Since globalization is an incomplete process, it is a work-in-progress, and the result is unknown. Therefore, no one knows how a global society would look.
There are several factors accelerating the process of social change. These factors include institutions, technology, ideas, and value. The traditional communities that practice hunting and gathering are difficult to change. Unlike the traditional society, the modern societies are differentiated and open to change. The can change to non-food producing activities that may lead to innovations. In addition, globalization has economic, cultural, social and ideological aspects. Therefore, globalization in economic terms is very simple.
The process of globalization has shortened the distance between people and the rest of the world. Though geographically far apart, people can easily exchange goods and ideas using the new technologies. They will exchange goods and services the same way they would when they were close to each other. Globalization has also revealed that the global challenges and problems can be very different. The difference is the same to the problems replicated across states and those understood at the global level.
One of the problems replicated across the global societies is the financial crisis that started in the United States. The crisis spread to all nations, and most countries experienced challenging economic cycles. Some of the global societies have not completely healed from the crisis while others have recovered. The global warming is another problem felt at the global level. The global warming challenge is a result of changing climates, and this problem is still a global concern. The problem cannot be solved by individual persons or states but requires global states to participate in suggesting measures to eradicate the phenomenon.
The global warming and financial cases are