As soon as they finally overcame its effects, they could not help but realize that the numerous effects of globalization had all of a sudden taken place.
Thirdly, the article talks about the invention of the broadband connections and email software such as search engines like Google that made the effects of globalization even more evident and made way for the world to become even flatter. Also, the email system and internet brought about a great change in the way people communicated and worked from then onwards.
Moreover, ‘It’s a flat world after all’ talks about how the globalization system has allowed all the knowledge pools around the world to connect together over the years. These knowledge pools when combined will lead to brand new innovations and developments and these will emerge not from one specific area but will be a combination of the North, South, East, and the West.
The article further states that there are various key factors that led to globalization or to the world becoming a flat one. The first factor of these took place on 9 November in 1989 when the Berlin wall came down. Then the second of these took place on September 08, 1995 when Netscape went public and the internet emerged and the dot com boom was triggered around that point. Furthermore, one observed a breakthrough in person-to-person and application-to-application connectivity that further produced six more world flatteners. One of them was ‘outsourcing’.
With further passage of time came the concept of ‘off-shoring’, which referred to sending an entire factory from one country to another. This was followed by ‘open sourcing’ which was further followed by ‘in sourcing’ and then by ‘supply chaining’. After this, came the world flattener that was ‘informing’ which took place when Google and other such search engines came as inventions. The ...
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