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Globalization: Final Paper

1623 Words7 Pages

Rene Banks
Final Paper-Globalization
7/22/2017

Part I: Introduction
According to the book, “Globalization is a trans-planetary process or set of processes involving increasing liquidity and growing multidirectional flows of people, objects, places, and information as well as the structures they encounter and create that are barriers to, or expedite, those flows (Ritzer, Dean, 2015).” Throughout this summer semester, I have grown to learn more and realize more about globalization. I never thought of globalization to be increased liquidity of everything and never thought deep enough into globalization to recognize the negatives. To be honest, I didn’t even know what globalization even really meant. Now that I have a better idea of what globalization …show more content…

Traveling between countries has become accessible for anyone (who can afford it). Social media and technology has made it very easy to connect and communicate with people all over the world, stay in touch and follow people in their lives, and also be able to gain access to any information we need or want about any part of the world. A huge part of globalization is in the import and export goods to and from countries and corporations becoming worldwide, such as H&M and IKEA. There are also negatives when it comes to globalization such as global warming, crime increase, the import and export of drugs, and diseases and illnesses. The increased liquidity of globalization also means increased liquidity for negatives and positives in …show more content…

This makes it possible to turn a profit that wouldn’t be possible if manufacturing was kept in the U.S. Once a Company grows so large that it makes it into the global marketplace, they usually have so much money that they gain political influence, thus giving them power on a worldwide scale. “Values are culturally defined standards of desirability, goodness, and beauty that serve as broad guidelines for social life (Leeder, 2004).” Unfortunately, when it comes to business, often time values get in the way of making more money. For example, a company may face a decision to have a good produced where there are no regulations for pollution if doing it the environmentally friendly way may increase the cost of

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