Globalization has brought technology, international trade and communication from all around the world.
By emgarcia140
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When did Globalization begin
In 1950, the United States declared themselves the most powerful country in the world after world war two was won. They say that globalization began in the Middle East and China. Communication and technology has improved enormously after world war two which made globalization grow better and useful. (investopedia.com). -
Restaurants around the world
McDonald's is an international restaurant, and its constantly showing growth of companies over the entire world. (your dictionary.com). McDonald's has had 31,967 by the end of 2008. That was located in 118 countries, which kept expanding and getting even more popular. (Time.com). This shows globalization because it's constantly expanding and making money. -
Technology was huge
We have global news networks for example CNN, which lets us know the knowledge being spread from across the country. (your dictionary.com). We also have access to internet which is a huge contributor to globalization. We get to look up information as never before. The internet is quicker and efficient. -
Definition of Globalization
Globalization is said to be "The worldwide moment toward economic, financial, trade, and communications integration." (business dictionary.com). This means that interacting and communicating around the world has made it efficient with technology. -
Works Cited
Investopedia. When Did Globalization Start? www.investopedia.com/ask/answers/020915/when-did-globalization-start.asp. “Which of Your Friends Needs to Learn This Term?” BusinessDictionary.com, YourDictionary. “Examples of Globalization.” YourDictionary, 22 Apr. 2014, examples.yourdictionary.com/examples-of-globalization.html. James, Randy. “McDonald's Abroad.” Time, Time Inc., 28 Oct. 2009, content.time.com/time/world/article/0,8599,1932839,00.html. -
Cheap Clothing
Many of the clothing we wear comes from different countries like China, and Mexico, which gets shipped and put out in stores like Walmart, and GAP. "We produce clothes almost entirely overseas where its much cheaper" (John Oliver). Nowadays we do have clothes that are around fifteen to fifty dollars cheap, and its convenient for everyone. The cheaper the clothes are, the more money people are going to spend on that company's clothing store and, the more money that company is getting.
