Globalisation
Industrial: emergence of worldwide production markets and broader access to a range of foreign products for consumers and companies. Like Duracell and Mr. Muscle.
Financial: emergence of worldwide financial markets and better access to external financing for borrowers. By the early part of the 21st century more than $1.5 trillion in national currencies were traded daily to support the expanded levels of trade and investment.
Economic: realization of a global common market, based on the freedom of exchange of goods and capital. This may cause jobs to be moved to locations that have the lowest wages, least worker protection and lowest health benefits.
Health Policy: On the global scale, health becomes a commodity. In developing nations under the demands of Structural Adjustment Programs, health systems are fragmented and privatized. Examples like private doctors and surgeons. Or health shops like Boots, body shop and much more. Global health policy makers have shifted during the 1990s from United Nations players to financial institutions. The result of this power transition is an increase in privatization in the health sector.
Political: some use "globalization" to mean the creation of a world government which regulates the relationships among governments and guarantees the rights arising from social and economic globalization.
Culture: "Culture" is defined as patterns of human activity and the symbols that give these activities significance. Culture is what people eat, how they dress, the beliefs they hold, and the activities they practice. Globalization has joined different cultures and made it into something different.
Take food for example like McDonalds, burger king, KFC. They are all American fast food companies which are slowly taking over each country with hundreds, maybe thousands of these restraints in each country.
Globalization has generated significant international opposition over concerns that it has increased inequality and environmental degradation.[48] In the Midwestern United States, globalization has eaten away at its competitive edge in industry and agriculture, lowering the quality of life.[49]
Some also view the effect of globalization on culture as a rising concern. Along with globalization of economies and trade, culture is being imported and exported as well. The concern is that the stronger, bigger countries such as the United States may overrun the other, smaller countries' cultures, leading to those customs and values fading away. This process is also sometimes referred to as Americanization or McDonaldization.
Sweatshops: In many poorer nations globalization is the result of foreign businesses utilizing workers in a country to take advantage of the lower wage rates. One example used by anti-globalization protestors is the use of sweatshops by manufacturers. According to Global Exchange these "Sweat Shops" are widely used by sports shoe manufacturers and mentions one company in particular – Nike. There are factories set up in the poor countries where employees agree to work for low wages.
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