The globalization (from Spanish : Globalización ; English : globalization or globalization ) is a global system that describes the interaction and binding changes, bond with people, companies, governments, and countries around the world. It refers to the way information, products, services and capital flow between global societies. In this way local or national practices spread and become global . Globalization can also refer to the fields of economics and trade , technology ,politics , and culture or cultures . [1]
According to George Ritzer , an academic and sociologist , globalization is a process of rapid flow or movement of people, objects, information and products in different directions experienced in different parts of the world. [2] [3] At the present time, technology and policy enforcement have made this system much faster.
Although many scholars speculate that the origins of globalization took place in modern times, others are based on history even before the European Age of Discovery and travel to the New World . Some date back to the third millennium BC. [4] The term 'globalization' first appeared in the early 20th century (subsequently replaced the earlier term French to mondialization). Its current meaning was formed in the second half of the 20th century, and became popularly used in the 1990s. The large-scale impact of globalization began in the 1820s until the late 19th century. In the early 20th century, economic and cultural connections to the world expanded rapidly
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The globalization (from Spanish : Globalización ; English : globalization or globalization ) is a global system that describes the interaction and binding changes, bond with people, companies, governments, and countries around the world. It refers to the way information, products, services and capital flow between global societies. In this way local or national practices spread and become global . Globalization can also refer to the fields of economics and trade , technology ,politics , and culture or cultures . [1]
According to George Ritzer , an academic and sociologist , globalization is a process of rapid flow or movement of people, objects, information and products in different directions experienced in different parts of the world. [2] [3] At the present time, technology and policy enforcement have made this system much faster.
Although many scholars speculate that the origins of globalization took place in modern times, others are based on history even before the European Age of Discovery and travel to the New World . Some date back to the third millennium BC. [4] The term 'globalization' first appeared in the early 20th century (subsequently replaced the earlier term French to mondialization). Its current meaning was formed in the second half of the 20th century, and became popularly used in the 1990s. The large-scale impact of globalization began in the 1820s until the late 19th century. In the early 20th century, economic and cultural connections to the world expanded rapidly
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