Effects of Globalization on the Society Essay

world(prenominal)ization is one of the contemporary policies implemented in attempt to resolve the stintingal dilemma of various countries and to encourage extra flowing economic proceeding among nations. And as such, planetaryization has become an influential phenomenon reaching various world-wide scopes. It is an inter depicted object operate by which nations be world pushed to form a single and unified global beau monde. The different societies within a globalized confederation undergo various transformation and developments which are comprised of common practices and beliefs known as the cultural universals.The cultural universals are adaptations in meeting the needs of the members of the society in terms of food, clothing and shelter. Developments are achieved through innovations. Innovation is the adjoin of injecting new ideas or objects within a culture. And with these changes and innovations, this touch similarly renders hearty consequences. There are two types of innovations discovery and invention. The Chapter 3 of the book Sociology a Brief Introduction explained how development in culture occurs in the global setting.This chapter expounded the various concepts pertaining to the development of cultures such as globalisation, diffusion and technology (Schaefer 58-60). The online globalization policy renders effects on the various aspects of the society. globalisation is a broad term. It encompasses the various aspects of the nation including politics, society and economy. More often than not, globalization is associated to the economic activities of the nation but it besides affects the various aspects of society. globalisation globalisation is the integration of the economies and societies worldwide.Globalization is considered as one of the most hotly-debated topics in the national of international economics over the past few years (Globalization). It is the process of making the local or regional phenomenon into a global one. T he nations are unified into a single society which carry away the function together. It is like integrating the economic, technological, sociocultural and political aspects of the nation (Croucher 10). Whenever globalization is mentioned, it is often associated with economic concepts and activities.Globalization is viewed as an economic process that integrates national economies into one international economy benefiting the activities of the inherent economy (Bhagwati 3). The term has been much defined by different economists, and as the such, the concept of globalization has certain so many definitions in accordance to the societys office of view where the term is being utilized. The term globalization has been around for sort of a long time. The concept has not been popular until the late mid-eighties and 1990s when its theoretical concepts became more well known.But the activities of globalization has already been put to practice even during the early times when the Europea n countries settled other parts of the world (Yergin). The first wave of globalization occurred during the nineteenth century which resulted to an incredible plus and growing in the international business and economic interaction with the European countries dominating the worlds economic activities (Yergin). But the concept of globalization became more pronounced and used by and bywards the Second World War. The emergence of this concept came from the idea of the reconstruction of societies after the destructions caused by the war.The establishment of the International Monetary Fund and the World stick became two of the most influential international organizations that pioneered the reconstruction of war-devastated countries and became relevant agents in restoring economic progress and stability in these nations. Effects of Globalization Globalization is a strategic economic process which aims to provide prosperity and harvest-tide to the worlds economy. However, globalizati on has advantages and disadvantages. Although in the economic point of view, globalization is a positive and beneficial process.But its contribution to the overall increase in the global prosperity is still unparalleled. Globalization creates a process of disseminating modern methods and equipments needed in the contemporary enterprise management, economic growth and global financing. This way, globalization also increases labor productivity and efficiency of the factors of payoff (Bozyk 3). Moreover, globalization hastens the movement of the essential factors of production, especially the capital and technology. The other factors increase the production is swiftly moving such as new and modern ideas, modern technologies and production methods.Consumers, on the other hand, also benefit from the process by purchasing high-quality products due to the increase efficiency in production. In this process, globalization influences the consumption and quality of the products (Bozyk 4). Th e communication and information industries are also greatly influenced by globalization process. Information disseminated under the tenets of free backup and in the advent of advanced technology tools and gadgets rendered the information industry free movement and easy access to the people.The emergence of internet accessibility and ring services brought information closer to the people. On the other hand, globalization also renders disadvantages that are inappropriate to some countries engaging in the contemporary economic trend. Some of these disadvantages include the reality that globalization only brings profit to the laden and well-developed countries and amplifies the marginal difference of the well-developed and developing countries. The international economic policy is tipped towards the wealthy and powerful countries and is unsuitable to the developing countries (Gavrilenkov et.al 233). Moreover, some countries are utilizing globalization to establish world domination, authority and power which will enable stronger countries to manipulate the relationships of different countries within the international order. Nowadays, the United States is enjoying the perspective of being one of the strongest nations or probably the sole world superpower. However, the current status of China, its economic stability, and the rate at which the Chinese economy progresses will briefly rival United States in terms of industry, wealth and technological improvements (Hurst 91). flora CitedBhagwati, Jagdish. In Defense of Globalization. Oxford, New York Oxford University Press, 2004. Bozyk, Pawel. Globalization and the Transformation of Foreign economical Policy. Hampshire Ashgate Publishing Limited, 2006. Croucher, Shiela L. Globalization and Belonging The Politics of Identity a ever-changing World. Lanham, Maryland Rowman & Littlefield, 2004. Gavrilenkov, Evgeny, Paul J. J. Welfens and Ralf Wiegert. Economic Opening Up and Growth in Russia. New York Springer Verlag Berlin Heidlberg, 2004.Globalization. 2001. The World Bank Group. 10 October 2008 . Hurst, Charles E. favorable Inequality Forms, Causes and Consequences. Boston Allyn & Bacon, 2006. Schaefer, Richard T. SociologyA Brief Introduction. United Kingdom pedantic Internet Publishers Incorporated, 2006. Yergin, David. Commanding Heights. n. d. 10 October 2008 .