Market Integration_Miranda.docx - The Contemporary World...

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The Contemporary World Market Integration Jasper Paul F. Miranda Polaris-2A Discuss how globalization affects governments and nations. Give specific examples to support your argument. Globalization is a widely discussed topic. Therefore, it is not all that easy to explain, as it's such a complicated term in simple words. Let's start from the beginning with a background of globalization. Advances in technology, such as mobile phones, airplanes, telephones, and the internet, have made transportation and communication networks possible. Among other things, this means that people and countries can exchange information and goods more quickly and in a less complicated way. This process is called globalization. Globalization helps developing countries deal with the rest of the world, increase their economic growth, solving their poverty problems. Globalization has now cleared the way for worldwide development. However, progress is not equal. Some nations are getting integrated into the global

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