Get premium membership and access questions with answers, video lessons as well as revision papers.
Got a question or eager to learn? Discover limitless learning on WhatsApp now - Start Now!

Define the term "globalization" and briefly explain why the world is now referred to as a "global village".

      

Define the term "globalization" and briefly explain why the world is now referred to as a
"global village".

  

Answers


Kavungya
Globalization defined
Globalization is the process by which the economies of countries around the world become
increasingly integrated over time This integration occurs as technological advances expedite the
trade of goods and services, the flow of capital, and the migration of people across international
borders.

Why the world is now referred to as a "global village"
A Canadian writer and educator named Marshall McLuhan came up with the phrase, "the global
village" to describe our world. What is a village? "A small community where everyone knows
each other" springs to mind. Perhaps the thought that each person in the community helps the
village to survive and so everyone is dependent on each other applies. These are good
descriptions of a village but could we say this about our world? Physically our world is
enormous. How can we all be connected to each other?
In the last century, better transportation and communication have allowed people to be in contact
with other parts of the world more quickly and more easily than ever before. The world is also
connected through global resource use and a world economy. What is grown or made in Asia
often is consumed in North America. The products of Europe are found in Australian stores.
African produce is found in the kitchens of Europe. The global village, as
McLuhan meant it, is an image that shows us to be connected to, and dependent on, other parts
of the world.
Kavungya answered the question on May 18, 2019 at 08:41


Next: Argue the case for social responsibility of business organization.
Previous: Discuss the positive and negative effects of globalization on the operations of a business organisation.

View More ATD Principles of Management Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions