Globalization in economie nowadays

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Recently, globalization has emerged as a commonly used term and applies to most societies in the world. It is a powerful real aspect of the new world system and represents one of the most influential forces in determining the future course of the planet. Globalization represents a number of dimensions such as economic, social, cultural, political, environmental and security among others…

Introduction

This has played a critical role in the intensification and acceleration of social exchanges and activities hence increasing human consciousness and interdependence. Steger (23) brings the concepts together and defines globalization as "a multidimensional set of social processes that create, multiply, stretch and intensify worldwide social interdependencies and exchanges while at the same time fostering in people a growing awareness of deepening connections between the local and the distant."
According to Appuradai (1), it only takes the merest acquaintance with the facts of the modern world to note that it is now an interactive system in a sense which is strikingly new. Hughes (34) states that historians and sociologists, especially those concerned with translocal processes and with the world systems associated with capitalism have long been aware that the world has been a congeries of large scale interactions for many centuries. Yet today's world involves interactions of a new order and intensity. According to Hansen (34), cultural transactions between social groups in the past have generally been restricted, sometimes by the facts of geography and ecology, and at other times by active resistance to interactions with the other.
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