GLOBALIZATION

Isabel Rodrigues TT01/10



GLOBALIZATION



"It is the set of transformations in global economic and political order what has been happening for decades. The point of change is the integration of markets in a "global-village", operated by large international corporations. States gradually abandoning tariff barriers to protect their production from competition from foreign goods and open up to trade and international capital.
This process has been accompanied by an intense revolution in information technology - phones, computers and television. Information sources are also due to standardize worldwide and the growing popularity of pay-TV channels and of the Internet. This makes the consequences of globalization beyond the bounds of the economy and begin to cause a certain cultural homogeneity among countries. "