Globalization

Globalization Globalization Is globalization a good or a bad thing' Well I believe that it has it’s good parts, as well as bad parts. Globalization is a word that is widely used by people today. The term has come into common usage since the 1980s, reflecting technological advances that have made it easier and quicker to complete international transaction, both trade and financial flows. The term sometimes also refers to the movement of people (labor) and knowledge (technology) across international borders. The good thing about globalization is that it allows businesses to make more money, and increased international trade has made us wealthier and allowed us to lead more diverse lifestyles. Also aggressive trade has made people spend more money, living standards have risen and a growth in international travel has taken place. Globalization has promoted information exchange between the different countries, and has led to a greater understanding of other cultures. I believe that this whole idea of globalization is to link everyone in different parts of the world, so that we can all understand each other. Therefore by conducting business with all the different countries, I feel that English is becoming the universal language. I believe that all other countries want to adopt people, globalization, countries, different, world, same, just, about, one, money, live, trade, must, less, international, business, watch, united, thought, terrorism, states, parts, out, made, global, day, believe, american, workers, two, today, think, thing, term, television, should