PONTIFICIA UNIVERSIDAD CATOLICA DEL ECUADOR SEDE AMBATO

FOURTH LEVEL

NAME:Paola Soto

DATE: 17-09-2020

Globalization is a palpable phenomenon, especially since the end of the 20th

century and the beginning of the 21st century. Globalization is a historical process
of world integration in different areas, for example in the economic, political,
technological, social and cultural spheres. Globalization has transformed the
world into an increasingly connected place.
On the other hand, the process of globalization has helped in the interaction of
countries and subjects. It has also generated a great impact on economic aspects
such as the labor market, international trade, politically in a more democratic
system, as well as greater access to education and technology, among others.
However, globalization is uneven and asymmetric, since it affects in very different
ways according to the level of development of each country worldwide; This
means that it depends on connectivity and telecommunications; it supposes the
spatial reorganization of production;
globalizes merchandise and favors uniformity of consumption; it forms a global
financial model. In this case, globalization also has advantages and
disadvantages.
In my opinion, globalization helps in different ways, however this can affect
underdeveloped countries. On the other hand, globalization also has
consequences such as: extreme poverty.