Module - 5 Trends
Module - 5 Trends
• It can be linked to the local, the national and the regional. On the one hand, a
connection is made between social and economic relationships and networks,
organized on a local or national, on the other hand, it connects social and
economic relationships and networks formed on wider scale the regional and
global interactions. It is a process of interaction and integration among the
people, companies, and governments of different nations. A process driven by
international trade and investment and aided by information technology. This
process has effects on the environment, on culture, on political systems, on
economic development and prosperity, and on human physical well-being on
societies around the world. For many developing nations, globalization has led to
an improvement in standard of living through improved roads and
transportation, improved health care, and improved education due to the global
expansion of corporations. However, globalization has had a negative effect on
individuals who live in developed nations. Some of the factors that cause
globalization are migration and labor.
Migration