Question

Is globalization simply another name for processes such as imperialism, colonialism, development, Westernization, and Easternization? Examine the similarities and differences among these processes.

Answer 1

Generally globalisation is simply the process of which the world is becoming increasingly interconnected and this is as a result of continued contact between the business across borders and the different cultures and the world makes contact with. With the globalisation, one is assured of increased market penetration and increased sales and production of one's goods beyond the traditional geographic location. With all these interactions, organisations are in a position to amass a lot of wealth and influence with which can used to define domination and spread their influences across the world. These domination can also lead to the processes such as imperialism, colonialism, development, westernization and also Easternization.