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Globalisation has become a buzzword in the new era of international relations. Basically, it is a process of expanding trade and commerce all over the world by creating a borderless market. But it has had a far reaching effect on many aspects of life. It is now largely based on a strong technological foundation. The electronic transfer of information via the internet has now created an instantaneous and interconnected world of information resulting in a 24 hour trading network. This modern information technology has largely changed banking and financial activities. In fact, globalisation has been a result of improved communication. In this regard, media channels are playing the most vital role. As the young generations are more exposed to these channels, the impact of social values of different countries falls on them. They are also learning many things of the developed countries and are becoming ambitious and hopeful about life. As a result of globalisation, now the world is gettin ... Read more »

Category: Paragraph | Views: 766 | Added by: Joy | Date: 13-Oct-2015 | Comments (1)

Friday, 29-Mar-2024, 7:49:43 PM
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