Globalization

             After the break-up of Soviet Union, globalization accelerated through the world. It includes the increasing integration of countries' individual economies, the rise in the world trade and multinational companies and the effect of large sums of money moving in and out of economies. People around the globe are more connected to each other then ever before. Information and money flow more quickly than ever. Goods and services produced in one part of the world are increasingly available in all parts of the world. International travel is more frequent. International communication is commonplace. This phenomenon has been titled "globalization". Not only the term of globalization has increased since last years, but also anti-globalization has appeared and is still increasing. Anti-globalization is the umbrella term for a group of different protest causes, including: environmentalism, third world debt, animal rights, child labor, anarchism, and anti-capitalism and opposition to multinationals. The most attacked institutions of anti-globalization protests have been especially World Trade Organization (WTO), International Monetary Fund (IMF), and World Bank. As the big businesses are growing all around the world, anti-global activities and protests also increasing their level of intensity and violence.
             Together with the collapse of communism raised the companies that expanded their sphere of business all over the world. Since the meetings of international monetary, trade and environmental organizations incited little or no interest in the past, at the present times; they are drawing the attention of thousands of anti-globalization activists. Large corporations with international undertakings stand accused of social injustice, unfair working conditions (including slave labor wages, living and working conditions), as well as lack of concern for environment, mismanagement of natural resources, and ecological damage. However, protes...

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Globalization. (1969, December 31). In MegaEssays.com. Retrieved 00:50, May 03, 2024, from https://www.megaessays.com/viewpaper/82054.html