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Essay / History of globalization and its benefits to society
Globalization refers to the integration and interaction of people across the world. Notably, it was almost impossible for people from different parts of the world to interact in the past, but the situation has changed since the emergence and growth of globalization. Therefore, the paper will provide a detailed analysis of the benefits of globalization for people around the world. Firstly, globalization is important in the world because it has boosted the world economy. Arguably, most developing countries now have the opportunity to interact and become more successful in their business with advanced economies. Second, cultural intelligence provides another perspective on the benefits of globalization, as people have the opportunity to meet and learn different cultures from around the world. Additionally, the document also contains an argumentation section which states that globalization has resulted in a better education system for the people. Political stability also falls under the arguments section, as countries have the option of seeking help and advice from abroad when facing political instability. Introduction Globalization refers to the interaction and integration between people, businesses and governments in different regions of the world. While the idea of globalization seemed complicated in its early stages, it became victorious after the expansion of road networks and technology, ensuring that people could interact and exchange ideas even when they are found in different parts of the world. Nevertheless, the debate remains open on whether globalization is vital for the world, hence why it is essential to analyze the benefits of globalization. For example, one of the major benefits of globalization is that it has improved the global economy because even third world countries now have the opportunity to interact and trade with advanced economies. Furthermore, it is also realistic to say that globalization is very beneficial for the world since it has enhanced cultural intelligence which is essential in the workplace. Additionally, students from developing countries also have the opportunity to access quality education since they can freely cross borders thanks to globalization. The best example is the growing number of foreign learners in American universities. The fact that people are now able to interact and exchange ideas proves that globalization remains essential, hence why governments should ensure they take charge and increase integration and interaction between countries. Background/History The history of globalization dates back to the 19th century, when world powers expressed interest in expanding their borders. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay. Notably, European countries that presented themselves as colonizers were the main contributors to the early stages of globalization, and this because they developed their territories towards Africa. and Asian countries, thus introducing globalized ideas. Nevertheless, the aftermath of World War I contributed to the downfall of globalization, as most states decided to close their borders to limit the number of foreigners entering their countries. However, the idea of globalization regained popularity after the end of World War II, sothat more and more countries have developed their interest in unifying and resolving their differences. Subsequently, globalization has continued to expand in the recent past as more businesses, people and governments participate in its development. Furthermore, the emergence and development of technology has recently contributed to globalization, proving that the world will continue to integrate into a large market. Globalization is the subject of an ongoing debate as to whether it originated a long time ago or whether it originated in the modern era. Globalization has three phases: archaic globalization, proto-globalization and modern globalization. Archaic Globalization: Archaic globalization is the first phase in the history of globalization, referring to events and developments from the first civilization to the 1600s (Wikipedia. 2018). Archaic globalization describes the relationships and process by which states began to work on the trade of goods with each other. Not only does trade benefit States, but it leads to the dissemination of different ideas, of a culture which ultimately benefits everyone. Economic exchange was different from modern globalization because initial economic development occurred in an external market where traders came to sell their products or purchase new products using the barter method. Proto-globalization: Proto-globalization is the period following archaic globalization from the 17th to the 19th century (Wikipedia. 2018). Globalization became more complex and expanded during the proto-globalization period, as trade was now between companies like the East India Company carrying out larger trades. Modern globalization: Modern globalization began in the 19th century, just after the period of proto-globalization (Wikipedia. 2018). Modern globalization involves greater expansions, more nation-supported trade. Viewpoint I. Strengthening the World Economy Firstly, globalization greatly benefits the world since it has strengthened the world economy. It is essential to emphasize that different countries of the world have different economic potential, some being advanced while others remain third world countries. Arguably, it is almost impossible to achieve progress as a world when other nations are stagnating as third world nations, hence the reason for the introduction of globalization. For example, some developing countries had minerals and other raw materials before globalization, but they were unable to grow their economies because they did not have industries to manufacture these raw materials (Alcántara-Pilar & Miguel, 2015). However, the emergence and advancement of globalization has improved the situation since many third world countries are now in a better position since they can export their raw materials to developed countries for processing, thereby strengthening the economy. worldwide. Additionally, the introduction of free trade is another reason why developing countries are now experiencing economic growth through globalization (Bigsten, 2013). It was difficult for foreign traders to visit other countries for business purposes before the introduction of globalization, and this was because most countries had border restrictions for traders. However, it is due to globalization that many countries have now introduced free trade zones, which implies that foreign businessmen are allowed to cross the border without paying customs duties. The fact thattraders from various parts of the world being allowed to interact freely ensures that they develop big ideas that will propel the global economy to greater heights. ii. Increased Cultural Intelligence Secondly, the growth of cultural intelligence among people from different parts of the world is another reason why it is fair to say that globalization is advantageous. First, it is essential to note that cultural intelligence refers to a person's ability to interact and work with people from other cultures. While it is in most cases difficult for people to work effectively with people from different communities, the truth is that globalization has made this more difficult by ensuring that people have the opportunity to experience other cultures. It can be argued that most people lacked cultural intelligence before globalization since they did not have the opportunity to interact with people from other communities (BusinessNews Publishing, 2013). However, it is now possible for a Chinese to travel to the United States and interact with Americans, or to discover American culture through the Internet. Subsequently, an American and a Chinese will have an equal opportunity to know each other's cultural practices, hence the progress of cultural intelligence (Collins, 2015). It is important to note that the increase in cultural knowledge facilitated by globalization improvises business operations and work across the world, thereby ensuring sustainable growth for individuals. Apart from traveling and interacting with people from other cultures, it is because of globalization that many countries around the world have introduced international studies to equip people with knowledge about international practices (Nesheiwat, 2014 ). One of the best examples is when English students learn to speak French, proving that globalization is essential. Arguments, Evidence, and Techniques I. Improved Technology and Infrastructure Third, the world is currently benefiting from the development of technology and infrastructure due to globalization. Although it is technology that has driven globalization forward, it is realistic to say that today it is globalization that is driving technology. The development of globalization is particularly driving technology as people want to find better ways to interact with others (Dincer and Hacioglu, 2013). For example, it was common for people to only engage in messaging during the early phases of social media, but this has changed recently since people can participate in video chats and conferences. It is therefore realistic to say that it is technology that has improved technology (Hart-Landsberg, NYU Press, 2016). It is undoubtedly possible that people will make better technological progress as long as they want to find the right ways to strengthen globalization. Moreover, the recent development of infrastructure across the world also proves that globalization is beneficial for people (Mohammidi, 2013). The fact that the introduction of globalization has led to increased access to other countries is the reason why there are better road networks in most parts of countries, as governments want to ensure that foreigners can travel easily when they visit their country (Gordon and Meunier-Aitsahalia, 2014). While every country has professional engineers capable of developing large infrastructure, the truth is that some states have better engineers, and,.