Future of Globalization From Economic & Political Perspectives

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The concept of globalization has positively contributed to expanding trading activities, border movements, and technology. Therefore, growth has enhanced continuous interaction among companies, businesses, people, and governments (Dillon, 2020). Thus, the result is robust international and economic growth that is beneficial to most of the population in different parts of the globe. This means that there is speedy delivery of goods and services, quality products that are cheap.

The impacts of proliferation show its benefits which have a positive influence on economic expansion. The advantages outweigh the disadvantages hence depicting a promising future in terms of extension. The first perspective on globalization is economic growth, which requires capitalists to invest more to satisfy the expanding population. Therefore, the sole aim is to deliver quality, reliability, availability of goods on time, and ensure consumers access imports even which are not being manufactured within their locality.

The economic perspective has led to the emergence of global towns and cities which function as a society. The performance is supported by advancements in technology that ensure speed, efficiency, and reliability in the towns, promoting trade. The second perspective is the political growth, which has led to denationalized states which can quickly adapt to the impacts of maturation. The political philosophy has also enabled swift control of the Internet, mergers, and security standards, allowing for the global world’s transition.

Globalization, therefore, has its impacts and depends on how it is embraced. With some of its results, proliferation has an excellent chance to secure a better future since it has contributed to increased trade activities in different parts of the world. In conclusion, the developments have made various destinations easily accessible and trading activities easier to establish. Growth makes the future promising and easy to be in since the society is connected as one; hence more interaction and various ideas for change.

References

Dillon, M. (2020). Introduction to sociological theory: Theorists, concepts, and their applicability to the twenty-first century (3rd ed.). John Wiley & Sons.

Smith, R. (2019). . SSRN Electronic Journal. Web.

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