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This diversity decreases due to hybridization or assimilation
* international travel and tourism increases
* worldwide sporting events like the Olympic Games and the FIFA World Cup are held
* enhancement in worldwide fads and pop culture
* local consumer products are exported to other countries
* immigration between countries increases
* cross-cultural contacts grow and cultural diffusion takes place
* there is an increase in the desire to use foreign ideas and products, adopt new practices and technologies and be a part of world culture
* free trade zones are formed having less or no tariffs
* due to development of containerization for ocean shipping, the transportation costs are reduced
* subsidies for local businesses decrease
* capital controls reduce or vanquish
* there is supranational recognition of intellectual property restrictions i...
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Common topics in this essay:
- Advantages of Globalization
- Advantages of Globalization
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- Globalization: Threat or an opportunity
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- globalization advantages and disadvantages
- Advantages of Globalization
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- Globalization and the world
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- The Globalization's Impacts to Developing Countries
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