What is Globalization?

Everyone has heard of ‘globalization,’ but what does it mean?  

Globalization is a complex term, because it applies to a wide spectrum of topics. Broadly, globalization refers to the sharing or movement of resources among countries. Resources can be information, goods, capital, people, technology, or even culture. In academia, it refers to three areas: political, economic, and cultural.

The history

Globalization has a long history, and as a result a long impact on humanity.  Consider inventions like the steam engine, the jet engine, the telegraph, the telephone, the internet, etc. Certainly, these milestones impacted world history – not just the country of each origin.  Most historians agree that the pace of globalization has greatly accelerated in the 20th century, especially thanks to innovations like the jet engine and the internet.

One tie-in to languages was authored by the globalization expert John Yunker.  In his book “Think Outside the Country”, he cleverly condensed the world’s 7+ billion population into 100 (think percentages) and showed how the breakdown would look on a simple pie chart

Yunker’s view

Mr. Yunker discusses how entities aiming for “global reach” can approach their growth strategies.  As example, he ties this to the 10 global world languages found on websites around the world.  The 10 languages are:

  • English
  • Spanish
  • Chinese
  • Portuguese
  • French
  • German
  • Russian
  • Italian
  • Japanese
  • Korean  

To sum up, if you’re interested in globalization, we recommend Wikipedia (see wiki). Likewise, the page contains great information, as well as over 200 references section.

Reference(s):

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