Globalization

Definition

Process of interaction and integration among people, companies, and governments of different nations, process driven by international trade and investment and aided by information technology.

Four Categories of Globalization

Economy

Economy is about money and how different items travel around the world while being fabricated. In each country it could be a different cost to do something than in another country. In specifics to my item, The North Face jacket, it is really expensive so that would effect people buying it. Some people might not want to spend that much money on a jacket so they buy cheaper ones instead.

Culture

Different cultures have different articles of clothing. The North Face jacket was made in Honduras. Not everyone everywhere is going to buy and wear a North Face jacket. In some parts of the country its hotter than in other parts and they don't need jackets. In New England a lot of people buy them because its cold in the winter and it keeps you warm and they don't rip easily.

Environment

The North Face jacket is made in a factory and because of the fumes and smoke coming out of the smoke stack or vent causes pollution to the environment. To fix this problem there could be a filter to filter out all of the good stuff into the area and keep in all the bad bad stuff.

Technology

Transfer

I use my phone every day for stuff that is important, such as, school work. At school, I having access to computers. I am able to access information because of the internet.



Globalization is useful for information that can help you in your life but it is negative because in the generation that we live in right now phones are kind of "addicting" to have. Most people, if they don't have their phone in their hand they freak out and have like "withdrawals."