The answers for following question
How does globalization affect economic aspects of people's live?
As economic globalization comes to us, it offers a platform for the competition among workers, or foreign investment, or trade, or government borrowing.For the transnational company, global economy has a huge impact to them. Because they can run more profits by selling their product to other countries. They also can save money by hiring the cheaper labour. In other hand, if they cannot surpass their competitor, they will face bankruptcy. Wal-mart is an example transnational company that succeed in their strategy that can run more profits to develop their market. However, while War-mart succeed in development, many kinds of small company like that faces bankruptcy. For the individuals, how to succeed in global economy is very important things. Many enterprisers can collects capital by utilizing the foreign investment. But in some poor countries, some people hate globalization of economy. Why? They cannot compete with other people like foreigner with high diploma and then lose their jobs. Global economy exposes them to harmful competition. So, that is also a phenomenon that global economy challenges people's lives.
How does globalization affect social aspects of people's lives? People live in the world influenced by globalization. How dose globalization affect my lives? Now many people know that i immigrate to canada. Now, i am learning the new culture of canada and assimilated into the large group canada. So globalization affects my identity. But how can globalization affect people in the world. We heard the words "Marginalization", "Homogenization", "Accommodation", "Acculturation", "Assimilation" and "Integration". They are the terms that globalization affects the world. Marginalization happened when the small groups' people value can not be accepted by the large group. Like the indigenous people, they were for
The answers for following question
How does globalization affect economic aspects of people's live?
As economic globalization comes to us, it offers a platform for the competition among workers, or foreign investment, or trade, or government borrowing.For the transnational company, global economy has a huge impact to them. Because they can run more profits by selling their product to other countries. They also can save money by hiring the cheaper labour. In other hand, if they cannot surpass their competitor, they will face bankruptcy. Wal-mart is an example transnational company that succeed in their strategy that can run more profits to develop their market. However, while War-mart succeed in development, many kinds of small company like that faces bankruptcy. For the individuals, how to succeed in global economy is very important things. Many enterprisers can collects capital by utilizing the foreign investment. But in some poor countries, some people hate globalization of economy. Why? They cannot compete with other people like foreigner with high diploma and then lose their jobs. Global economy exposes them to harmful competition. So, that is also a phenomenon that global economy challenges people's lives.
How does globalization affect social aspects of people's lives?
People live in the world influenced by globalization. How dose globalization affect my lives? Now many people know that i immigrate to canada. Now, i am learning the new culture of canada and assimilated into the large group canada. So globalization affects my identity. But how can globalization affect people in the world. We heard the words "Marginalization", "Homogenization", "Accommodation", "Acculturation", "Assimilation" and "Integration". They are the terms that globalization affects the world. Marginalization happened when the small groups' people value can not be accepted by the large group. Like the indigenous people, they were for