5 Drivers Of Globalization

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Over the next few decades the term was occasionally used by other scholars and media, but it was not clearly defined.. Other of his usages included ideological globalization, technological globalization, and social globalization.. Removal of cross-border trade barriers has made the formation of global markets more feasible.. Theodore Levitt is often credited with popularizing the term and bringing it into the mainstream business audience in the later half of the 1980s. 1

Globalization can refer to those spatial-temporal processes of change which underpin a transformation in the organization of human affairs by linking together and expanding human activity across regions and continents.. 25 For the JavaScript library, see Globalize (JavaScript library) 5 Of Globalization Series Of DistinctionsGlobalization has accelerated since the 19th century due to advances in transportation and communication technology.. This increase in global interactions has caused a growth in international trade and the exchange of ideas and culture.. A satisfactory definition of globalization must capture each of these elements: extensity (stretching), intensity, velocity and impact.. A fifth dimensionthe ideologicalcutting across the other four The ideological dimension, according to Steger, is filled with a range of norms, claims, beliefs, and narratives about the phenomenon itself. 2

Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization.. It pertains to the increasing ease with which somebody on one side of the world can interact, to mutual benefit, with somebody on the other side of the world. 3

Due to the complexity of the concept, various research projects, articles, and discussions often stay focused on a single aspect of globalization.. Without reference to such expansive spatial connections, there can be no clear or coherent formulation of this term.. A second form is agency-extended globalization, the circulation of agents of different institutions, organizations, and polities, including imperial agents.. However, conflicts and diplomacy are also large parts of the history of globalization, and of modern globalization. b0d43de27c Click

At one end of the continuum lie social and economic relations and networks which are organized on a local andor national basis; at the other end lie social and economic relations and networks which crystallize on the wider scale of regional and global interactions.. Advances in transportation, like the steam locomotive, steamship, jet engine, and container ships, and developments in telecommunication infrastructure, like the telegraph, Internet, and mobile phones, have been major factors in globalization and have generated further interdependence of economic and cultural activities around the globe.. Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects.. Its antecedents date back to the great movements of trade and empire across Asia and the Indian Ocean from the 15th century onward. HERE