Salma Abdel SamieMr. Christopher TrammelHistory 9A5 May 2014GlobalizationGlobalization—the acceleration and strengthening of global interactions between people, companies, and governments—has had an enormous impact on the world, both culturally and economically. It is generating a frenetic world, increasingly linked and also praising individualism. It has been a huge topic of discussion among scientists, politicians, government bureaucrats, and the normal, average human population. Globalization has promoted the independence of nations and people, relying on organizations such as the World Bank and also regional organizations such as the BRICs that encourage “a world free from poverty” (World Bank). Although critics may argue that globalization is an overall positive trend, globalization has had a rather negative cultural and economic effect, such as gigantic wealth gaps and the spread of American culture, “Americanization”; globalization had good intentions but bad results. The structure of the global economy is evidently a dependent structure, depending on several aspects of government to fuel its economy and keep it running reliably. The cycle continues between government, businesses, product markets, resource markets, and finally households. Looking at the government, they provide public goods and services to businesses and households and welcome taxes from both sides. Otherwise, they make payments to resource markets, receiving resources in exchange, and provide prices to product markets by receiving goods and services in exchange. Moving on to businesses, they offer wages, interest, rents and profits to resource markets, benefiting in exchange for the production of their resources and goods and services to produce... half the paper... ney, natural resources and causing more problems that by providing solutions, but globalization has not only reached the world with an economic approach but also a cultural one. What is culture? Culture is identity; it is the indigenous and non-indigenous ideology, customs, appearances and beliefs that people are brought up with or adapt to from different surrounding nations. It is a network of knowledge shared by a group of people. Culture consists of configurations, explicit and implicit, of and for behavior achieved and disseminated by symbols that establish the distinctive outcomes of human groups, including their embodiments in artifacts; the vital core of culture is made up of traditional ideas and above all the values connected to them. Cultural systems can be considered, on the one hand, as products of action, and on the other, as conditioning influences on subsequent action.
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