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GLOBALISATION Globalizzazione (1), ADVANTAGES: The transport of goods and…
GLOBALISATION 
Globalisation is often spelled "globalization" outside the UK.
The adjective "global" has its roots in America and dates back to the time when the American military was developing the first weapon of mass destuction, the atomic bomb.
The International Monetary Fund describes it as the process through which an increasingly free flow of ideas, people, goods, services and capital leads to the integration of ecconomies and societies.
It is common to consider two period of modern globalisation: the first from around the mid-nineteenth century to the start of World War I and the second from about 1960 onwards.
During the first period of globalisation it can be said that the world really did start to get smaller.
The second wave of globalisation beagn after World War II with international talks and agreements to facilitate economic growth.
Global trade and economic integration continued to grow, but it was the 1990s that brought a dramatic change to the scope and pace of globalisation.
This period marked the ending of an era with the fall of the Berlin Wall, which had symbolised the separation of the world's two superpowers, and the end of the Cold War.
Globalisation has many different dimensions; social, cultural, technological, economic, financial and political.
Global technology & information The internet and the World Wide Web have removed the barriers that lead to the isolation of countries, communities and individuals.
Global Culture Cultural globalisation can be interoreted as changing the world from diverse multicultural places to a single homogeneous culture.
Global language Language globalisation is a major part of globalisation. The whole point of language is to communicate, and a common or single language is necessary if you want or need to communicate with the world.
Global healt The increase in the number of people and products which move around the world, and the speed at which they do so, has led to an increase in the risk of global health issues.
Advantages and disadvantages of globalisation As said previously, globalisation effects us all, eherever we live, however old we are, whatever we do.
DISADVANTAGES: Poor countries are exploited by richer countries as the workforce is underpaid and working conditions are extremely poor, it widens the poverty gap particulary in developing countries, exc..
ECONOMIC GLOBALISATION: Refers to the growing integration of economies around the world, particulary through the movement of goods, services, and capital across borders.
The roles of supranational organisations, such as the World Trade Organisation and International Monetary Fund (IMF) are also often considered fundamental.
OUTSOURCING, BACKSOURCING AND INSOURCING: Outsourcing is a practice used by companies which involves moving work that was once done by their own staff to an outside company.
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INSOURCING: Is a term used to refer to when a company uses its own employees and departments to perform a task in house which otherwise would have been contracted out.
GLOBAL SUSTAINABILITY: The first model is called "sustainable development" and the most widely used description of its aims is to meet the needs of the present without compromising the ability of future generations to meet their own needs.
The second model is a much more radical approach called " de-growth". It calls for significant reductions in resource consumption and for the introduction of limits to economic development.
ADVANTAGES: The transport of goods and peoople is quicker and easier, people have more options to choose from among the products of different nations, developed countries invest in developing ones and reducing poverty, exc..
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