The meaning of "globalization" in everyday language

 In fact, to understand globalization from the definition, it is better to start with the meaning of "globalization" in everyday language. If there is something that you can find in different parts of the world, we will say that it is very global.

 E.g:

You can speak English everywhere in the world. We can speak English as a very global language.

You can find McDonald's everywhere in the world. We would say that McDonald's is a very global restaurant/food.

If you go all over the world, people will know Nike as a brand. We would say that Nike is a global brand.

When you go all over the world, people admire Beckham. We would say that Beckham is an icon of globalization.

 There are many examples of globalization. When we say that it is becoming more and more global, it means that there are more and more people, things, and activities. More and more people and things of this kind are globalization. Take a look and you will understand:

There are more than 20,000 international standards around the world, unifying various product specifications and service standards in the world

More than 44,500 multinational companies with a total annual turnover of 7 trillion US dollars

More than 250 multilateral regulators

More than 16,500 cross-border civil organizations

Nearly 900 million phone lines

Nearly 2 billion radios

Over 1 billion TVs

Millions of credit cards issued

More than 1 billion air passengers each year

Annual foreign exchange transaction volume reaches 450 trillion US dollars

Annual cross-border fund investment is 60 trillion US dollars

In the past 50 years, the value of international trade has increased by more than 16 times

 One of the most important implications of globalization is to break through geographical restrictions. It means that people and things can break through the limitations of time and space. No matter how far away things happen, they can be known instantly; they can all be acted to respond immediately, so that people and things can proceed and exist on a global basis.

In the same way, the world has become more and more globalized, which means that we have more and more opportunities to contact "global" people, things, organizations, and activities. So we say that the significance of globalization is that things in the distance will affect things in the local area, and local things will affect things in the distance.

Globalization is actually describing such a large process, during which many people, events, and activities have become "global". You may not actively participate in globalization consciously, but the people and events of globalization will naturally involve you.

Comments

Popular posts from this blog

is such fight visible in your country?

[Blog Project Assignment 2] Hofstede's cultural dimensions theory / Yang Ruixin

Reading 2. What is the relation between culture and globalization? / Kim Yoon(김윤)