Essay on globalization

 

Globalization essay

Writing globalization essay is sometimes required to complete at colleges and schools. Every student who wants to become an educated person with abilities to research events and analyze facts should find out what are effects of globalization, its notion and historical background of its appearance.

In your essay on effect of globalization you should note that globalization is a process of global economical, political and cultural integration. Its major characteristic features are capitalism expansion all over the words, global labor division, migration of financial, human and production resources within the planet, standardization of legislation, economic and technological processes, as well as removing the borders between cultures of various countries.

Remember, your globalization essay should contain basic information on origins of globalization. This phenomenon appeared in the 16-17 centuries when economic growth in Europe was accompanied by success in navigation and geographic discoveries. As a result, Portuguese and Spanish merchants went to all parts of the world being occupied with colonization in America. However, in your essays you should note that in the 19 century rapid industrialization led to the development of trade and investments between European states, their colonies, and the USA. At this time trade with developing countries was unfair that looks like exploitation. In the first half of the 20 century the process of globalization was stopped by two world wars and the following period of economic decrease worldwide.

Be sure to include into your essays on effect of globalization the following information. Since the end of the World War Second globalization was rapidly developing in economy and culture. Free trade is a characteristic feature of globalization, as well as free capital movement, tax reduction, easy movement of human capital. Besides, you should know that globalization has resulted in melting of economic borders between developed and developing countries. The tendency to outsourcing is, perhaps, know to everyone today. Outsourcing is especially popular from developed to developing countries that leads to decrease of working places in developed countries and increase in developing countries.

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