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What is globalization? gaoxiaoxia

Globalization has greatly promoted global economic growth and development. By reducing trade barriers and encouraging international cooperation, the flow of goods, services, capital, and technology between countries has become easier. Consumers can easily buy products from around the world, such as imported food, electronics, and fashion brands. This not only improves the quality of life but also provides more choices. At the same time, globalization creates larger markets for businesses, promoting innovation and competition, which increases economic efficiency. For example, multinational companies can lower production costs through global supply chains, offering consumers more competitive products and prices In terms of culture, globalization has encouraged the exchange and integration of different cultures. Music, movies, and fashion from various countries can now cross borders and reach global audiences, enriching people's cultural experiences. Things like Korean K-pop, Japanese...

Reading Assignment 1:What is Globalization?(ZHANG BIGNYI)

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 1) Summarize the materials: Globalization refers to the process of increasingly intensive flows and interactions of goods, services, capital, information, and culture on a global scale. It strengthens ties between countries through technological advancement, transportation facilities, and international cooperation. Economically, globalization promotes international trade and investment; culturally, it accelerates cross-cultural exchanges but also brings concerns about cultural homogenization. The benefits of globalization include economic growth, technology sharing, and more cultural choices, but it also comes with challenges such as the widening gap between rich and poor, increasing environmental problems, and the loss of local culture. 2) Interesting things learned: A new and interesting point is that globalization is not just a modern phenomenon; its origins can be traced back to ancient trade networks such as the Silk Road. At the same time, technology has played a great role ...