Globalization
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The term globalization refers to the fact that everybody is increasingly live in one world, so that individuals, groups and nations become more interdependent. The explosion in globalization contributes in some important advances in telecommunication technology and the world economy. Although the economic is the integration part of globalization, but it cant live alone. This essay argues that globalization does not only refer to the world economy, but also included at other levels such as: technology and culture.
Globalization is being driven forward by the integration of the world economy. Unlike the early agricultural and industrial era, the world is stepping into a new era called: information age. All products are based on information with the help of the computer software, media and internet. The economic activities are becoming increasingly intangible and the networks allow the economy to work across national boundaries, rather than stopping at them. Businesses and corporations have restructured themselves to survive in the contest. The transnational companies are more flexible and less hierarchical in nature...