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Old 4th January 2009, 07:20 PM
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Definition of Globalization

How do you define Globalization? or what do you understand by the world Globalization?

I understand it as the world getting smaller where constraints of space and time is reduced to a minimum. Which means I am able to communicate with someone in Asia as if he/she is living next door to me. Thus globalization is helped mostly by advancement of technology. That is what Globalization is in my opinion.

What do you think?
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Old 4th January 2009, 08:01 PM
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Judaism

Yes, that's pretty much how I use the term as well. Between communication, transportation, and trade, the world is a much "smaller" place than decades ago. With it, some good has come, but also some bad as well. No free rides I guess.

If further interested, you might consider reading Thomas Friedman's "The World Is Flat", which deals with this in some detail.
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Old 4th January 2009, 11:41 PM
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Metis--
Good recommendation. I liked that book. Another is Nonzero by Robert Wright. --Steve--
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Old 5th January 2009, 02:27 AM
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Judaism

Quote:
Originally Posted by bahai9
Metis--
Good recommendation. I liked that book. Another is Nonzero by Robert Wright. --Steve--

Thanks, but it's another book to add to my "must read" list! Will this ever end??
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