Gezilah Shaine O.

De Los Santos BSCE 2A

MY PERSPECTIVE ON GLOBALIZATION

Globalization propagates innovative thoughts, intellectual capital, information

sharing, commodities, and service delivery. It is finding a commonality and just letting
ourselves and others to progress and grow while maintaining interdependent
relationships with others. Boosted by this development, countries become more globally
connected, integrated, and dependent on each other. Expanded connectivity among
regions allows the development of shared ideologies and interdependence on a larger
scale.

At the heart of globalization lies the integration of national economies into a unified
global market. Encompassing the exchange of goods and services, foreign direct
investment, and international financial market interconnectivity, this integration occurs.
The expansion of global trade has birthed corporations with international reach.
Expanding markets globally through the free movement of products and services,
globalization ushers in greater prosperity for multiple countries. Market expansion has
significantly contributed to rising GDP levels and improved living conditions among
emerging economies.

Economic ties aren't the only thing; globalization integrates cultures and societies
too. Spanning countries, cultural ideals get disseminated through globalization. Cultural
interaction results in intercontinental passage of varied disciplines including art, music,
literature and others creating homogenous amalgamations popular around all regions.
Migrations cultural insights deepen communities, fostering global understanding. It notes
that grasping globalization demands an investigation into its cultural implications. With
great importance attached to identity formation, any investigation into globalization should
consider how it affects culture.

Improvements in telecommunication platforms—encompassing the internet and

smartphones among others - have majorly driven globalization. Thanks to cutting-edge
technology, people now enjoy unrestricted communication across borders and
instantaneous exchange of ideas together with the ability to access manifold digital
contents and services. The internet has transformed communication by allowing
individuals all over the world to connect immediately and obtain information from a variety
of sources. Technology has transformed sectors, spawning new business models and
propelling innovation. E-commerce, for example, has completely changed the retail
industry.

Political and social connections have also been altered by globalization. There are
organization like United Nations, World Trade Organization, and World Health
Organization that was formed in order to address global concerns and promote
international collaboration. Social movements and activism have also grown more global,
with individuals working across boundaries to solve common challenges. It also spurred
arguments over the nation-state's role. Some political movements urge for a return to
nationalism, focusing on national sovereignty and protectionist policies, while others push
for globalism and international collaboration.

Globalization has increased countries' interdependence. Economic links, trade

pacts around the world, and global supply networks imply that the economic growth of
one nation can be strongly linked to that of others. As a result, there is more emphasis on
diplomacy and collaboration to overcome common concerns.

Globalization is a complicated and continuous process that has transformed the

globe in a variety of ways, from how we perform business and interact to how we engage
culture and participate in global politics. While it has accelerated economic growth,
cultural interaction, and technical progress, it has also worsened income inequality,
cultural homogeneity, and technological inequities. International collaboration and good
governance are required to reap the benefits of globalization while tackling its problems.
In an increasingly linked world, the globe must try to achieve a balance that promotes
growth while protecting the well-being and values of individuals and communities.