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Globalization | Explanation

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Added on  2019-12-28

Globalization | Explanation

   Added on 2019-12-28

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Globalization | Explanation_1
Table of ContentsESSAY: Ways through which British young people both acquire and form a sense of place andsocialidentity in the context of the globalized city...................................................................................1REFERENCES................................................................................................................................7
Globalization | Explanation_2
ESSAY: Ways through which British young people both acquire and form asense of place and socialIdentity in the context of the globalized cityGlobalization may be defined as a process of integration and interaction among thepeople, government and companies who belongs from different nations. It arises when differentnations interchange their views, ideas, cultures, products or services. Advancement which arousein recent years in transportation such as jet engine, container ship as well as intelecommunications in terms of internet and mobile phones are the results of globalization. Thus,in the recent time world's economies and culture grew more rapidly due to the globalization(Hirst, Thompson and Bromley, 2015). In the present scenario, there is high level of tendency totrade and transact the goods or services around the globe. Due to this, connectivity between thedifferent markets is also increasing more quickly. Usually there are mainly four aspects of globalization which have high level of influenceupon the world's economy. It includes trade and transactions, capital and investment movements,migration and movement of people as well as dissemination of information. On the basis of allthese aspects globalization closely affect activities and functions of business organization. Inaddition to this, globalization also has high level of influence upon the economics, sociologycultural resources and the natural environment (Pieterse, 2015). Thus, globalization had not onlyincreased international trade or investment but also it increased the exchange of differentcultures. In UK, globalization having high level of influence upon social, economic and culturalchanges. Migration of people is the most important aspect due to which social changes place inBritish environment. In the present era, globalization has high level of impact upon the youngpeople (Hay and Marsh, 2016). Moreover, people of different nations are connected with eachother through internet as well as by the means of social networking sites. In addition to this, young people also experience globalization on a daily basis byapproaching or getting employment opportunities from different countries. Besides this,globalization also has influence upon the life styles of people because different person carriesdifferent pattern to live life. People who live in UK societies have differences in race, religion,culture and identities as compared to other nations (Ritzer and Dean, 2015). Thus, globalizationimposes challenges in front of British people because people who live in different countries have1
Globalization | Explanation_3

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