Globalization

FRE
ENT E
RY

FACTORS WHICH AFFECTS GLOBALIZATION? EXAMPLE, LANGUAGE

The factors that affect globalization are national

identities, religious identities, culture, and beliefs. For
instance, when it comes to national identities, North
Koreans are mainly restricted when it comes to
globalization because technology is part of
globalization, and we all know that North Koreans are
not exposed to technology because their president
told them to do so. Trading is also difficult because
there are selected imports and exports that can enter
and exit North Korea.

WHY DO PHILIPPINES IS RANKED IN THE 3RD

WORLD COUNTRY?

The Philippines is still a developing country or third-world country, even though we

have many natural resources. However, the reason we're still developing countries in the
world is because of different political and economic issues. Yes, we have a lot of
resources; however, we do not use them efficiently and effectively. Furthermore, we have
many issues in our country. One prominent issue is corruption. The rate of corruption in
our country is still high. We also have high rates of unemployment. Those who are
employed are less than compared to those who are not working, so how can we improve
our economy if people don’t have jobs? Lastly, we have crimes and poverty, which are
connected to the unemployment rate our country has.

WHAT IS THE IMPORTANCE OF GLOBALIZATION TO THE WORLD?

Globalization has numerous implications for the world. Primarily because of

globalization, people and nations have become interconnected economically, socially,
and culturally. Globalization encourages peaceful relations between nations, which is
very important, especially in international trading, which makes one nation’s economy
rich. Furthermore, globalization leads to the development of technology, which is crucial
in today’s society. We use technology when it comes to transportation, communication,
and day-to-day activities. Globalization is indeed important in our society because it
increases employment, tourism, and production, which is beneficial for our economy.