"What we call the Information Revolution is actually a Knowledge Revolution. What has made it possible to routinize processes is not machinery; the computer is only the trigger. Software is the reorganization of traditional work, based on centuries of experience, through ... . For them to remain traditional "employees" and be treated as such would be tantamount to England's treating its technologists as tradesmen -- and likely to have similar consequences" {Beyond the Information revolution, Drucker}. " e-commerce -- that is, the explosive emergence of the Internet as a major, perhaps eventua...

• Word Count: 755
• Approx Pages: 3
• Grade Level: Undergraduate

... UNIVERSITY • historical roots and antecedents, see the Sidebars "The WTO and the Politics of Global Trade", "Seeds of Globalization", and "Global Impacts of the Industrial Revolution" in the Industrial Revolution article. • Social and cultural impacts of globalization are discussed in Culture: The Development of Global Culture, World Health Organization, World Food Supply, and Poverty: Causes ... article, and the United Nations. • Business and economic aspects of globalization are discussed in Business: Current Trends, Foreign Trade: World Trade, World Trade Organization, and North ...

• Word Count: 446
• Approx Pages: 2
• Grade Level: Undergraduate

... expansion of finance capital, economic concentration, corporate concentration, and trade. Many believe, an effect of this type of globalization is the promotion and spread of capitalism and American cultural ideals. Cultural globalization is the spread and acceptance of native cultures into foreign lands. Is Cultural globalization a product of economic globalization or is economic globalization a ... "Mcdonaldization". According to the article "Pokemania vs. dreaded global trade" (Arizona republic Nov, 28, 1999) It is believed Mcdonaldization "leads inexorably to the triumph of American...

• Word Count: 1230
• Approx Pages: 5
• Grade Level: Undergraduate

... all of them affect our world positively. Globalization is not a new system for the world. Many centuries ago people started to trade and merchants travelled around the world. The Industrial Revolution accelerated the development of globalization and with the help of new machines or new transport carried the products further and faster. However, the technological developments and transport at the end ... cheap labors causes lack of job security and also temporary jobs. People do not be satisfied with the conditions and salaries so they decide to find another job. A survey of American wor...

• Word Count: 1167
• Approx Pages: 5
• Grade Level: Undergraduate

... audio system, surfs the internet to buy Persian rugs from a dealer in New York, watches Hollywood movies funded by foreign capital and filmed in Europe, swipes his charges on an American Express credit card, and goes for vacations in a French owned resort in Pulau Langkawi. All these are happening because of globalization, the integration of national economies into one "global village ... and reach a larger international audience. For example, traditional music that was limited to a small local audience can now be played on world stage with the use of internet. The electronic revolution...

• Word Count: 999
• Approx Pages: 4
• Grade Level: Undergraduate