Essay on Impact of Globalisation

ESSAY
Immigration

Table of Contents
INTRODUCTION......................................................................................................................3
CONCLUSION..........................................................................................................................7
REFERENCES...........................................................................................................................9

INTRODUCTION
Globalization: It is a process of group action that has social and culture characteristic.
Globalization helps to increasing in interaction of people, states and countries through the
growth of international flow of money, ideas and culture. Various factors such as goods and
services, technologies, economic resource of country and data are involves in the
globalization. In the business market it plays a huge role, the foreign investment made by
foreign they expand their market in different countries which helps them to improve their
business and productivity(Hirst, Thompson and et.al.,2015). Through this process goods and
services which are found in the united kingdom are easily available in the US. Now days all
people are able to access the card of any bank, it is creating greater opportunities for the
international entrepreneurial. Globalisation grew in the 1820's on very large scale and then
after the use of technology. In the united states the direct foreign investment is approximately
$174.4 billion in 2012. International trade is the exchange of capital, goods and services
across international borders. It plays a main role in the Immigrations whereas immigrants are
those people who move from one country to another for living intention. Through the
globalisation people of any country are able to move from one country to another, it provides
facilities and comforts to the person.
History of globalization is divided into three periods globalization 1.0, 2.0 and 3.0.
1. Globalization 1.0(1492-1800): it involves the globalization of countries
2. Globalization 2.0(1800-2000): it involves the globalization of companies
3. Globalization 3.0(2000-present): it involves the globalization of individual
It is process through which business and an organisation develop international power.
It is defined as process in which different companies from different countries' comes together
with different products and services at a common international platform(Beck,2015). It
impacts countries differently depending on their economic stage. There are different types of
economies which are as following
 Developing countries: in these nations people have lower life expectancy, less
education and less income. They are in the stage of developing example of this type
nation are countries in Africa(Fujita and Thisse,2013).
 Developed countries: in these type of country people generally have high incomes.