BENEFITS OF GLOBALIZATION

Globalization is the development of an increasingly integrated global economy marked

especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets.
1. Free movement of people.
That people are free to move from one country to another for different purposes, like
business, tourism, employment and education. With this, it would emphasizes social,
mental and capital benefits, and to learn different foreign cultures, new encounters of
friends and sometimes marriage could be happened.
2. Free exchange of goods.
In this benefit of globalization, its now be experienced for new free market policies
and a free exchange of goods/products and capital wherein lot of producers or
different companies encouraged to import and export their products to the entire
world at lower prices for easy consumption and circulation which improves the
business or enterprise/entrepreneurship which benefited more the consumers at the
same time it improves income and it creates new jobs so it equalizes income
distribution.
3. Free exchange of ideas and information.
With the aid of internet connection we now easily get information needed to the
different disciplines or subjects we have. With the different sophisticated gadgets that
we have now like the computers, iphone, iPod, tablets, smartphones or any gadgets
that would access the internet is of great help for free, easy and fastest way of
exchange ideas and information.
4. Quick dispersion of innovation.
The internet would help as a lot for making online businesses. It would also help us
in advertisement, wherein we use internet to post and promote our products through
plugging or posting its specifications, qualities, its term and condition and also how
to avail of the products, so, its a fastest way to introduce in the market for quick
dispersion of products.
5. Quicker economic increase.
Globalization introduces quicker economic increases wherein call centers usually
makes the promotion with the use again of the internet as a medium of connection
and communication which encourages more competition to the different companies to
make their product maintains its standard quality to satisfy consumers. With this,
globalization encourages competition which generates more employment that
benefited a lot of workers to earn so improvement of their living condition will be
uplifted with such opportunity.

6. Improved standard of living.

Another benefit of globalization is improved standard of living, wherein medical
products, apparatus, gadgets and services are being developed and improved. As it
manifested that having of this kind of apparatuses and gadgets will promote for the
conservation and preservation of life. It helps for health care and longevity so there
will be advancement which provides for the opportunities to improve life.
7. International barriers are shifted.
Globalization spread to the access of cultural diversity which social networking like
facebook, yahoo, google, and other websites which served as a medium of free
communication to learn different personalities, norms, behaviour, beliefs, political
and cultural backgrounds which resulted to the creation of international cooperation
and even promotion of peace around the globe.

SUMMARY:
Globalization is the process by which states become interdependent on each other on all
spheres of life. It is a process where countries go global by adapting universal characteristics
involving human race. It is therefore the process of uniting people of the world into one unit with
universal characteristics. This characteristics include; systems of education, politics, democracy,
economy among many others. Through globalization economies, civilizations and societies
become integrated into a globalized arrangement of political ideas.
In a global world there is free flow or movement of improved technology. Technologies
can be new discoveries, inventions and innovations. Technology built or discovered in one
continent is shared for use or exploitation in other countries. Therefore with the advancement of
technology developing countries have developed technological know-how and this has lead to
improvements in the industries. Most industries in the developing countries are now able to work
effectively, improving efficacy and makes works easier. This saves a lot of time wasted by
ineffective machines leading to increased profits and earnings.
This multinationals also are responsible for employing a large number of individuals
from the investor states therefore reducing high levels of unemployment in this developing
countries.
Globalization leads to high investment levels and therefore increased wealth. Wealth is
generated through economic gains of globalization.

REPORT
IN
SOCIAL DIMENSIONS OF
EDUCATION

SUBMITTED BY:

JOHNY F. VILLANUEVA
BSED IIIA

SUBMITTED TO:

GEMMA PASCUAL
PROFESSOR, EDUC. 32