Globalization refers to the global integration of economies and societies that affects many aspects of young people's lives. While globalization offers new opportunities through economic growth, technology, travel, and communication, many youth in developing countries have been left out and lack access to the benefits. Globalization can help reduce poverty by allowing lower-cost production and a variety of goods, which in turn increases economic growth and opportunities. For today's youth, globalization enables easy global communication, allows small companies to compete internationally, and facilitates the exchange of cultures through increased travel.
Globalization refers to the global integration of economies and societies that affects many aspects of young people's lives. While globalization offers new opportunities through economic growth, technology, travel, and communication, many youth in developing countries have been left out and lack access to the benefits. Globalization can help reduce poverty by allowing lower-cost production and a variety of goods, which in turn increases economic growth and opportunities. For today's youth, globalization enables easy global communication, allows small companies to compete internationally, and facilitates the exchange of cultures through increased travel.
Globalization refers to the global integration of economies and societies that affects many aspects of young people's lives. While globalization offers new opportunities through economic growth, technology, travel, and communication, many youth in developing countries have been left out and lack access to the benefits. Globalization can help reduce poverty by allowing lower-cost production and a variety of goods, which in turn increases economic growth and opportunities. For today's youth, globalization enables easy global communication, allows small companies to compete internationally, and facilitates the exchange of cultures through increased travel.
1. According to the World Youth Report what is globalization? World Youth 2005 Source:https://www.un.org/development/desa/youth/globalization-wpay.html.
Globalization, roughly defined as the global integration of economies and
societies, affects many aspects of young peoples’ lives. Youth have an ambiguous relationship with the globalizing world, both economically and culturally. On the one hand, they are most flexible and perhaps best able to adapt to and make use of new opportunities offered. They are the best educated generation on new information technologies; they benefit from economic growth; many travel around the world for work, studies, exchange projects and vacation; and telephone and the Internet enable them to stay in touch with friends and relatives abroad. On the other hand, many youth, especially in developing countries, have been left out of the digitalization and modernization process and lack the economic power to benefit from the opportunities globalization offers. Four effects of globalization on the lives of young people are discussed below in more detail; the distribution of employment opportunities, migration, youth culture and consumerism, and global citizenship and activism.
2. Is globalization the answer to reduce poverty?
Yes, because somehow globalization allows companies to produce lower cost of products and it create larger variety of choices. Lowered cost product can help the people in both developing and already developed countries live better. It increases economic growth in which it will affect the poverty, provide new job for the people, spread technology and innovation.
3. Site at least 3 significances of globalization to your generation.
Today more people can communicate easily with their families, friends and others on the other side of the world because of the development of the internet and technological gadgets. Globalization has equalized the international playing field so that even small companies can compete to get their slice of the global buying pie. Travel and tourism allows for the globalization of many things, like the exchange of money, cultures, ideas and knowledge.