MLA 8
Fatima, Kulsoom. "GLOBALISATION AND ITS IMPACT ON TRADITIONAL MARKET ECONOMY: AN OVERVIEW OF SELECTED CASES FROM ACROSS THE WORLD." Int. j. of Social Science and Economic Research, vol. 7, no. 12, Dec. 2022, pp. 4199-4206, doi.org/10.46609/IJSSER.2022.v07i12.025. Accessed Dec. 2022.
APA 6
Fatima, K. (2022, December). GLOBALISATION AND ITS IMPACT ON TRADITIONAL MARKET ECONOMY: AN OVERVIEW OF SELECTED CASES FROM ACROSS THE WORLD. Int. j. of Social Science and Economic Research, 7(12), 4199-4206. Retrieved from https://doi.org/10.46609/IJSSER.2022.v07i12.025
Chicago
Fatima, Kulsoom. "GLOBALISATION AND ITS IMPACT ON TRADITIONAL MARKET ECONOMY: AN OVERVIEW OF SELECTED CASES FROM ACROSS THE WORLD." Int. j. of Social Science and Economic Research 7, no. 12 (December 2022), 4199-4206. Accessed December, 2022. https://doi.org/10.46609/IJSSER.2022.v07i12.025.
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ABSTRACT:
For some people, globalization has diverse meanings. Some see it as a protest against
capitalism's regulatory goal, while others see it as a social commentary. It denotes rapid flows or
enhanced linkages of goods, people, symbols, technology, information, and capital across
national and other boundaries, as well as disconnections, exclusion, marginalization, and
dispossession. The consequences of globalization are not always bad; rather, they might have a
double-edged effect. The paper attempts to examine the various negative and positive effects of
globalization as well as what exactly is globalization and how can we best conceptualize this
phenomenon. The paper provides an overview of various cases from around the world where it
has assisted local cultural economies to expand and improve their living standards and, on the
other hand, it has also led to cultural fragmentation and conflicts. The essay can be considered as
making a contribution to the discussion of sustainable development and how globalization affects
local cultures in both positive and bad ways. |
International Journal of Social Science & Economic Research
