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Globalisation and social change - Essay Example

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Globalization has either positively or negatively impacted on political, social and economic aspects of life. Technology is deemed as the core facilitator of globalization process by increasing the speed of sending and sharing information, revolutionizing trade, and positively contributing to increased democracy. However, it can be argued that the increase in global crime and terrorism, cyber-crime and spread of contagious diseases can be attributed to globalization. The major focus of this paper is the social impacts of globalization and how it has influenced religion, poverty, education, economy and the society in general. The New Economy Globalization has been the backbone of the emergence and growth of a new economy, which is the global economy. Trading on the global platform has become easy and simple, with large volumes of business transactions being carried out in a single day. In contrast to the previous years when business was tedious and took ages for a single transaction to take place, today, a person can buy and sell goods without having to travel, or even leaving the comfort of their homes or offices, thanks to globalization. As the volume of business increases, competition has increased tremendously, while new products and services are being developed. The world economy is growing at a very high speed due to technological advancement. With the advent of technology, production process has revolutionized to increase volume, speed and quality of products (Perrons 2004, p. 175-189). Globalization has helped in the creation as well as the discovery of new markets. It is through globalization that firms and companies started thinking of international markets and diversification. Countries started carrying out research on international trade and its benefits to the economy. International trade came along with new cultures of consumption spread across the world creating more business (Yaprak 2002, p. 297-302). The ease of information sharing has helped many companies share information about their products and thus creating new markets and new economies in the world. Global Inequalities The overwhelming excitement brought by globalization swept across the globe that its negative impacts were not considered until much later. Globalization brought about global inequalities, creating disparities and rifts in global populations. While some populations are highly integrated into the world of technology, other areas are yet to experience technology and global village. It is believed that a majority of people who live in developing countries have no access to modern infrastructure and amenities. While town dwellers of these nations are connected to internet and use satellites, the marginalized have no access even to telecommunication signals (Wood 2002, p. 54-82). The effect of this trend has given birth to economic inequality problem due to increase in uptake of technology has increased the use need for industrialization. While the industrial countries emit huge smokes and industrial affluent into the environment, the developing and less industrial countries emit little pollutants. However, the environment suffers equally, without an exception of any country (Perrons 2004, p. 47). Global inequalities between nations are complex, with the differences in growth patterns in various nations. This can be attributed to the direct contribution of technology ...Show more
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GLOBALIZATION AND SOCIAL CHANGE Student ID 12040339 Bethan Lewis Course Institution 22nd March 22, 2013 Globalization and Social Change Introduction Globalization is defined as the process in which the world has become a global village due to increased integration and interaction…
Globalisation and social change
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