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In: Economics

choose one of the drivers of globalization, define it and explain how it might affect a...

choose one of the drivers of globalization, define it and explain how it might affect a given culture

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Expert Solution

Globalization implies the opportunity to a company to flearish and develop their management and spread their products through the entire world.The term drivers of globalisation implies the factors which effects the growth and progress. It includes technology advancement , international investment ,international trade.They have both positive and negative impact.Here we can go with technology advancement,as we know for the development of the business ie; for the globalization technology is an important factor as technology develop the business will be progressed. It can be defined as a factor by which the globalisation becomes easier for the people,goods, materials and different ideas to move beyond the borders and can help in progress of the firms.Here as technologies develope the chance to make the goods spread over the world and making them recognise around the world become more easier and faster so that the product produced can easily reach the user and can be efficiently used by them.We can take an example of telecommunication when the technologies used in telecommunication developed in bought a great change in the life of people. Ie;all are able to send and receive information as well as messages very quickly as possible eithout delays.The effect of technology advancement on our culture is both positively and negatively. Ie;the media can provide an oppurtunity to make well aware of different cultures also the importance of these culture and their perservation.these all addsup the knowledge about the cultures .here the diversity of different cultural ways are retained and also they can enpower the personals through it. It is a great aid for tourism.the misrepresentation and misunderstanding can be reduced to an level.this advancement can increase the quality of the life and improve the life style of people.This will help the developing nations to attain the development and developed nations to standardise their values more efficiently.only using technologies we can preserve the language and customs which are the parts of a culture by accuring the good parts out of itand securing it in its orginal form.These can have a great impact on the education and character of the current generations.

As a coin every thing has two side the other side of technology advancement is that, Here technology advancement as apart of globalisation can be misused by the multinational coporations.ie; the tendency to use the medias as well as the public to exploit the workers market social values in different ways makes the people think in different and without humanity.it can lead to the occuring of loss of self individualism.globalisation introduce colonizationwhich effects the culture adversily.Here domination of a specific culture above the other can take place due to the misunderstanding of the culture properly.nowadays the control and monitor of content available on internet is a difficult task which is an key factor in shaping the character of an indivudual.

So when the advancement is used properly and for right aim the globalisation can be increased and development can be achieved very fastly on otherside if not it can even collapse a country.These are the effects of technology advancement


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