Lab+1+globalization

Video of Globalization

//1. Street Interviews asking people to define globalization.//

**In this part of the video the people that were asked, what is globalization? no have idea of what is globalization.**

// 2. A technical definition of globalization .//

**In this part of the video some people mention a technical definition of what is globalization.** **One of this definition is that globalization is an internation integration, of** **technology, business, etc.**

//3. Interviews on the effect of globalization on individuals.//

**In this part of the video, the people that was interviewed explain briefly what effects have the globalization in their life.One of this people mention that the globalization affects all the she uses.**

//4. Interviews on how globalization has affected small and local businesses.//

** In this part of the video some people thinks that the globalization affect their businesses but other people think that the globalization no affected yours businesses. For example one of this people that was interview think that amazon.com hurts his businesses and in my opinion this is true because the internet allows to people around of the world buy a product ** **without the need of moving from their homes.**

**Some Advantages of globalization**

Increased free trade between nations.

Increased the comunications between nations.

As the cultural barries reduce.

There is a propagation of democratic ideals.

As the liquidity of capital increases.

**Some Disadvantages of globalization**

Greater risk of diseases being transported unintentionally between nations.

International bodies like the World Trade Organization infringe on national and individual sovereignty.

Threat that control of world media by a handful of corporations will limit cultural expression.

Increased likelihood of economic disruptions in one nation effecting all nations.