2 _Aim {text:bookmark-end} It will be argued that the world is getting flatter and this is not necessarily a good thing for many reasons. Information technology (ICT) has resulted in economic and social integration but precaution must be taken to prevent future problems that has already arose from it not being used correctly. The history of the ‘’flattening’’ of the world‚ the impact that it has made in the years‚ the challenges the world will face and main disadvantages of it will prove that it
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What is globalization? Globalization is defined as the changes in the world; interchanging of resources‚ ideas‚ products‚ markets‚ cultural exchange‚ aspects of cultures‚ investments‚ and business competition. As the world is continuing to grow‚ it’s going to continue to improve its’ technology as everyone continue to interchange with each other. What is globalization 1.0‚ 2.0‚ and 3.0? Globalization 1.0 was established in 1492‚ when Christopher Columbus sailed across the Atlantic Ocean to discover
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Assignment 1: The World is Flat 3.0 (10 points) Listen to Tom Friedman’s MIT talk titled “The World is Flat 3.0” and answer the following questions. Your answers must be short‚ succinct‚ and structured‚ and not of the rambling type. The suggested total length of your answers is 1-2 pages. 1. According to Friedman‚ what are the differences between Globalization 1.0‚ 2.0‚ and 3.0? What was the key driver for each phase of globalization? (3 points) Globalization 1.0 was built around countries having
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Dissecting “The World Is Flat”‚ Thomas L. Friedman “I was in Bangalore‚ India‚ the Silicon Valley of India‚ when I realized that the world was flat.” – Thomas L. Friedman‚ “The World Is Flat” After reading “The World Is Flat” by Thomas L. Friedman‚ I understood the significance of globalization during the twenty-first century. I learned the progression of globalization and the significant changes it has had on the economy and world as a whole. Friedman establishes his text based on the many
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In Part I‚ “How the World Became Flat‚” Friedman visits India‚ where he realizes that the playing field has been leveled‚ meaning that a much larger group of people can compete for global knowledge. He pursues examples of this metaphor in other places‚ such as Iraq‚ China‚ Japan‚ and the United States. Friedman argues that there are primarily ten forces that flattened the world and describes each of the following “flatteners”: 11/9/89‚ the fall of the Berlin Wall; 8/9/95‚ or the date that Netscape
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“THE WORLD IS FLAT: In his book‚ The World is Flat‚ Pulitzer Prize-winning author Thomas Friedman argues that globalization and its technological advances have increasingly “flattened” the world by reducing barriers among states‚ individuals and corporations‚ and by creating more and more economic interdependence and global integration. This process is not a new one. It began in 1492 when Columbus discovered America and opened up trade between the old world and the new world‚ and developed
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The Ten Forces That Flattened the World These are the ten factors describing how the world is becoming “flat” or globally interconnected‚ thereby allowing businesses all over the world to compete on a more equal playing field. 1. The New Age of Creativity (the fall of the Berlin Wall) This event “tipped the balance of power across the world toward those advocating democratic‚ consensual‚ free-market-oriented governance‚ and away from those advocating authoritarian rule with centrally planned economies
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its peak? Is the world flat or spiky? There are several very vocal proponents of an argument that the world has become flat in recent years. However‚ there are some writers have the opposite opinion. This paper introduces both sides of the debate and presents the arguments for and against the idea that the world has become flat in recent years. The term “globalization” today refers to the shift in the world economy. It is moving towards a more integrated and interdependent world economy (H.C.W‚
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of Video “The World is Flat” Key issues or Problems in the video: The title "The World is Flat" was taken from a statement by Nandan Nilekani‚ the former Infosys (an Indian IT company) CEO. It seems like if hadn’t met Nandan then he wouldn’t have even written this book. He talks about Americans and the developing world but says almost nothing about Africa‚ Europe & Australia. The World is flat applies better to people with similar kind of economic conditions. In developing world‚ a big portion
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January 30‚ 2008 THE WORLD IS FLAT The world we live in today is going through enormous changes in economics‚ technology‚ culture‚ politics‚ etc. The effects of the changes are not so clear‚ since it is hard to predict how each sector would affect the other and how society will be affected. However‚ analyzing past and present occurrences provides some information for experts to interpret society’s reaction in the future to different transformations. Globalization can be seen as a process in which
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