History, asked by parvindkumar912, 1 year ago

Explain how food habits are good indicator of globalization ?

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Answered by ankitrishab
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Globalization is the process there is international spread and connectedness in communication, production and technologies across the nations. It is the international integration which arises from interchange of word products, views, ideas and other aspects of culture. Advances in telecommunications infrastructure and transportation, including the growth in the internet are some of the major factors which contribute much to globalization.

Globalization is an international scale of growth, a continuing process where cultures, economies and societies are integrated. Globalization has both positive and negative effects on the world. Large scale companies trade their products and services all over the world. People have been able to benefit from instant internet connections (Pietro, Giorgio, Alberto, 2008). This has facilitated easier and faster communication across the world. In addition, increased media coverage has led to improvement in human right issues.

2.0 Effects of Globalization on trade

Globalization has led to the formation of trade treaties among nations. World trade organization was formed in order to facilitate trade between countries. Also, it was formed to facilitate trade thus removal of barriers to trade.

There has been also African growth and opportunities act which has been signed between United States and African countries. The agreement was signed to offer incentives to African counties to open their markets and economies. Also, African countries can access United States markets especially in exportation of textiles. It offers trade opportunities to many sub Saharan countries.

Globalization is cited as one of the factors which have contributed to foreign direct investment in many countries. Through foreign direct investment multinational companies have been able to expand their businesses globally (Bruce, 2011).

Moreover, globalization has helped in opening of new market opportunities across borders. There has been faster movement of good and services across borders facilitating exportation and importation of goods and services.

All over the growth fast food industries has been growing. This can be evidenced in appendix 2 which shows the growth in fast food industry in Russia

However, globalization has led to increase of human trafficking and child labor. Some companies have exploited under age children by offering them employment with cheap wages.

Globalization has been cited as one of the main contributors of increase in poverty and inequalities, in many countries. The poor countries grow richer, while the less developed countries became poorer (Milanovic, 2002).

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