Defining Globalization

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Medenilla, Ivy F.

March 15, 2022


BsArch – 22E1

1. If I will ask in the idea that the world is defined and characterized by high liquidity, yes, I
agree with that idea. Like stated in the lecture liquid is a matter that are not fixed. For example,
globalization is continuously updating our technology to make things easier like computers, but
like a liquid your personal information may leak and can used for an illegal transaction.

Globalization is also not stable or fixed in terms of economic development because the
improvement of each country is not equal, if a specific country has been chosen by big capitalist
and provide development project foreign investors will start to operate businesses. But if a
country has a less opportunity, weak market and have a small population the chance of
developing is at low percentage.

2. I will describe globalization in a form of battery. We all know battery have two sides, the
positive and negative side. In my own experience and based on what I've seen, today's generation
are patronizing other country's culture, tradition, music, fashion and cuisine instead of supporting
their own country and cultural heritage.

The positive effect of that is they are attracting more foreign investors to conduct a business on
that particular country because there's a good target market and definitely, they need manpower
that will create opportunities to those people who do not have a job.

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