The modern world is said to be “shrinking” or “flattening” through the process of globalization. What do you think this means? e
xplain how the world is “shrinking” or “flattening”. in 6-8 sentences cite one specific example of how the world is “shrinking” because of globalization. 85+ Point's :D
The increasing globalization process is making the the world shrink or flat. Every decade globalization is making our world small and flat.
Explanation:
When cross-border trade start happening in goods, technology and services in terms of investment, information and people, this cause because of brought in growing population, economy and cultures among the world which are interdependent on each other, this whole process defines the term Globalization. The shrink of world due to globalization can be understood by the following examples,
In the early 1400s the world was termed very large according to Friedman's argument. The globalization 1.0 which happened in between 1492CE to 1800CE reduces the size of world from large to medium. In 1800 the globalization 2.0 started and reduced the world's size to small. The 3.0 globalization started in the beginning of 2000 and is reducing the size of world from small to tiny. Globalization is a new process and reducing the world's size continuously and rapidly.
