Question

1. Describe, in your own words, the concept of globalization and international affairs. After your description answer the following questions:

-How do they affect the private person?

-How much said do you really have?

-What other interests or components, such as politics, economy, government, private interest, etc.?

-What about the impact on society and the community?

Answer 1

• Globalization is a process of interaction and assimilation among the all country, people, industries and various govermental nations. There are three classification of globalization.

1. Political globalization
2. Social globalization
3. Economic globalization

The benefits of globalization : Here are some benefits of globalization :

1. Higher quality goods and services
2. More wealth in the whole world
3. Lower cost of living
4. Higher standard of living

Overall globalization explained that through this process national and regional economics and societies become assimilated and integrated by the global network of trade.

• International affairs : International affair is a relationship in between national and external (foreign) strategical policy. It is associated with politics, economy, government, private interest, etc.
• How do globalization and international affairs affect the private person : ​​​​​​​It increase world wide technology, economical relationship in between internal and external countries. It helps to enhance the job opportunities in various industry. Therefore it helps to improve in performance of countries economy and affacts in the grose domestic product (GDP). As a result of poverty level get lower.
• Apart from that, there are involved many other components or interestes like global trade and transactions, migration, knowledge distribution and etc.
• The globalization and international affair impacts on community and society in many ways like :

1. It changes the rate of global trade.
2. It helps to increase in cultural diversity.
3. Helps to decrease the racism rate.
4. Globalization and international affairs helps to use the foreign production idea, technologies and their business strategies.
5. It helps to increase mass media communication in society etc.