Globalization and Its Main Characteristics Essay

Globalization and Its Main Characteristics - Essay ExampleReich (1998) defined globalisation as a mental process through which events, decisions and activities in star part of the world can come to have a world-shattering consequence for individuals and communities in quite distant parts of the globe (Reich, 1998, p.5). It is the process through which economies, societies, and cultures are exchanging their resources for plebeian benefits. Moreover it is the process which integrate global network of political, technological, economical and cultural ideas through communication, transportation, and trade. In short, globalization is an effort to bring all the people in this world under one umbrella. This paper analyses the unalike characteristics of globalization. Globalization succeeded in bringing many a(prenominal) social, political and economical changes in the world. It is intended for decreasing the opening between deep and poor, different religious beliefs, different poli tical and social ideologies etc. Poor countries whitethorn have many resources, but they may not have the infrastructure or technological expertise to exploit it. Globalization can help such poor countries to mobilize their resources more effectively with the cooperation from rich countries. For example, it is quite possible that oil resources are available in many of the poor countries. However these countries may not have the technological expertise or financial abilities to explore oil in their coastal regions. Rich countries can help such poor countries in exploring oil resources in their territory as a result of globalization. Thus, both the countries will be benefitted from their mutual cooperation. It is illogical for a poor earth to keep their valuable natural resources untouched while striving for progress. According to Lauder et al (2006), many people tempted to think globalization as the process of transportation of jobs, ethnic and cultural composition of nations etc from one country to another (Lauder et al, 2006, p.32).