Q1. Some analysts believe globalization will put an end to longstanding national economic, political and cultural...

Q1. Some analysts believe globalization will put an end to longstanding national economic, political and cultural differences. Others disagree. Which side, if any.

Discuss if do you think is right, and why?

Solutions

Expert Solution

I agree With the statement . Globalization has made the world a smaller place. The concept of global village has been introduced after globalization. As natinations individually we have our own ideas and believes about culture, politics, occupational structure etc. With globalization these differences are blurring away. We have a lot of changes that can be witnessed due to globalization on various aspects.

Cultural differences have started to fade away and new ideas, beliefs and cultures are flowing across boundaries. There are absolutely new cultural ideas that are formed due to globalization.

Politics and economics go hand in hand very closely. Globalization has caused countries to come to common grounds for economic development of the economy. Conception of business outsourcing, MNCS have been witnessed as an outcome of globalization.

These are just a few examples where globalization has blurred the longstanding issue of differences. There are multiple examples where globalization has benefited along with doing away with the iissues.

Rahul Sunny answered 1 week ago

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