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Signs of globalization. Globalization has become identified with a number of trends, approximately of which may have developed since World War II. These entangle greater inter interior(a) movement of commodities, money, information, and people; and the development of technology, organizations, heavy systems, and infrastructures to allow this movement. The actual existence of some of these trends be debated. cast up in international trade at a fleet rate than the growth in the world economy summation in international flow of capital including foreign direct investment great transb order data flow, using such technologies such as the Internet, chat satellites and telephones Greater international cultural exchange, for example through the merchandise of Hollywood and Bollywood movies. Some argue that even terrorism has undergone globalization. Terrorists at present have attacked places all over the world. Spreading of multiculturalism and better single(a) access to cultural diversity, with on the other hand, some lessening in diversity through assimilation, hybridization, Westernization, Americanization or Sinosization of cultures.

Erosion of national sovereignty and national borders through international agreements leading to organizations wish well the WTO and OPEC Greater international travel and tourism Greater immigration, including illegal immigration ontogenesis of global telecommunications infrastructure Development of a global financial systems Increase in the share of the world economy controlled by multinational corporations Increased role of international organizations such as WTO, WIPO, IMF that partake in with international transactions Increase in the number of standards applied globally; e.g. copyright laws Major Drivers of Globalization According to Jack Treddenick, there are two major drivers of globalization: Technological change and the intemperate of national barriers to... If you want to get a full essay, order it on our website: Orderessay

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