Globalization Summative
Globalization Summative
3. In what sense has the internet revolution flattened the world according to
Friedman? Explain.
Friedman’s book, ‘The World is Flat’, he points out the reason why internet
revolution flattened the world. As the technology became more accessible and
cheaper, it makes every country a global neighbors which Friedman calls
‘Globalization 3.0’. As it is says, globalization is a process of the result of human
innovation and technological progress. Due to the advancement of technology,
the world flattened out. In the synchronous session, the professor has introduce
the globalization 1.0 and 2.0 wherein it is marked by countries and companies
globalizing respectively. Because of dynamism, it’s now software leading the
change, not the horsepower or hardware.
4. In what way has the Fall of the Berlin Wall contributed to the
intensification of economic globalization according to Friedman?
Friedman writes about the 10 Flatteners. The Fall of the Berlin Wall is
included here. It is said that this fall of Berlin Wall played an important role
especially in the economic freedom of the new world. First, because if the Berlin
Wall had remain standing, many emerging market giants would likely not remove
their economic borders. Second is because since the fall of the Berlin Wall,
globalization “has become the governing principle of commerce” (“The Berlin
Wall”, 2009). Thus, the Fall of the Berlin Wall contributed to the economic
globalization in a way that it turns the world from centrally planned economies to
democratic oriented government.