![]() ![]() This was a very specific type of globalization as it meant that it was measurable, countable, and had clear limitations of all mechanical and physical infrastructure along with clear policies such as taxes and tariffs to control it. Much of the globalization that defined the 20th century has direct ties to the Industrial Revolution and the transport of goods across borders (Baldwin, 2018). The globalization of today is not the globalization of 70 years ago. ![]() However, it’s not just these tangible items that are moving swiftly across borders: ideas, rituals and cultures are crossing borders every swiftly as well which means that more policies and social movements develop on an international stage. Money, technology and raw materials move ever more swiftly across national borders” (). “Multinational corporations manufacture products in many countries and sell to consumers around the world. As technology speeds ahead at a breakneck speed, the various sectors of the world become more interdependent. ![]() With each century that passes, humans all around the far stretches of the globe become closer, in an constantly moving process of global integration that seems to grow more rapid with each passing year. Given the inherent duality of globalization, it is worth taking a closer look at all the nuances connected to it. Globalization has been a double-edged sword in American and all over the world, offering it both numerous benefits and drawbacks, conveniences and complexities. Thesis: Globalization is more complex today as it is deeper and more intense that the Pre World War I variety and has more repercussions and entanglements. Brief overview of how globalization has almost always existed to some extent.Ĭ. Globalization from an Economic Perspective: Poor vs. ![]()
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