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To add on this , globalization has led to high standards of living to both developing
and developed countries .Estimates from the World Bank suggests that poverty
decreased by 35% since 1990 , which means nearly a billion people have moved
out of it since the period to 2015 .There is no question that globalization has
transformed the modern world .Globalization shapes and it will continue to shape
the world as it will shape the way people do business .Commerce is encouraged
and everyone benefitted from the globalization .Technology has also spread
globally many countries around the world remain constantly connected and
knowledge , technological advances tend to travel so quickly because
globalization has fueled the movement of technologies faster than ever
before .This also means that scientific advances made in Asia can be at work in
the United States in a matter of days .This is one of the importance of
globalization , technology has increased rapidly .Cell phones came quickly to
African continent , phone use currently growing every year in Africa and
approaching 90% in countries such as South Africa .Rapid technological advances
have benefits other than economic ones as people now doing business online
using these cell phones for example in Zimbabwe one can send and receive
money via the mobile phone .Services like Ecocash , telecash and one money are
accessed through these mobile phones .However this technology has injected
crimes like scams and also cyber attack .Since people keep money in banks
connected to the phone scamming has risen especially in developed countries ,
hacking of accounts has increased .Politics is also discussed on these cell phones
on platforms like whatsapp , facebook and snapchart .I t is very important to
know that globalization is very important and somehow very dangerous to the
communities in the globe .
REFFERENCES
2.Module