Title: Globalization in the Modern World
Headings: Globalization in the Modern World
Globalization in the Modern World
An overview of globalization and it's positive and negative aspects.
Definition and Examples of Globalization
Improved Technology in Transportation and Telecommunications
Movement of People and Capital
Diffusion of Knowledge
Non-Governmental Organizations (NGOs) and Multinational Corporations
Is Globalization a Good Thing?
Positive Aspects of Globalization
Negative Aspects of Globalization
Watch Now: What Is Globalization?

Content: Is Globalization a Good Thing? There is a heated debate about the true effects of globalization and if it really is such a good thing. Good or bad, though, there isn't much argument as to whether or not it is happening. Let's look at the positives and negatives of globalization, and you can decide for yourself whether or not it is the best thing for our world. Positive Aspects of Globalization
As more money is poured into developing countries, there is a greater chance for the people in those countries to economically succeed and increase their standard of living. Global competition encourages creativity and innovation and keeps prices for commodities/services in check. Developing countries are able to reap the benefits of current technology without undergoing many of the growing pains associated with the development of these technologies. Governments are able to better work together towards common goals now that there is an advantage in cooperation, an improved ability to interact and coordinate, and a global awareness of issues. There is greater access to foreign culture in the form of movies, music, food, clothing, and more. In short, the world has more choices.