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Economic Globalization

Introduction
Globalization is the process of integrating communities worldwide socially, economically, politically and culturally into a single system or community. Though it is very present today, globalization has been happening for years but has increased in its rate and scale. As technology and transportation has developed over the years, the world is becoming smaller and yet bigger at the same time. It affects even those at the most secluded corners of the Earth. In short, there exist no regional barriers as to the works of production and the entire trade. In fact, globalization has led to the formation of worldwide organizations such as the World Bank, the International Monetary Fund and the World Gross Domestic Product (GDP). These are organizations that support the entire world, but their operations are as if they belonged to the same nation. Globalization includes specialization by countries, removal or subsidies of tariffs and taxes on imports and exports.
A good example of globalization is the fact that the automobile industry is no longer located in one country. Assembly of various parts is made in various nations that are interlinked. The final product is then assembled in one country. All these have been made possible by the invention of technology/internet and the removal of trade barriers across nations. Technology has made easy various aspects such as communication, transport and production. For example, the inventions of technology and developments in the internet have made communication a quick process. With the internet, distance is no longer a communication barrier. E mails and live chats have made communication across various nations a matter of seconds. Marketing and purchase of goods has been made quick by the use of internet. In short, globalization is among the forces that have shaped the world after the world wars.
How Globalization affects the Lives of People
Globalization and Education
Globalization has reduced the entire world to a village in which persons can pursue further education anywhere in the world. Students need not have to worry about pursuing curses that are not offered in their country. Globalization has increased the academic institution’s pool in a way that persons search for international admissions with no reservations whatsoever. Persons can now pursue courses in other nations and bring the obtained knowledge to their nation. Education has come along with scientific interpretation of aspects of life. Considering the Gebusi community that heavily believed in witchcraft and sorcery changed their view after interacting with diverse communities. Other cultural aspect such as sister exchange, love potions and the Gebusi traditional ceremonies also turned obsolete (Paar n.p).
Globalization and Trade
Globalization has encouraged trade to flow from wealth countries to developing countries. Investors are shifting their business locations to developing countries that offer more business opportunity. The T-Shirt travels case is a good example of trade flows. It depicts donors been linked with small scale traders based in various parts of Zambia. Also, Mafo, a teen boy benefits from the sale of these second hand clothes and in turn he benefits his entire family.

This is a clear example of how globalization has improved peoples’ lives and has also boost the local economy of developing countries (Karen n.p).
Globalization and Westernization
Globalization has led to the adoption of western culture and its ways of life. For instance; global academics and global media have emerged as a result of Globalization. People are no longer focused on national news, global news that is aired in international television channels such as CNN. Globalization has led to culture exchange and culture mix. In fact, the world is now heading to the establishment of a global culture. A global culture will be common to all persons in the world regardless of their continent or geographical location. The mix of persons from various countries has made persons borrow good aspects of other cultures and in return abandon the undesirable ones of their own culture. Culture encompasses language, dressing style, cooking and eating habits among others. Life has become more pleasant with the availability of thousands of cultural aspects to choose from. For example, to the Gebusi people, globalization changed their way and processes of marriage. Initially, the Gebusi women were responsible for finding their spouses a culture that has been altered by culture mix (Paar n.p).
Conclusion
Globalization has resulted in the international economy, international politics and international legal institutions among others. The entire world has reduced to the size of a village and geographical boundaries no longer exist. Abolishment of trade barriers and technology are the two key drivers of globalization. Though globalization has been seen to have numerous benefits it also has negative effects such as culture drain, increased corruption at countries borders and exchange of illegal goods.

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