Globalization and Its Impact on the World
Classified in Geography
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Dividing the World
Globalization has extended the culture and way of life of the USA and some European countries to the rest of the world.
The world today can be divided into two main parts:
- Central areas
- Peripheral areas
Global cities (New York, London, Tokyo, Paris, Frankfurt) are the main decision-making centers for multinational companies, large banks, and important international organizations.
Support for Globalization
Arguments in favor of globalization:
- Globalization promotes the exchange of goods, services, capital, and people.
- This process benefits all countries and individuals.
- Globalization can bring people, countries, and cultures closer together.
- Globalization leads to greater cooperation.
- The transmission of data enriches the lives of individuals.