Question

200 to 300 hundred words.

Why are economy, politics, and culture the three main drivers of globalization ? Explain your response.

Answer 1

The Politics, Economy, and Culture stands as major three drivers of the Globalisation. The globalisation referred as the process of worldwide relationship and unification amoung the various companies, governments and peoples. There exist an crucial role for the politics, economy and the culture in the globalisation.

Economic Globalisation

Globalisation is highly influenced by the economy. Therefore the economy is considered as one of the driving force of globalisation. Through the quick increase in the movements in technology, capital, good and services accross the border will helps to strengthen the economy by economic globalisation. The economic interactions over globe will build-up and extend the globalisation in economy. The economic integration between countries increases, it steer to the arrival of global marketplace. Economic globalisation referred as either positive or negative phenomenon. It constitute of globalisation of production and globalisation of market. The competition, technology and corporation are also includes in economic Globalisation.

Political Globalisation

The another driving force in the globalisation is the politics. The world wide political structure or system will increase in it's size and complexity through the political globalisation. Yhe political system of this globalisation includes, global civil society, national governments, intergovernmental organisations, international non-governmental organisations,social movement organisations etc. The political interrelations across the globe is maximised and strengthened through thd political globalisation. The major aspects in the political globalisation includes the direction of our world wide political system, role of global governance and the modern nation-state system. The institutions of global governance such as IMF(International Monetary Fund), WTO(World Trade Organisation), and the world bank will rapidly grow by political globalisation power.

Cultural Globalisation

To expand and reinforce the social correlation we will impart the ideas, values and meaning around the world lead to the cultural globalisation.The process of commodity exchange and colonization carry cultural meaning accross the globe. The movement of cultures permit personals to join in enlarged social bond that cross over the territorial and national boundaries. Cultural globalisation consists of development of shared norms and knowledge that the people connect their individual and collective cultural identities. It leads to the interconnections amoung various populations and cultures. The latest technology and ways of communication having great influence in integrating different cultures across the world into each other.