Globalization

Globalization

The topic of this text - worldwide globalization. Firstly, author gives us full definition of globalization. In examining globalization the author points out all aspects of this phenomenon. Later author reviews history of globalization. One of example of international globalization in the text-is Silk Road across Central Asia that connected China and Europe during the Middle Ages. But also author reports that speed of globalization accelerate since years of the First World War in 1914.

In the second part of text author discuss about role of free-market economic system in modern globalization. The author concentrates on action of governments and international corporations which let to develop for globalization.

Beside positive moments of globalization author points out that globalization have some negative moments. Author gives opinion of proponents and opponents of globalization. In conclusion author came to consequence that citizens of all nations need to understand how globalization works.