Reflection

What is Globalization (video)

Globalization is an international trade of goods manufacturing around the world. Due to

globalization the flow of investment in countries are increasing. It also resulted to the products or
goods that are not well-known or popular are now recognized and enjoyed by other countries all
over the world. Because of globalization the interaction and exchanging of goods in different
countries is now easier. It also influences people, employment, ideas and knowledge.
Globalization changes the face of society because it influences other culture in different
countries and it even allows us to produce justice around the world. Global trade is caused the
rise of many world powers in history. Marco Polo in 1306, Columbus in 1492, Bretton Woods in
1945, and The Fall of the Berlin Wall in 1989. In the long term apparent that financial empires
overcame military powers. Global trade between different countries is an important factor in
raising living standards, providing employment and enabling consumers to enjoy a greater
variety of goods. It also opens new markets and exposes countries to goods and services and may
boost exports and economic growth. So overall, Because of globalization, you can purchase
cheaper goods, communicate with individuals from all over the world, and work in just about
any country. Importantly, globalization has also opened our eyes to various cultures, which has
increased people's understanding of one another.