back Your Ex

Self-help 21 and 14 Days Course

Self-improvement.

• Body Language
• Complainers
• Emotional Intelligence
• Personality

Social Media

• Project Management
• Anik Singal
• Baba Ramdev
• Dwayne Johnson
• Jackie Chan
• Leonardo DiCaprio
• Narendra Modi
• Nikola Tesla
• Sachin Tendulkar
• Sandeep Maheshwari
• Shaqir Hussyin

Website Development

Wisdom post, worlds most.

• Expensive Cars

Our Portals: Gulf Canada USA Italy Gulf UK

Privacy Overview

• Accountancy
• Business Studies
• Commercial Law
• Organisational Behaviour
• Human Resource Management
• Entrepreneurship
• CBSE Class 12 Indian Economic Development Notes

Chapter 1: Indian Economy on the Eve of Independence

• Indian Economy on the eve of Independence
• Agriculture Sector on the Eve of Independence
• Industrial Sector on the Eve of Independence
• Foreign Trade and Demographic Condition on the Eve of Independence
• Occupational Structure and Infrastructure on the Eve of Independence
• Policies of British Rulers that led to Exploitation of Indian Economy
• Impact of Partition on the Indian Economy

Chapter 2: Indian Economy (1950-1990)

• Indian Economy (1950-1990): Economic System adopted by Independent India
• Economic Planning during 1950-1990
• India’s Five Year Plan
• Evaluation (Achievements and Failures) of Economic Planning till 1991
• Agriculture during 1950-1990
• Policies or Measures to Solve Agricultural Problems during 1950-1990
• Green Revolution: Impacts, Achievements and Shortcomings
• Debate Over Subsidies to Agriculture
• Industries during 1950-1990
• Industrial Policy Revolution, 1956
• Foreign Trade during 1950-1990|Trade Policy: Import Substitution
• P.C. Mahalanobis and His Contribution

Chapter 3: Liberalisation, Privatisation, and Globalisation: An Appraisal

• Economic Reforms: Need and Criticism of Economic Reforms
• New Economic Policy 1991: Objectives and Components
• Liberalisation: Meaning, Economic Reforms Adopted by Indian Government and Objectives
• Privatisation: Meaning, Disinvestment, Rationale and Obstacles to Privatisation in India

Globalisation: Meaning, Advantages, Disadvantages and Types

• World Trade Organisation (WTO): Features, Functions and Objectives
• Impact of Liberalisation, Privatisation, and Globalisation
• Concept and Features of Demonetization
• What is GST? Types, Features, Benefits, Input Tax Credit, GST Council

Chapter 4: Human Capital Formation in India

• Human Capital Formation: Meaning, Sources, Role and Importance
• Difference between Physical Capital and Human Capital
• Sources of Human Capital Formation
• Problems of Human Capital Formation
• Role of Human Capital on Economic Growth
• Difference between Human Capital and Human Development
• Human Capital Formation in India: Growth of the Education Sector in India

Chapter 5: Rural Development

• Rural Development: Meaning, Significance, Process and Evaluation
• Rural Credit: Meaning, Purpose, Need, Sources and Critical Appraisal
• Sources of Rural Credit
• Agricultural Marketing: Meaning, Measures, Defects and Alternate Marketing Channels
• Agricultural Diversification: Needs, Benefits and Types
• Organic Farming: Meaning, Benefits, Challenges and Future Prospects of Organic Farming

Chapter 6: Employment: Growth, Informalisation and Other Issues

• Employment: Meaning, Importance, Basic Terms of Employment and Participation of people in Employment
• Forms of Employment: Self and Wage Employment
• Distribution of Employment
• Growth and Changing Structure of Employment
• Informalisation of Indian Workforce
• Difference between Formal Sector and Informal Sector
• Unemployment: Meaning, Causes, Effects and Remedial Measures
• Unemployment and its Types

Chapter 7: Environment and Sustainable Development

• Environment: Meaning, Functions, and Reasons for Environmental Crisis
• Environmental Degradation in India
• Causes and Impact of Environmental Degradation
• What are the measures to control Environmental Degradation ?
• Sustainable Development: Meaning, Objectives and Strategies

Chapter 8: Comparative Development Experiences of India and its Neighbours

• Great Leap Forward (GLF) | Meaning, Components and Effects
• Comparative Study between India, China, and Pakistan
• Appraisal of Development Strategies of India, China, and Pakistan

CBSE Previous Year Papers (2020)

• CBSE Class 12 Economics Solved Question Paper 2020 - Set 1
• CBSE Class 12 Economics Solved Question Paper 2020 (Set 58/1/2)
• Class 12 Economics Solved Question Paper 2020 (Set 58/1/3)
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 2
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 2 (58/2/2)
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 2 (58/2/3)
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 3
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 3 (58/3/2)
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 3 (58/3/3)
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 4 (Code No. 58/4/1)
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 4 (58/4/2)
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 4 (58/4/3)
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 5 (58/5/1)
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 5 (58/5/2)
• CBSE Class 12 Economics Solved Question Paper 2020 - Set 5 (58/5/3)

Chapters not in Current CBSE Syllabus (2024-2025)

Chapter: poverty.

• Poverty : Meaning, Characteristics, and Measures
• Difference between Relative Poverty and Absolute Poverty
• Poverty Line: Meaning, Determination, Types and Criticism
• Trends and Dimensions of Poverty in India
• Impact and Causes of Poverty
• What are the Government Approach to remove Poverty?
• Poverty Alleviation Programmes in India
• Measures to Remove Poverty
• Anti-Poverty Measures

Chapter: Infrastructure

• Infrastructure: Meaning, Characteristics, Importance and Types
• Energy Infrastructure
• Difference between Commercial and Non-commercial Sources of Energy
• Conventional vs Non-Conventional Sources of Energy
• Health Infrastructure in India
• Power Infrastructure: Sources, Challenges and Measures to meet Power Crisis
• Difference between Economic Infrastructure and Social Infrastructure

What is Globalisation?

Globalisation is the process of integrating a country’s economy with the global economy by removing restrictions on trade and capital flows. Simply put, globalisation is the process of interaction and union of individuals, organisations, and governments on a worldwide scale. It entails the formation of networks and initiatives aimed at breaking down social, economic, and geographical barriers. Globalisation aims to create interactions between events such that those happening far away can influence those happening in India. It has a variety of aspects and is the outcome of the combination of several strategies intended to change the world to make it more interdependent and integrated. In other words, the primary objective of globalisation is to eliminate borders. 

The integration of a nation’s economy with the global economy is commonly defined as globalisation .

Table of Content

Causes of Globalisation

Advantages of globalisation, disadvantages of globalisation, types of globalisation, changes brought about by the indian economy’s globalisation.

• The New Economic Policy identified a list of high-tech and high-investment priority industries, which give automatic permission to foreign direct investment up to 51% of foreign equity. 
• Automatic approval is given for foreign technology agreements in high-priority industries up to a maximum of ₹1 crore. It is no longer necessary to obtain approval to hire foreign technicians or test locally developed technology abroad.
• The rupee was devalued by around 20% in July 1991 to adjust the value of the Indian currency on a global scale. It increased the inflow of foreign capital, encouraged exports, and discouraged imports.
• To further connect the Indian economy with the global economy, the Indian rupee was declared partially convertible in the Union Budget of 1992–1993 and then fully convertible in the 1993-1994 budget.
• The government has launched a new export-import policy that would last for five years to set up the foundation for India’s international commerce to become more globally oriented. The strategy eliminated all limitations and constraints on international trade and gave the market more power over exports and imports.
• The government has significantly changed the customs tariff to push the Indian economy into the arena of international competition. As a result, the budget for 2007–2008 reduced the peak rate of customs duty from 250 percent to 10 percent.

The following are the primary causes of globalisation:

• Facilitating international travel with better transportation.
• Making communication and information sharing easy through advances in technology.
• Reduction of tariff barriers and promoting world trade.
• Expanding the world’s media.

1. Employment Growth: 

The creation of Special Economic Zones (SEZs) has increased the number of new jobs that are available. It is highly beneficial to include the export processing zones (EPZs) center in India in order to employ lakhs of people. India’s affordable labour is an additional element. As a result, large corporations hire workers from other areas, which leads to an increase in employment.

2. Increase in Compensation: 

As a result of globalisation, international corporations now offer more skill and expertise than domestic companies, which has led to an increase in compensation. This opportunity also caused changes to the managerial structure.

3. High Level of Living: 

With globalisation, both the Indian economy and the average person’s standard of living have improved. This shift is visible in a person’s purchasing habits, particularly among those who work for overseas corporations. Thus, a higher standard of life and business development is occurring in many places.

4. Encourages Mutual Understanding across Cultures:

It improves accessibility to travel and encountering diverse cultures as a good aspect of globalisation that can foster cooperation and peace on a global scale.

5. Encourages Economic Growth:

Theoretically, globalisation provides less developed nations with access to capital and technology from abroad that they would not otherwise have. Foreign investment can raise the living standards of those countries’ populations.

1. Instability in the Market:

The removal of trade restrictions and increased freedom of movement are cited as reasons why national policies and regional cultures are being undermined by proponents of globalisation. Labour markets are impacted when people cross borders in quest of higher-paying jobs or when businesses outsource work and positions to cheaper labour markets.

What is Outsourcing? One of the significant effects of globalisation is outsourcing. Outsourcing is the practice of contracting out third-party activities that were previously handled by the organisation. For instance, many businesses now contract with other organisations to provide security services. Due to the development of faster methods of communication, especially the development of information technology, it has become more intense in recent times. Modern telecommunication systems allow digitized text, speech, and visual information related to these services to be transmitted in real-time across continents and national boundaries.

2. Causes Environmental Damage:

Transporting products and people across borders releases greenhouse gases and has a negative impact on the environment. Industries like fishing and logging frequently relocate to areas with the best economic opportunities or rules, which has led to overfishing and deforestation in some regions of the world.

3. Encourages Worldwide Economic Recessions:

A greater likelihood of global recessions exists in tightly integrated global markets. A good illustration of how interconnected global markets are and how financial issues in one country or region can quickly influence other parts of the world is the 2007–2009 financial crisis and the Great Recession. The ability of individual countries to effectively use monetary and fiscal policy to govern the national economy is diminished by globalisation.

Globalisation can be classified into three types:

1. Economic Globalisation :

The emphasis here is on the integration of international financial markets and the coordination of financial trade. Economic globalisation is represented through free trade agreements like the Trans-Pacific Partnership and the North American Free Trade Agreement. Economic globalisation is greatly influenced by multinational firms, which have business in two or more nations.

2. Political Globalisation: 

This type of globalisation includes policies made by the government that encourages and foster international cooperation on a political, economic, and cultural level. The UN and NATO, for example, are involved in the political globalisation process.

3. Cultural Globalisation:

This element of globalisation mainly focuses on the sociological and technological elements that are generating cultural integration. These include improved communication, widespread use of social media, and access to better and faster transportation.

Please Login to comment...

Similar reads.

• Indian Economic Development

Improve your Coding Skills with Practice

What kind of Experience do you want to share?

Essay on Globalization

Introduction

Since the fall of Communism, Globalization, both famous and controversial, has been one of the issues most highly contested. ‘There are intense globalization arguments, including if there exists, what is of relevance now than in the past, If the state is replaced and if it is of more importance than regionalism (Stallings 2000). This implies different things for many individuals, and in most situations, it is still a foggy and mis defined idea. Everyone thinks that globalization and the established and emerging economies are complicated processes with broad implications.

This poster is prepared to present a case study of the concept of globalization. The case study examines the concept of globalization in detail in the view of worldwide interdependence and development. The presented case study also examines the different impacts of globalization on world trade, economy, and global competition.

In critical consideration, globalization is both an interdisciplinary and complex issue in a more profound sense. This definition is assessed from various viewpoints, including the most common, economic, and social, cultural, philosophical, and governmental views. “A name that is now in vogue to account for peoples, behaviors, cultures, ideas, goods, activities, and economies that are becoming less confined to a physical location and its localized and existing practices,” says James Rosenau, a famous political scientist (Stallings 2000).

Global Interdependence

Globalization is unpredictable and changing, but not wholly unpredictable. Four key elements have been identified as the fundamental causes of global interconnectivity.

Investment, business and commerce, technological breakthroughs, and worldwide social networks are some of these causes. (Bertucci & Alberti 2001). Many think that the driving engines of globalization are entrepreneurship and technology development. However, they do not explain themselves on the route to further economic integration. Authorities have played a major role in promoting the rising connectivity between different activities at the regional and global levels by developing business rules and processes (Alberti &Bertucci 2001). The economic component of this is strongest as it drives social and political elements (Ibrahim 2006). Because of colonialism that began with the industrial revolution in Europe.

Global Development

Globalization has paved the door for international cooperation. Still, growth isn’t uniform because certain nations adapt quicker than the others, as their faster economic development and lower poverty rates are visible (Lawal 2006). In other words, globalization does not benefit all members of the globalized world uniformly. It helps members of developed nations more, whereas emerging countries are perceived to be at a loss. However, one can see both sides of the coin regarding the effects of this on both the under developed and developing countries as it consist both positive and negative repercussions. Events hundreds of kilometers away can affect a country’s economic, social, and political situations. Capitalism and socialism in the Soviet Union also assisted towards the independence of Ghana.

The growth of the life’s level also is an advantage of globalization for emerging countries. By stepping up foreign money flows from developed and developing countries, economic globalization aims to decrease poverty. This funding to help developing countries improve their education, health, social affairs, and transport allows people to improve their living conditions. Poverty for developing nations is one of the most severe effects of globalization. Poverty has been linked to globalization. According to Kofi Annan, Globalization is currently benefiting just a tiny number of countries. According to studies, the number of people in poverty has grown in Latin America, Sub-Saharan Africa, Central Asia, Europe, and the Caribbean in Fourteen, Eighty-two and eight million correspondingly (Impact of Globalization 2004).

Impact on World Trade 

As a consequence of the beneficial effect of globalization, there is a “growing inclination towards trade in industrial components” (Mubiru 2003). The partial transfer of numerous manufacturers from affluent countries to new sites in developing countries reduced trade barriers in many developing nations. This might be due to tax incentives, lower tariffs, or greater proximity to low-cost workers and consumers given by many developing countries to attract international investors. As a result, the impoverished host nations will gain a plethora of benefits. Creating additional jobs would increase employment opportunities for indigenous people. Foreign businesses may also bring new technologies into the country. There are more significant opportunities for local employees to be taught due to the transfer of new technologies from affluent nations. It has been noted that the establishment of distribution networks is often a byproduct of manufacturing subsidiaries (Mubiru 2003). Sometimes, whole areas are imposed at once, resulting in benefits that reach beyond national borders.

Impact on health

In terms of the capacity to protect, prevent, control and kill these diseases, internationally and in particular in poor nations, the epidemiology of infectious conditions has been severely impactful given the global aspect of health and disease globalization. One method to do this is to expand worldwide technical capabilities, resulting to greater emissions. Consequently, increased spread of bacteria transmitted by mosquitoes. Human and animal comportament like the swimming pools are likely to be contaminated by the Schistosome bacteria. Over the years, substantial advances in international commerce have pushed Western diets to be added to most developing nations’ traditionally natural diets. Promiscuity among young people and adults led to the progressive integration of the Modern life through globalization.

Globalization is a complex process with far-reaching implications for impoverished countries, as this poster has illustrated. In addition, the effects of other variables, notably in structure and character of the most emerging countries, are influenced by globalization. This creates significant problems for emerging nations in terms of economic growth. Industrialized global leaders need to recognize the prime responsibility of their immediate societies. To achieve their different economic objectives, governments must thus develop suitable reforms and policies that drive trade liberalization and globalization in general. It is not a realistic strategy to slower the globalization process. This should be done for the growing country to compete effectively in a wider nexus of globalization.

Adedeji, A. (1981). dependence of Africa.  Indigenization of African Economies , 15.

Bacchus, N. (2005). The effects of globalization on women in developing nations.  Honors College Theses , 2.

Bertucci, G., & ALBerti, A. (2001). Globalization and the Role of the State: Challenges and Perspectives, United Nations World Public Sector Report.

Cronin, M. (2013).  Translation and Globalization . Routledge.

Goldberg, P. K., & Pavcnik, N. (2007). Distributional effects of globalization in developing countries.  Journal of Economic Literature ,  45 (1), 39-82.

Ibrahim, M. J. (2006). The effect of globalization on the development of underdeveloped economies viewed 07 August 2011.

Lawal, G. (2006). Globalization and development: the implications for the African economy.  Humanity & Social Sciences Journal ,  1 (1), 65-78.

Mubiru, E. (2003). The effects of globalization on trade–A particular focus on rural farmers in Uganda, viewed 07 August 2011.

Ofosu, V. (2010). The Effect of Globalisation on Ghana, Equality, viewed on 07 August 2011.

Princova, K. (2010). Globalization, Vulnerability, Poverty and Human Limits, Beyond Globalization: Exploring the Limits of Globalization in Regional Context.  Ostrava: University of Ostrava .

Saker, L., Lee, K., Cannito, B., Gilmore, A., & Campbell-Lendrum, D. H. (2004). Globalization and infectious diseases: a review of the linkages.

Stallings, B. (2000). Globalization and Liberalization: A View from the Developing Countries, UN Economic Commission for Latin America and the Caribbean, viewed on 07 August 2011.

World Commission on the Social Dimension of Globalization. (2004).  A Fair Globalization: The Role of the ILO: Report of the Director-General on the World Commission on the Social Dimension of Globalization  (Vol. 92). International Labour Organization.

Cite this page

Similar essay samples.

• Reflective Essay
• Evaluating the potential accounting issues raised by a combination of ...
• Essay on Present a Conceptual Plan for Managing the Global Pollution I...
• The current advances in the biotechnological applications of stem cell...
• A study of consumer behaviour in Germany and the implications for the ...
• Essay on Impact of Strategy on Successful Innovation

• AI Content Shield
• AI KW Research
• AI Assistant
• SEO Optimizer
• AI KW Clustering
• Customer reviews
• The NLO Revolution
• Press Center
• Help Center
• Content Resources
• Facebook Group

Globalization Essay Intro Examples to Inspire You

Table of Contents

Globalization is the process by which the world, previously isolated through physical and technological distance, becomes increasingly interconnected. This is a widely discussed topic in essays and various writing assignments. And if you want your essay to attract the attention it deserves, you’ll need to make a strong  globalization essay introduction.

This article aims to provide some examples to inspire you to create a powerful introduction. We’ve also included some information about globalization that you need to know to write an informative essay.

You can apply these ideas to your introduction to globalization essay so you can better present a cohesive unit of work.

What Is Globalization?

Before writing a comprehensive essay on globalization, it’s important to get a deeper knowledge of what it is. To help aid your research, here is a brief description of globalization.

Globalization is the spreading of ideas, knowledge, information, goods, and services worldwide.  In the context of business, this term describes integrated economies marked by free trade and the free flow of capital among nations.

Globalization, or globalization as it is sometimes called, is driven by cultural and economic convergence. This convergence involves- and sometimes requires — increased interaction, integration, and interdependence between nations. The more countries and regions in different parts of the world become intertwined politically, culturally, and economically, the more globalized they become.

Why Is Globalization Important?

Globalization has radically changed the way businesses, nations, and people, in general, interact. It has affected the nature of economic activities among different nations by expanding trade and opening global supply chains. These benefits businesses because they have easier access to natural resources and labor.

Changes in the way nations trade and interacts also help to promote the exchange of cultural ideas. It eliminates barriers created by geographical limitations, political boundaries, and political economies.

Global trade benefits both parties by allowing each to take advantage of the other’s technological, natural, and human capital. It allows businesses of one nation to access resources from another nation. Businesses can find cheaper raw materials and parts, less expensive or more skilled labor, and more efficient ways to develop products.

8 Globalization Essay Introduction Examples

With globalization and open markets, there has been a significant rise in multinational companies in recent years. Companies are going global because they want to expand their market, access resources, and build new talent pools. This way, companies can create greater value for shareholders and compete effectively. Companies are developing and expanding their workforce across the globe. Some have team members living in different countries. Many organizations have started hiring virtual teams due to this new trend.

Globalization is the spread of a business, culture, or technology internationally. When borders of countries and continents no longer matter, the whole world becomes one large village. The goal of globalization is to reduce geographical and political barriers so businesses worldwide can run more smoothly. 

Globalization is the process by which the world becomes more interconnected culturally, economically, and politically. The increase in intercultural relations worldwide results in shared ideas, cultures, goods, services, and investments. Globalization has been going on for several decades, but it has witnessed a significant increase in the past sixty years. Thomas Friedman describes the current globalization trend as the third major wave of globalization in human history.

Globalization has been a decade-long phenomenon, and whether or not it generates growth depends on your viewpoint. The western world, especially the US and some European countries, is the one that fully reaps the benefits of globalization. Many experts, however, argue that globalization isn’t helping developing countries very well. Some even think that it worsens poverty and inequality scenarios in these countries .

Globalization is the way forward for economic growth and technology integration. Producers and service manufacturers can sell their products and services globally without many restrictions. High growth rates in the service industry can also be attributed to globalization. And no one should be left behind in the global marketplace.

Globalization has occurred rapidly in recent decades. It has created economic, social, political, and cultural integration worldwide. It does this through technological advancement, telecommunications, transportation, and so on. Although it has countless benefits for businesses, its negative effects also need to be addressed.

Globalization has affected our daily lives in one way or another without us knowing it. Rapid advances in information and communication technologies (ICTs) and economic liberalization of trade and investment have accelerated globalization. Modern-day markets are becoming saturated with both industrial goods and daily purchases.

Through various means, globalization has changed human lives around the world. In recent years we have seen the integration of societies and domestic economies grow. We have seen a shift in the way people live and work. It offers new opportunities for people, as well as new economic challenges. Future generations must understand how globalization can affect their lives.

How Long Should an Essay Introduction Be?

The length of your introduction should be proportional to the entire length of your essay. It shouldn’t be too long that it overwhelms your reader. But it shouldn’t be too short either that it fails to introduce your topic and argument clearly.

As a general rule, it’s best to keep the word count of essay introductions at 10% of the total essay word count. For example, if you have a 3000-word essay, you should write an introduction around 300 words long.

When writing a  globalization essay introduction , it’s important to be concise yet thorough. You need to provide readers with the main points of your essay while keeping it interesting and understandable. Hopefully, these introduction examples have inspired you to make your own. Good luck!

Abir Ghenaiet

Abir is a data analyst and researcher. Among her interests are artificial intelligence, machine learning, and natural language processing. As a humanitarian and educator, she actively supports women in tech and promotes diversity.

Explore All Essay Intro Generator Articles

The different ways to start a comparative essay.

Some writers intend to compare two specific things or ideas through their articles. They write these essays to compare and…

• Essay Intro Generator

Know The Best Way to Start an Expository Essay

Are you into writing essays that tackle a still-unknown fact? Do you know how to write an expository essay? Before…

Writing an Opinion Essay? Read This First!

Students are required to express their opinions on a topic in an opinion essay. Pertinent illustrations and explanations support their…

Identifying the Best Transitions to Start an Essay

A typical academic assignment is the essay, which must meet certain requirements in order to be written properly. Even students…

How to Write Introductions for Synthesis Essays

One of the most exciting assignments you could have is writing a synthesis essay. For a college or university student,…

How to Write Introductions for Music Essays

Music is food for the soul, or so they say. A music essay analyzes or describes a piece of music,…

Talk to our experts

1800-120-456-456

Impact of Globalisation

What Does Globalization's Future Hold?

International flows are expected to resume as the COVID- 19 outbreak unfolds, according to current projections. While many global trade indices have reached a low point in 2020, CEOs are uncovering hints about the future of globalization and its possible consequences on their businesses by concentrating on a few important drivers.

These are some of them:

Growth In Global Patterns - With large economic cycles, international flows often fluctuate surprisingly. Once the pandemic is under control, true growth can be resumed.

Supply Chain Policies - Changes in supply chain policies can reorganize trade, although they are currently more focused on job losses than shortages.

Conflict of Power and Weakness - The driver had already halted international trade prior to the pandemic. COVID-19, on the other hand, has introduced a few extra layers of complexity. There has been a substantial increase in governmental power, necessitating a competition for ideas. This could result in regional divides, but no such divisions have been established.

Technological Advancements - COVID-19 is significantly influenced by technological change, such as the introduction of e-commerce, videoconferencing, and the usage of artificial intelligence. Many leaders were focused on how technology may help minimize global warming prior to the epidemic. Organizations are now evaluating how technological changes will affect their position in relation to competitors, customers, suppliers, and other stakeholders.

Popular Public Opinion - The epidemic that is reversing high support for trade and migration may have a negative impact on public perceptions of globalization. For the most part, international travel hastens the spread of contagious diseases, and economic stress may exacerbate trade security concerns.

The epidemic is a globalization problem that is "bending but indestructible," but it will continue to bring economic opportunities and problems.

It must be recognised as one of the future drivers of globalization so that businesses can navigate and reap the rewards of this crisis.

The potential for developing global strategy is now huge, albeit complex, in a world of interconnected economies. Now is the perfect time for global enterprises to demonstrate their value to the world by utilizing the world's best forces to end the epidemic and accelerate recovery.

A brief on Globalisation

From ancient times, humans have looked for places to settle, produce and exchange goods which have continuously improved with technology and transportation. In the 19th century, global interaction between countries started developing in Europe.

The first wave of globalisation was the building of steamships, railroads and telegraphs. Another aspect of globalisation was the increased economic cooperation between the countries. However, after World War I, The Great Depression and World II, the new monetary policy of the nations was protectionism. 

In the 1940s, the United States started the efforts of reviving international trade and investment. This happened with the help of negotiation of ground rules by nations, which led to the second wave of globalisation which is still ongoing. 

Globalisation is known by other names too. Some of the globalisation synonyms are proliferation, development, and growth. The effects of globalisation have been immense on the world economy. 

Globalisation as a process has made countries significantly succeed after its initiation and implementation. There was the overall growth of the countries in aspects like foreign investment in all the sectors of the economy. It was a contribution that helped in the development of the economy of a nation. 

The policy of globalisation was introduced in India in 1991 along with liberation and privatisation. Its impact on the Indian economy has been massive. Globalisation and the Indian economy have become interrelated as they are directly related. It has helped in the creation of jobs, attract foreign investment and generate income in the economy. Along with the economic impact of globalisation, it has impacted the culture of the country too. 

India is one of the greatest examples of globalisation, where even 25 years ago, one couldn't dream of buying such a thing as Levi's jeans or a colour television in the country itself. All our parents have told us stories about how they would ask for these goods when someone they knew, or someone that someone else knew, was going abroad. With globalisation, all we need to do is step out of our houses and enter the market, and everything we could ever want is right there, and all we need is the money to buy it.  

Advantages of Globalisation

Globalisation is a process that has several advantages. It is a process that contributes significantly to the development and growth of a nation. Here are some of the benefits of globalisation: 

Employment: The establishment of special economic zones has increased the number of jobs available. There are export processing units established all over the world, which have helped employ thousands of people. The multinational companies of the west have been providing employment opportunities to the people by outsourcing employees.

Compensation: There has been an increase in the level and amount of payment compared to the domestic companies. The main reason for this is that domestic or home companies lack skill and knowledge compared to multinational companies. An increase in compensation is leading to changes in the management structure of the companies too. 

Standard of Living: With the emergence of globalisation, there has been a change in people's standard of living. The difference in the purchasing behaviour of people has increased the standards of living of people. Therefore, the evolution and development of business have raised the standards of living of people. 

Increased Investment: Globalisation has led to an increase in cross-border investments. This has led to companies investing and opening branches in different countries across the globe. The increase in investment across the borders has enhanced the welfare of both countries. 

Development of Infrastructure: Technological advancement has helped improve the infrastructure of countries. With the help of technology, the countries are achieving overall development. 

Foreign Exchange Reserves: With the help of globalisation, there is a constant flow of capital in the international financial flows. This capital flow helps countries build foreign exchange reserves.

Types of Globalisations

Globalisation is mainly divided into three different kinds. The three types of globalisations that influence one and another in their work. They work in interdependence with each other.

The Three Types of Globalisation are: 

Economic Globalisation: In this type of globalisation, countries aim to integrate international financial markets and coordinate monetary exchange. Multinational corporations that operate in more than two countries play an essential role in a nation's economic globalisation. Economic globalisation is the North American Free Trade Agreement or NAFTA, an economic agreement between the United States, Canada and Mexico. 

Political Globalisation: This is globalisation that refers to a nation's policies that aim at bringing it closer to other nations politically and economically. Political globalisation helps build a bond between countries with each other. Some examples of political globalisation are North Atlantic Trade Organisation (NATO) and United Nations (UN). 

Cultural Globalisation: In this type of globalisation, the focus is on the technological and societal factors which bring people together. Cultural globalisation includes ease of communication, social media and access to faster and better transportation.

There has been a tremendous impact of globalisation on everyone - people, communities and institutions. Everyone locally and globally has felt the touch of globalisation not only in their lives but in society too. There are myriad ways in which one may feel the impact of globalisation on one's life. 

Individuals get impacted by globalisation regularly, in the clothes they wear, the music they listen to, the gadgets they use, the cars they drive, and so much more. Several international influences affect the ordinary lives of people in such little ways that it is hard to render anymore. It moves what they like to purchase, eat and it also affects the standard of living overall. Additionally, it affects their decisions like where to travel and how to travel, whether you're talking about intercity, interstate or even international travel. Globalisation has made everything in all of our lives so much easier than it was even a few years ago.

Another group where there's an impact of globalisation are communities. There's a significant impact of globalisation on the communities locally, regionally and internationally. It includes the effects of globalisation on organisations, businesses and economies. The variety of products available today is countless and even unbelievable to an extent. This creates a vast marketplace for both sellers and consumers, and this is how globalisation plays a vital role in expanding the economy.

Globalisation affects people who are a part of the community in every aspect, like where they work, who they work for and moving around the world. It changes the way local cultures develop all around the world.

What we must remember is that globalisation is not only concrete, meaning that it does not only affect the circulation of goods and services floating in the economy and being made available to consumers. There is such a thing as globalisation of the intellect, where progressive values often deemed 'Western' values are also exchanged. This, in fact, works both ways, where we see traditional and backward values be replaced with more progressive ones as the world progresses further. On the other hand, several Western cultures are also becoming more and more affiliated with those of the East, such as in matters of sustainability and sustainable practises of olden Eastern times.

Importance of Globalisation 

Globalisation has been one of the long-standing trends which are constantly in the process of changing and evolving. Like everything else, there are positives as well as negatives of globalisation. Both these factors can't stop the progress of globalisation which is taking the world by storm. 

It's changing the way nations, businesses and people interact with each other. Globalisation brings people across the countries together to trade, share their cultures and depend on each other for sustenance. 

The reason why globalisation and discussions around it have taken centre stage in recent years, especially since 1991 in India, is because the world is becoming a lot more dependent on global cooperation as a whole. There are several impending crises that are taking place across the world, ranging from political to environmental to diplomatic, and fighting this requires a kind of global cooperation that only comes from global interconnectedness, i.e. globalisation.

We must not only look at globalisation as a result of our wants and needs spreading globally, especially because of the fear of missing out, but also in the light that worldly togetherness is becoming the norm. It is regular to see Indians spread across the world, looking for better opportunities and better lives, and this is the pull factor of globalisation. It is important because it keeps hopes alive by showing us what can be rather than having us stick only to what is.

The policy of globalisation is bringing the world closer to each other. Globalisation has impacted every aspect of a person’s life, right from the phones they use to the clothes they buy. While there are many advantages of globalisation, there are a few drawbacks too. One of the drawbacks is that the process of globalisation has impacted the environment negatively and didn’t stabilise the global economy.

FAQs on Impact of Globalisation

1. What are the advantages of globalisation?

Employment: Globalisation has increased the opportunities for jobs in countries all over the world. Many multinational companies have created job opportunities for people in other nations by outsourcing their labour. 

Compensation: Multinational companies are contributing to the increase in the amount of payment. Growth in the balance has led to changes being made in the management structure of the organisation. 

Development of Infrastructure: Technological advancement has helped improve the infrastructure of countries. With the help of technology, the countries are achieving overall development. 

2. What are the types of globalisation?

The three types of globalisation are: 

Economic Globalisation: This refers to globalisation in the integration of the international financial markets and their coordination with one another. Additionally, it relates to the monetary exchanges which happen between countries.

Political Globalisation: It refers to the policies and plans of countries that aim at bringing it closer to the countries of the world. The purpose of political globalisation is to bring nations closer to one another. 

Cultural Globalisation: Cultural globalisation refers to the factors like technology and societal factors which bring people closer to one another. It helps spread the knowledge of cultures, communities and people across the nations.

3. Is globalization good or bad?

Globalization allows more goods to be more affordable and accessible in many parts of the world. It helps to improve productivity, reduce gender pay discrimination, provide more opportunities for women and improve working conditions and quality of management, especially in developing countries. Increasing production of goods. One of the main effects of globalization is that it opens up new markets for businesses where they can sell goods and get jobs, raw materials, and components. Hence, globalisation is preferred to be the most upgraded activity which nations should follow. It also saves time and gives more ideas to explore new things. It will surely take the country to a better economic and financial position.

4. How can a student download the globalisation pdf from the vedantu website?

Nowadays with the availability of millions of websites for the reference of students' study material, it is really important for the students to make a proper note of revision. Globalisation is an interesting chapter with loads of new things to be learnt about the economy. Therefore, the students must make full utilization of the study material by downloading them from the Vedantu website. There is not much effort to be put in while downloading the study material as you just have to login to the website for downloading the pdf and search for it. They can download the notes on Globalization in the PDF format and can save on their computers. They can use the notes on Globalization to study for the exams and score high marks.

5. Is Vedantu a reliable website for referring to the globalisation notes?

Yes, Vedantu is a reliable website for referring to the Globalisation notes. Vedantu prepares the notes according to the needs and requirements of the students and their level of knowledge. By providing free of cost education they make an attempt towards encouraging the students to learn more conveniently and easily. Hence, this ensures that the Vedantu experts aim at covering all the concepts and analytical skills of the students. This will ensure that the students are getting good marks and they do not have to suffer in the process of education.

• List of Commerce Articles

Globalisation

Table of Content

• Globalisation Effect

Globalisation in the Indian economy

What is globalisation.

The term globalisation refers to the integration of the economy of the nation with the world economy. It is a multifaceted aspect. It is a result of the collection of multiple strategies that are directed at transforming the world towards a greater interdependence and integration.

It includes the creation of networks and pursuits transforming social, economical, and geographical barriers.  Globalisation tries to build links in such a way that the events in India can be determined by the events happening distances away.

To put it in other words, globalisation is the method of interaction and union among people, corporations, and governments universally.

Also Check:  Important Questions for Liberalisation, Privatisation and Globalisation

Effect of Globalisation in India

India is one of the countries that succeeded significantly after the initiation and implementation of globalisation. The growth of foreign investment in the field of corporate, retail, and the scientific sector is enormous in the country.

It also had a tremendous impact on the social, monetary, cultural, and political areas. In recent years, globalisation has increased due to improvements in transportation and information technology. With the improved global synergies, comes the growth of global trade, doctrines, and culture.

Indian society is changing drastically after urbanisation and globalisation. The economic policies have had a direct influence in forming the basic framework of the economy.

Economic policies established and administered by the government also performed an essential role in planning levels of savings, employment, income, and investments in the society.

Cross country culture is one of the critical impacts of globalisation on Indian society. It has significantly changed several aspects of the country, including cultural, social, political, and economical.

However, economic unification is the main factor that contributes maximum to a country’s economy into an international economy.

Also Read: What are Economic Reforms?

Advantages of Globalisation in India

Increase in employment: With the opportunity of special economic zones (SEZ), there is an increase in the number of new jobs available. Including the export processing zones (EPZ) centre in India is very useful in employing thousands of people.

Another additional factor in India is cheap labour. This feature motivates the big companies in the west to outsource employees from other regions and cause more employment.

  Increase in compensation: After globalisation, the level of compensation has increased as compared to the domestic companies due to the skill and knowledge a foreign company offers. This opportunity also emerged as an alteration of the management structure.

  High standard of living: With the outbreak of globalisation, the Indian economy and the standard of living of an individual has increased. This change is notified with the purchasing behaviour of a person, especially with those who are associated with foreign companies. Hence, many cities are undergoing a better standard of living along with business development.

Impact of Globalisation

Outsourcing : This is one of the principal results of the globalisation method. In outsourcing, a company recruits regular service from the outside sources, often from other nations, that was earlier implemented internally or from within the nation (like computer service, legal advice, security, each presented by individual departments of the corporation, and advertisement).

As a kind of economic venture, outsourcing has increased, in recent times, because of the increase in quick methods of communication, especially the growth of information technology (IT).

Many of the services such as voice-based business processes (commonly known as BPS, BPO, or call centres), accountancy, record keeping, music recording, banking services, book transcription, film editing, clinical advice, or teachers are being outsourced by the companies from the advanced countries to India.

Debate on Globalisation

Solved Questions.

For more data on Economics Class 11 Syllabus, commerce notifications and sample papers for Class 11 commerce, stay tuned to BYJU’S.

Frequently Asked Questions on Globalisation

What are the different kinds of globalisation.

The top five types of globalisation are:

1. Financial globalisation. 2. Economic globalisation. 3. Technological globalisation. 4. Political globalisation. 5. Cultural globalisation.

What are examples of Globalisation?

The two examples of globalisation are as follows:

1. Travel: The capacity to travel to other places and experience their cultures. 2. Transportation:  The international transportation systems, such as air travel and shipping.

What is the importance of Globalisation?

Globalisation is important to expand the markets and enable a business to make a sensible utilisation of the available resources. It also solves various issues of an individual and the nation, giving them many options to choose from and satisfy their needs. Globalisation boosts exports, discourages import, and uplifts foreign exchange.

What are the main reasons that caused Globalisation?

The main reason that caused globalisation are as follows:

1. Making global travel easier by improving transportation. 2. Advanced technology made communication and sharing of information easier. 3. Minimised tariff barriers and encouraged global trade. 4. Broadening of global media.

What are the positive impacts of Globalisation?

The four positive impacts of globalisation are as follows:

1. Creates efficient markets 2. Increases competition 3. Stabilises security 4. Increases wealth equality across the world

Leave a Comment Cancel reply

Your Mobile number and Email id will not be published. Required fields are marked *

Request OTP on Voice Call

Post My Comment

Very helpful and nice way of explanation

I am so happy with your way of explaination of every topic.

This is very helpful for us. It explains everything so well.

It is very helpful for us and very easy to understand all the things

It is very helpful for us.

amazing notes

• Share Share

Register with BYJU'S & Download Free PDFs

Register with byju's & watch live videos.

Speech on Globalisation

Globalisation ties the world together. It’s like a giant web, connecting countries through trade, culture, and ideas. It’s why you can find the same fast food joint in different parts of the world.

But it’s not just about burgers and fries. Globalisation impacts your life in many ways. It shapes the clothes you wear, the gadgets you use, and even the movies you watch. It’s a big, complex topic with lots to explore.

1-minute Speech on Globalisation

Ladies and Gentlemen,

Globalisation means the world coming together. It’s like making the whole world one big neighbourhood. Imagine your neighbourhood where everyone knows each other, shares things, and helps when needed. That’s what globalisation is doing to our world.

Think about the clothes you wear, the food you eat, or the music you listen to. They come from different parts of the world. You might be eating pasta from Italy, wearing a shirt made in China, or listening to music from America. This is possible because of globalisation.

Globalisation also helps us to learn and grow. When we share ideas, we learn new things. For example, the internet, a gift of globalisation, allows us to learn about cultures, languages, and traditions from all over the world. It’s like a magic door that opens to different parts of the world.

But, like everything else, globalisation has its challenges. Sometimes, it can lead to job losses in one country when businesses move to another country where things are cheaper. It can also harm our environment, as goods travel long distances, causing pollution.

We must work together to make globalisation a force for good. We can create policies that protect jobs and the environment. We can also use technology to reduce pollution and waste.

In conclusion, globalisation is like a big web connecting us all. It brings both opportunities and challenges. It’s up to us to make the most of the opportunities and find solutions to the challenges. Together, we can make our world a better place. Thank you.

Also check:

• Advantages and Disadvantages of Globalisation

2-minute Speech on Globalisation

Today, we talk about a topic that touches our lives every day – Globalisation. It’s like a big, invisible web that connects us all. Imagine a spider’s web. Each thread links to another, forming a network. This is what globalisation is. It’s a network that links countries and people.

Now, let’s look at how this web is made. It’s woven by trade and technology. When we buy things, we often see the label ‘Made in China’ or ‘Made in USA’. This is because businesses send their products all over the world. They do this to reach more customers and make more money. This is the trade part of globalisation.

Then, there’s technology. With the internet, we can talk to someone on the other side of the world. We can share ideas and learn from each other. This makes the world feel like a smaller place. We call this the ‘global village’.

Globalisation also brings us closer together through culture. We watch movies from Hollywood, eat sushi from Japan, and dance to music from Africa. We learn about different cultures and become more understanding of each other. This makes the world a more peaceful place.

But, like everything in life, globalisation has its good and bad sides. It creates jobs and wealth, but it can also lead to job losses. Some people get richer, while others may get poorer. It can also harm our planet. When we make and sell more things, we use more resources and create more pollution.

These challenges are big, but they are not impossible to solve. We need to make sure that the benefits of globalisation reach everyone. We need to protect our planet while we grow our economies. We need to make globalisation work for all of us.

So, let’s keep the conversation going. Let’s talk about globalisation at our dinner tables, in our classrooms, and in our communities. Let’s make sure that we understand it, so we can shape it in a way that benefits us all.

• Speech on Health
• Speech on Girls Education
• Speech on Girl Power

We also have speeches on more interesting topics that you may want to explore.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.