What Are The Key Aspects Of Globalization

Globalisation is the international trade of ideas and customs throughout developing and developed countries. Globalisation can impact these countries positively or negatively depending on the interaction. Globalisation can also connect these countries via these spread ideas. An example of a positive impact caused by globalisation is the introducing of new defence and attack methods due to wars such as using ‘ghost guns’ to safely vacate a battle area. Most people might not realise that Colombia’s strengths are agriculture and trade. Colombia has strengths like exporting goods such as crude petroleum, coal, refined petroleum, gold and coffee. Colombia also imports resources such as refined petroleum, cars, computers, delivery trucks and
In the mid ‘70’s, drug trafficking had become a major problem that was recognisable from the other illegal activity that took place. In this same time period, a marijuana ‘boom’ occurred where Colombia became the largest provider of marijuana in the world. In the 1980’s, a war against drugs occurred that made the police corrupt and gave way to guerrilla warfare, which is an attack by a small group in a hostile environment. Another weakness of Colombia’s is biological weaknesses such as over harvesting, land erosion, and illegal logging. “Colombia has lost 2,224,000 acres of natural forest and some of that was due to soil erosion. The main reason they have lost so much forest though is because of deforestation (the removal of trees).” (http://soilcentralsouthamerica.blogspot.com.au/2010/10/soil-erosion-in-colombia.html) As Soil Issues in Central and South America says, one of the major problems in Colombia is soil erosion due to deforestation because of the increasing need of wood for resources such as fuel or supplies for work or school. Since Colombia is also a country largely based on its plants, the farmers place pesticide in the soil so when deforestation occurs, the rain can spread the pesticide. As well as spreading pesticide in the soil, the rain can leach out the nutrients found in the soil from the previous
As of 2015, the people of Colombia have had their minimum wage increased by 4.6% to total of $265 to $344 per month. However small this may seem, this total is three times the size of how it was in at the start of the millennium. This increase of minimum wage means that more people can live healthier lives knowing that they will have enough money to buy necessary commodities like fresh fruits, meat and non-perishables like bread. Numbeo.com predicts and recommends that the Colombian people spend roughly 305,685 pesos on western food products per month. Coincidentally, with the higher minimum wage, the citizens should be able to buy their food products easier. Another ‘economic asset’ for Colombia is amazingly one that is not legal, drug trafficking. Harvey F. Kline states on the Encyclopaedia Britannica, “The drug trade, while always a political problem, was at times an economic asset, making annual trade balances positive when they were negative for legal goods. Further, as drug dealers became wealthier, they spent money refining cocaine, organizing groups for protection, and constructing buildings (both residential and commercial), ironically benefiting more Colombians than the legitimate economy.” As this article quotes, even though it is illegal and unethical to trade drugs, it profits