Running Head: GLOBALIZATION1GlobalizationNameCourseTutorDateGLOBALIZATION2Implications of globalizationGlobalization has caused the world to get closer which has been facilitated by growth anddevelopment of multinational firms which bring economies and societies much closer. Thiscloseness has caused the national and international capital markets to become increasinglyintegrated to an extent where more than $1.3trillion exchanges between the markets of the worlddaily. Extensive growth of communication channels and the development of technology andinternet is another implication of extensive globalization. Globalization has also caused anincrease in the spread of diseases such as HIV/AIDS and heightened terrorist attacks such as9/11 among others (Gordon, 2008).Dynamic force behind globalization continues to reshape the lives of many people andchange their perceptions about life. Globalization has imposed changes on the technological,political, economic and cultural world. According to Karl Marx, continuous growth ofglobalization will alter social structures that have existed for centuries. Also, globalization hasnegative effects towards the poor in that it impoverishes the poor only to make the rich richerthus increasing inequality.Two ethical issuesIncreased InequalityHealthHow globalization contributes to or affects these ethical dilemmas.GLOBALIZATION3Globalization causes different phenomena of nations, education, fina ...
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