Friday, May 15, 2020

Post World War II A Major Transformation Into What Is...

Post World War II, internationalisation underwent a major transformation into what is now globalisation. While the concept of internationalisation keeps the nation what it was at the core and maintains the cultural practices, globalisation integrates nations into one economic area due to free trade and capital mobility. It is incredibly difficult to look at globalisation objectively as a black and white issue because there are both helpful and hurtful things about it. When once it took months of time to communicate with other countries, technology has made it possible to make contact with someone across the globe within minutes. Another outcome of globalisation is that a single language (English) is becoming much more common so more people across different cultures are able to have a conversation. Whether that is a positive or negative effect has yet to be determined. While there are advantages to the integration of nations there are also downsides. With the increase of globalizatio n, there is also harm caused to countries that are attempting to develop economically because they are unable to keep up with major economic powers. The loss of culture is another serious effect as well as the marginalization of those who are not an over-developed and commercialized nation. Westernized countries are emerging all over with corporations looking for cheap labour and tourist spots for their citizens. As the world advances, so do the reaches of communication and the expansion ofShow MoreRelatedGlobalisation in Russia5922 Words   |  24 PagesGlobalisation in Russia : the challenge of the transition to the world economy Fifteen years ago, the Soviet Union was a socialist authoritative country, tightly isolated from capitalist countries. Nowadays, its direct heir, Russia, is one of the most quickly growing markets of the world, strongly open on the global economy. 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