Globalization Essay Example | Topics and Well Written Essays - 750 words - 8

Globalization - Essay Example This essay is a critique of the major driver towards globalization. It offers an explanation of how information and communication technology has contributed greatly to globalization above all the other factors, and how the contemporary society is so much focused towards moving beyond personal and national boundaries to create a link between them and other communities internationally. It mainly focuses on the technological, economic and political drivers towards globalization. The major economic factor that has contributed to globalization is technological advancement. Development in information and communication technology has to a great extent contributed to the integration of communities sharing of information as well as business world wide. For example, the use of internet enables people from all over the world to conduct business and share ideas without meeting. Social interactions through the internet have further contributed to globalization since people can share information cheaply and debate over issues regarding trade (Nye 2002). Dealing through information technology systems is one of the economic segments that have responded positively to advancement in trade. Innovation in communication technology has facilitated economic advancement especially due to the enhancement of the capability of companies to employ labor force from beyond political boundaries. It has led to division of labor globally through the establishment of multinational compan ies (Giddens 2006). They can advertise employment opportunities through the internet, and they can be able to reach people all over the world. Business is also leading people to move global in order to utilize the opportunities in the global market to sell their products. Many of the less developed nations have realized that technological advancement can not be separated from