Task 0 Effects of Globalization on national economies by pestle approach 2

Task 1

1.0 Effects of Globalization on national economies by PESTLE approach

In this era, the world has change very fast. Changing in one country does not effect in the some part of world anymore but it has impact to all country in the world. And the process of effect does not use long time to take the action anymore but it can take the affect just in one night. So it is the good thing if we are keep looking, study too hard about the current situation and consider about the risk of change that call ­Globalization. From several analyses it has provided a sense of globalization that the process of international integration originates in trade, products, ideas and other aspects of culture (Tomlinson,1999). This means that globalization not only applies to certain areas of society but also works in all areas of society as well as the culture of life. For me it shared the impact of globalization in five areas such as Technology, Business, Cultural Studies, Politics, and Health (Mittelman ,996).

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