Globalization And Its Impact On Education Essay

Globalization And Its Impact On Education Essay-45
With the end of cold war in 1989 resulting in the collapse of the Soviet Union, it ignited an international debate over the new world order system (Gilpin R. In the latter half of the twentieth century, the participants of the cold war and their allies provided the conceptual framework around which economy of the world evolved.

With the end of cold war in 1989 resulting in the collapse of the Soviet Union, it ignited an international debate over the new world order system (Gilpin R. In the latter half of the twentieth century, the participants of the cold war and their allies provided the conceptual framework around which economy of the world evolved.

With all these transformations, yet we have entered into the second great era of global capitalism (Gilpin R. The history of globalization dates back to the second half of the twentieth century, where due to development in communication technology have created a scenario where it is too limiting for the economic activity to appear on national borders.

With the end of cold war, the unwanted collapse of the Soviet Union and the reunification of the Germany, where Germany again evolved as a dominant power in the European Union are affecting every aspect of international affairs.

SAMPLE ANSWER The world has become a global village and the word globalization a common term of the 21st century.

Globalization means that the world has become integrated economically, socially, politically and culturally through the advances of technology, transportation and communication.

Thus, globalization has extended a helping hand to the developing countries in order to provide sufficient means of economic growth and compete with other developed nations in the global economic market.

Globalization And Its Impact On Education Essay

Furthermore, this has lowered down the prevalence of poverty in developing nations.

With globalization, the companies in the European or American countries, tend to outsource cheaper work force from Asian countries, leading to high rates of unemployment in these countries.

On the other side, the Asian people tend to work for such multi national companies because of the higher salaries as compared to the home companies. Overall, globalization has surely opened up doors for many providing better jobs and improved economic standards,however the loops are inevitable.

It is a process which relates to the integration of the inter-related national economies.

Globalization is all about shrinkage of distances, where they are getting shorter, people are getting nearer and things are moving closer to each other (Gilpin R. Globalization is a complex and a controversial issue which has remained a subject of controversy and one of the pressing questions which has brought benefits to our world and also disadvantages.

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