globalization and its impact

globalization is derived from the word "global", it means worldwide, without any limits. so i think the meaning of globalization is process of dependency between the individual with other individuals as well as the country with the other countries in the form of interaction with each other without knowing the limit though the limit state.

The presence of information technology and communications technology accelerates the process of globalization. Globalization actually touched the important aspects of life. Globalization has many interpretations from different point of view. Some people say globalization as a process of diminution of the world. Other say globalization is the unification efforts of the world community in terms of lifestyle, culture and orientation.

Is there an impact of globalization in economics? With the advent of globalization, create the positive impact and negative impact in the field of economics. As we know, globalization is running according to the sophistication of the technology so people can search for information about a model, fashion, clothes and etc in a country. With information like that, a lot of people in different countries many order so that there was a massive export. With exports, an awful lot of advantages for the country in the world.

           

            Positive impact not only will be described. As for the negative impact of globalization is global market competition is becoming difficult. If the product sector in the country was losing competitiveness with other countries. Certainly the country will only do import. If that happens, the country’s economy will not run properly.