Question:

Factors leading to globalisation in the 21st century

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Its for my sons economics project/he is in the 10th grade

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  1. Pl search in 'Google' if necessary for study purpose.  But I believe that in fact its not globalisation that we are experiencing inspite of  modernisation.  If we see relationship between counries of between people, neighbours, society, it is leading to compartmentalisation.


  2. 2 factors:

    1) Free movement of jobs instead of men or women seeking them. It leads to increased marketability of products, importantly primary products and harnessing the most efficient means of production.

    2) Free movement of capital in hitherto unforseen scale that unleash forces to shake the geography-limited national economies with gale force and make currencies redundent.

  3. Americam consumerism and the down side is that religion will stop it

  4. Unions / Competition / Cooperation


  5. The fact that homosepians are social beings will make globalization possible.The hurdules that were not allowing this to happen are easing out through:

    English is becoming a universal language .

    Technology has brought humans near to oneanother through better hard & soft communication

    Thus imbalances between different parts of the world can now be easily balanced(necessity is the mother of invention)

    Laeding to globalisation

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