Globalization

Globalization

1. Important Aspects:

   • Internationalization of markets: Goods and services travel with great ease to any part of the world, and productive, commercial and financial capital circulates freely.
   • Implementation of a global culture: Communities that were never in contact are linked to each other and this directs them towards a new model of culture less rooted in the local, which leads to the adoption of similar customs, values and artistic expressions throughout the world.
   • Dependence on new ICT: Internet and telecommunications are crucial for the global model, since they allow operations to be carried out in record time throughout the world.
   • Overcoming geographical barriers: The end of barriers and the construction of a global society is the final destination of the globalization process, which is why its processes do not pay much attention to national borders or nationalities.