What are the benefits of globalizing processes How the international Essay

What are the benefits of globalizing processes How the international dealings are affected by this - Essay ExampleThe concept is oversimplified and exaggerated (Scholte, 1). This is because the term globalization has divers(prenominal) concepts of which five can be distinguished. As the first one, globalization can be defined from the internationalization aspect. It indicates economic and flock relations between different countries. It refers to flow of capital investments as well as movement of people and ideas between countries. The second concept of globalization which is liberalization refers to removal of trade and evade restrictions in order to promote free trade among countries. With this concept, amalgamation of international trade relations is generated. This benign of globalization can be actually seen in reduction and in many cases abolition of trade obstructions, visas and capital controls. Then there is the third concept that relates globalization with universaliza tion. It can be defined as spreading of ideas and cultural experiences to people in every country to promote a common perspective of culture in global humanism. This concept is becoming more common with globalization of automobiles, Chinese restaurants, kine rearing and so on. The fourth concept of globalization is modernization it is a radical concept that spreads the notions of contemporaneity like capitalism, industrialism, individualism all over the world. This process essentially destroys the prevalent cultures and regional concepts. This concept of globalization is evident in the imperialism of McDonalds, Hollywood and CNN. A fifth approach that has defined globalization is respatialization. It includes restructure of cordial borders with a growing transplanetary relation with people. Under the fifth concept, social space can no perennial by defined by territorial borders and distances (Scholte, 16-17).The benefit of globalization is very often a moot issue wherein the ma jor concern is the conditions of the developing third world countries. With the advent of globalization, some argue