Concept Of Globalisation

Concept Of Globalisation

The Concept of Globalisation tells about the flow of ideas. It not only ideas, but also talks about the flow of capital, people, and different commodities in the form of different resources. This flow takes place from one part to another of the world. The Concept of Globalisation is multi-dimensional. The concept of globalization is not only talk about the flow of resources across borders. But it has different political, cultural, and economic aspects too. Globalization maintains the interconnectedness between the different aspects. These interconnected aspects can be created and sustained. They always maintain a constant flow of consequences....

Causes of Globalisation

There are so many factors of globalization. In these factors, technology plays a major role. The capital, different ideas, commodities, and people move more easily from one location to another due to technological advances. If any event is happening in a different part of the world, due to technological advances the impact flows to the other part of the world. Not only ideas, but for the technology the communication methods have also been improved which accelerated the globalization process....

Political Consequences of Globalisation

Globalization causes the erosion of the state capacity which can limit so many functions. The old welfare states now giving ways to be more minimalist to perform the core functions related to law and order. The security market became more prime and dominant in so many social and economic aspects. Multidimensional companies are leading the world by reducing the power of the government. Due to the globalization, the global governance system evolved as the United Nations regulates the International Politics....

Economic Consequences of Globalisation

The economic consequences of globalization shape a large part of the world. It also set a direction for the contemporary debates on globalization. The broad way of the economic aspect brings economic success through the globalisation process. Greater economic flows and evolutionary processes make the institutions more powerful as well. Economic globalization creates a safeguard but also creates division on so many opinions as well....

Cultural Consequences of Globalisation

Globalization affected the cultural aspects also. This effect may lead to fear and create so many threats to the different cultures as well. Globalization always tries to create a uniform culture which may be called cultural homogenisation. External influence on culture is negative as it may reduce our choices. Cultural homogenization is an aspect where cultures of the world receive opposite effects. Globalization is needed as it makes cultures more distinct....

Liberalisation, Privatisation And Globalisation

21st Century Globalisation: In 1991; India came with so many economic reforms that de-regulated the various sectors including the trade flow and foreign investment. The LPG adaptation was part of this policy which was the effect of globalisation.  Resistance to Globalisation: Globalisation and related effects also received much criticism as well. The process represents a major phase of capitalism that made the rich more rich and vice-versa. The Western culture started to harm the traditional culture. The MNCs captured the market which destroyed the dreams of the small industries.  India and Resistance to Globalisation: India and its Resistance to Globalisation came in different quarters. So many sections started protests of this adaptation and ideas. The left-wing protests the economic liberalization united so many parties from all forums....

Globalisation – FAQs

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