The Impact of Globalization

Globalization is defined in the Yahoo.com dictionary as "global or global or within application". Manfred B. Steger (2003) goes a step further and "... globalization is best considered as a multifaceted social process that resists any single thematic frame.In fact, The power of change is deeply integrated into the economic, political, cultural, technical and ecological aspects of modern social life.Definition, this is very easy.

The social aspect of globalization means the impact of globalization on the lives and work of people, families, and society. People often question or question the implications of globalization on employment, working conditions, income, and social protection. In addition to the world of work, the social aspect also includes safety, culture and identity, tolerance or exclusion, and the unity of the family and the community. Globalization has brought new possibilities to development and the creation of wealth. But there is a difference in recognition and perception of their economic and social impacts and the broader impact on the interests and opportunities of various fields and economic and social parties. Some think that the current pattern of globalization worsens unemployment, inequality and poverty, while others think that globalization helps reduce these problems.

In this article I will explain the impact of globalization on both the fashion industry and the pharmaceutical industry. In the fashion industry, the impact of globalization is a combination of cultural, technical and economic aspects. In the case of the pharmaceutical industry, its impact is a combination of culture and economy. For both industries, globalization has led to reductions in transportation and communication costs. In addition, we will enhance the usefulness of information through the world media. In the case of the fashion industry, these resulted in shifting from the use of middle class outsourcing products to more local products based on economies of scale. This has resulted in the migration of labor from developing countries to developed countries. This is intended to produce in a more cost effective way, but it is not advantageous under current economic conditions.