Different Types of Flows in Globalisation
People
Expacts
Domestic employees, for example, are relocated abroad because of improved economic opportunities.
Professional personnel are also dispatched to work in other countries (for example, bankers sent to work in a company's branches).
Tourism
Tourists can now explore the world via airplanes, boats, and other modes of transit, thanks to advancements in transportation.
Migration
Despite greater industrialisation in poorer countries (such as India), more developed countries still provide better economic opportunities, prompting people to move.
Education
Students increasingly study abroad as a result of improved developments in communication and transportation technology.
Refugees
Displaced persons, such as refugees, are welcomed by global communities (for example, refugees fleeing the Ukraine war sought asylum in Poland).
Capital
Because of enhanced connectivity, people from all around the world can buy from different stock markets.
Goods
Developments in communication and transportation have made it possible to carry things efficiently over large distances.
Certain items have had their prices drop as a result of increased specialization.
Smartphones, for example, are frequently designed in high-income countries before being manufactured in low-income countries.
Psychology
Ideals
The propagation of primarily North American principles and beliefs has occurred.
Entertainment
Different sorts of entertainment have proliferated over the world, mostly in North America, as a result of technological breakthroughs and, in particular, the inventino of the internet.
(Star Wars, Marvel, etc.)
Culture
People bring their culture with them when they travel, including their language, values, practices, and more. As a result of the greater flow of people, people can develop a deeper understanding of one another, as well as appreciate and respect one other's cultures.