Now what really is Globalization? In this modern era, the term “Globalization” is used, accepted, and treated widely in most parts of the world. It is a worldwide movement toward economic, financial, trade, and communications integrations. Globalization has affected many nations in various ways, economically, politically, environmentally, and socially.
One country that has been affected by globalization is Australia. When you think australia you think the home of the kangaroos, but really it's not that different from America. Globalization is not new to Australia from this day. It all started since European settlement over 200 years ago, Australia has always been connected globally in terms of trade. Up until WW2, britain influenced social
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Talking about developments Australia is the home to many multinational businesses. These companies managed to achieve success both domestically and globally because they are able to develop great products and marketing campaigns that are appealing to consumers around the world. Businesses of all sizes can learn valuable lessons from them. Here are a few successful Australia Multinational businesses, which are Telstra, Wesfarmers, QBE insurance, Amcor, and Commonwealth bank. Out of all these companies the one that stood out the most to me was Telstra, because Telstra is presently the largest Australian telecommunications and media company, offering a full range of communications and services and competing in all telecommunications markets. They believe that the more connected people are, the more opportunities they have. That's why they help create a brilliant connected future for everyone, everyday. After visiting there website and hearing what they have to say now I can definitely conclude why they do so well, they are very persuasive with words. That's probably why in 2013, the company generated $25.5 billion in
Although Australia remains geographically isolated from the world, international trade still remains a main factor that allows Australia’s economy to prosper. Australia’s long history of trade has created tight links and connections with other nations. Being a member of many worldwide organisations, Australia has produced many free trade agreements with countries around the world. However, recently Australia has seen a change in the composition and direction of its trade and has developed a strong trade link with the Asia-Pacific Region.
Without the low cost foreign company in the nation, domestic producers can change the price of the goods and services which means the consumers have to pay more in order to fullfill their needs and wants. (http://www.wisegeek.com/what-is-protectionism.htm) Globalisation have changed Australia's trade patterns since 1960s. Australia decline in the importance of rural exports, increasing in the importance of mining, services and manufacturing. For example,wool has fallen from 60% to 2.3% of exports in 2003 and 2004 due to the rising quantities of others export. Also, the amount of services exported by Australia has significantly rising such as personal travel services, education related, passenger transportation services, business, professional and technical services.
The phrase of globalisation is becoming very popular around the world, and it gives free movement to communicate with people regarding cultural, economic, social, technological, political, educational and businesses. In the modern society globalisation has impacted on many human lives, which started in the western countries in (1492), according to Kevin H. O'Rourke, Jeffrey G. Williamson, and then it expanded all over the world. The word of globalisation can describe many different aspects such as globalisation of nothing, the making of the global society and the globalisation of wealthy and poor. According to Robert Shuey in (2001), ‘’globalisation is widely and somewhat loosely used a term, intended to describe the recent and rapid process of international, economic, social, and political integration’’. The idea of his words that globalisation is giving an opportunity to people, so they can travel, invest internationally, and communicate this can help many businesses people especially in Australia to invest more widely and internationally. Globalisation has impacted on Australian society in all terms of life, for instance, it has an enormous impact on health and education system, on technology, and on the Australian economy. But one of the categories is increasing so widely among Australian people who affect many young people’s lives is the impact of racism on the health and wellbeing of young Australians. The word racism is the very phenomenon aspect in the Australian society, especially between young people. On the very high percentage of many young Australians are experiencing racism between the nation, most of these racists are because of skin colour, cultural beliefs, different traditions from different countries, speaking another language and gender. Racism plays a significant role in the society, and many people are aware of this because when they face radical discrimination from any individual, they feel angry and frustrated, and sometimes they feel of not belonging to the local community.
The modernization of Australia was accelerated by the gold rush and has kept Australia up to date and has advanced us into our modern world. One thing that has pushed Australia further in our discoveries is the economic growth that began from the gold rush. Economic growth has made many people living in Australia create large companies and businesses that have thrived and become global. Globalisation can be both positive and negative as it can have a negative effect on the environment (from the large manufacturers) but has made modernization of Australia possible. It has also created an expansion that has made Australia contribute to the importing and exporting of the world. Back in the 1850’s, this was also beginning with the gold rush and
Australia’s trading links with other countries, specifically the Asia-Pacific region, has led to its advancing development in the modern world. Australia has always had strong trading links with the world and relies heavily on imports and exports. Australia Imports products such as petroleum and cars from other countries primarily China, The United States and Japan.
Year 8 Geography Assessment Task: Global Change Some of the impacts of Globalisation in Australian culture are; Fast food establishments, service Stations, and retail chains (shops, entertainment ect.) deliberately create a visual appearance that varies among locations as little as possible. Customers all over the world the will know what to except at these places. The communications revolution that promotes globalisation also permits preservation of cultural diversity Example: TVs now have hundreds of programs in many different languages.
Many Australian businesses are now outsourcing, or shifting their production or services offshore where there is cheap
Globalisation is not new. Australia has been involved in trade, investment, financial flows, technology transfers and the migration of labour since its foundation as a colony. What has changed is the size, direction and influence of these transfers, especially since 1980. There are a number of factors that have aided this transformation. They include:
The ChFTA provides an excellent example of globalization and the effects on overpopulation. Under the new agreement more working holiday and temporary worker visas (with the right for family to accompany them) will be granted. The agreement also lifts tariffs on many exports to china, making Australian agriculture products more attractive for the large Chinese market. Driven by a rise in Chinese middle class, Australia already supplies 40% of China's beef. To illustrate, New Zealand’s seafood exports grew six fold (to 454 million) since signing a free trade agreement with china (Australian Government, 2015).
There are a multitude of observations that can be made when analyzing the life of youth today, then of our parents in the 1960-70’s era. Economic and social transformations that have a direct impact on youth and how it is experienced today, particularly in the workplace can be evaluated through the sociological concepts of Globalisation and Social Change and are noticeably intertwined. We see in Australia that Globalisation has been a driver in exacerbating inequality in our society from that of the youth under the age of 21 in the 1960-70’s era to now. Through the increase in worldly connectedness we are met with diversity, both in people and the sharing of information via technology which has stimulated Social Change. Norris (2000) highlights
Globalization Globalization became very important at the end of the Cold War, but it has deep roots in history. Globalization is the process in which people, ideas, and goods spread throughout the world. It is taking place in many countries and in many different ways, around the world. Globalization is happening in France, Germany, and Australia. One of the countries globalization is taking place in is France.
Globalization refers to the interconnection among countries, politically, economically and culturally. Globalization has come into existence due to the following factors: (i) betterment in transportation and communication, (ii) human and capital mobility, (iii) increasing formation and existence of NGOs and multinational corporations.
Globalization can best be defined as the shrinking of our world. As technology advances the gaps between Countries is closed, and our society as a whole becomes more integrated. Globalization is something that has been occurring for thousands of years, with one early example of Globalization being the use of the Silk Road, which connected China and Europe during the Middle Ages. Globalization can offer businesses many was to increase business, while at the same time threatening them (Globalization101.org, 2014).
Globalisation can be defined by the worldwide integration and development between countries. The features of globalisation are; Free trade, capital investment, movement of people and technology. The key indicators of globalisation are international trade and capital flows, increase in investment and the transfer of technology. Globalisation is concept of creating efficiency and ideal better the lives of people. In theory Globalisation will benefit
Frequently, people are unclear of exactly what Globalization means. Globalization is the tendency of the world's economies to act as a single interdependent economy. It can be described as the increased movement of people, knowledge, ideas, goods and money across national borders to make the world more unified in a sense. Globalization is often thought of in economic terms but as we know there are other components with this idea like, economics, and cultures. There is a huge debate of whether or not globalization is positive or negative.