Suchergebnisse

In general connotation globalization stands for free communication, destined for the rapid development at International level through the spread of social, economic, political, educational, ecological, cultural, scientific and technological advancement Certainly, economy is the core of globalization but it has other dimensions too. Every dimension is related to some other dimension and each dimension has it's own branches and sub-branches which by different means and processes create a network of interdependence between different regions, Thus, globalization involves a series of activities through which a region affects others and in turn gets affected by them. No doubt, globalization has caused the opening of innumerable opportunities. It believes in integrated system being conducted by the economic powers of the market. Globalization has resulted in the growth of economic quality, product and profit but is far from its objectives of equality, eradication of poverty, unemployment, social disorganization, ecological degeneration and human security. In brief, globalization has resulted in establishing new standards of social, economic, political, cultural and ecological degeneration. In the present research paper, a brief attempt has been made to highlight social and economic challenges caused by the process of globalization. Adapted from the source document.