If you look at the tag on your shirt, you would see that it was made in a country other than the one in which you sit right now. What's more, before it reached your wardrobe, this shirt could have very well been made with Chinese cotton sewed by Thai hands, shipped across the Pacific on a French freighter crewed by Spaniards to a Los Angeles harbor. This international exchange is just one example of globalization, a process that has everything to do with geography.
History of Globalisation
рace - темп, ритм
Improved Technology in Transportation and Telecommunications:
Some years ago, people across the globe did not have the ability to communicate and could not interact without difficulty. Nowadays, a phone, instant message, fax, or video conference call can easily be used to connect people.
Movement of People and Capital:
A general increase in awareness, opportunity, and transportation technology has allowed for people to move about the world in search of a new home, a new job, or to flee a place of danger. Most migration takes place within or between developing countries, possibly because lower standards of living and lower wages push individuals to places with a greater chance for economic success.
Additionally, capital (money) is being moved globally with the ease of electronic transference and a rise in perceived investment opportunities. Developing countries are a popular place for investors to place their capital because of the enormous room for growth.
awareness – осведомленность ;
to flee - спасаться бегством
Let's look at the positives and negatives of globalisation, and you can decide for yourself whether or not it is the best thing for our world.
Positive Aspects of Globalisation:
Globalisation lets countries do what they can do best. If, for example, you buy cheap steel from another country you don’t have to make your own steel. You can focus on computers or other things.
Globalisation gives you a larger market. You can sell more goods and make more money. You can create more jobs.
Consumers also profit from globalisation. Products become cheaper and you can get new goods more quickly.
Negative Aspects of Globalisation:
We need a different kind of globalisation in our world today
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