factors of globalization
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economic, financial, political, technological and social factors have paved the way to globalization. Economic factors mainly include lower trade..
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The move from telephonic communication to cable and satellite digital communication have resulted in increasing information flows
Time-space compression – people in faraway places feel closer together as they can communicate instantaneously.
Individuals and families are more directly plugged into news from the outside world – some of the most gripping events of the past decade have unfolded in real time in front of a global audience.
Some individuals identify being more ‘cosmopolitanism’ as a result and increasingly identify with a global audience; others perceive increasing globalisation as a threat to their ways of life and retreat into Fundamentalism and/ or Nationalism as a defensive response...
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