Extra posting/How has globalization changed our society?/Bae Sae A

How has globalization changed our society?

Globalization is a process in which the international community increases interdependence among nations in economic, political, social and cultural fields and integrates into a global village.

First of all, it is the globalization of economic aspects. Global movement of goods, services, capital and labor is active. The world economy creates equal economic order and norms. The wider range of consumer choices for goods and services benefits consumers. The expansion of the product market and the promotion of corporate innovation has spurred multinational operations.

However, there are also negative effects. The gap between the rich and the poor between developed and developing countries is widening. The polarization between knowledge workers and simple workers is also intensified. The influx of multinational companies and large capital hinders the autonomy of government policies.

There is also a spatial globalization. The increase in international exchanges reduces spatial constraints. There are also increased opportunities for overseas employment due to the brisk movement of human resources. The scope of individual activities has expanded globally beyond the domestic market. However, when multi-cultural villages are formed due to the increase in international population migration, conflicts of values arise between them.

There is also a cultural globalization. The influx of new cultures may enrich existing cultures and allow their own special cultures to enter the world. Also, cultural diversity is deepening and multicultural society is coming. However, there are also problems with conflicts between individuals and groups due to hostility to other cultures.