Midterm For MAJORFELS24

Quiz 5

GMP 1500

Discuss the effects of globalization on economic, political and cultural environment and relationships. Make sure to refer to the article discussed in class.

Globalization effects economic, political and cultural environment and relationships in

many ways. Although globalization has many positive effects on nations, it also has some

negative affects. The article that was shown in class called “Globalization and Religious

Nationalism” by Catarina Kinvall discussed her views on the effects of globalization. Kinvall

stated that globalization causes insecurity in people and a kind of existential anxiety in people

because of the changes that occur within a society and country. Economies usually benefit from

globalization as free trade is open and goods are able to be produced worldwide and the

market for products becomes much larger, but it also allows for unfair trade to happen

between privileged and less developed countries. Globalization is helpful yet also in a way

hurtful to the economy as it is in cultural environments and relationships. Culture and

relationships seem to mix and become more similar as people begin to have a more open view

of the world and are able to learn about different cultures. Although it seems like a good thing,

Kinvall explains how it could leave people who are set in their ways feeling anxious and as

though everything is changing in the world. Globalization was an interesting topic in class and I

discovered that it is much more of an in depth and complicated process than just the expanding

of the world, but also a large change for economic policies and social relationships.