Globalization in business results to free trades that create a way for economic growth by creating jobs brings the point of competition between companies which result to reduction in prices to cover a bigger market demand. Globalization opens up opportunities for poor countries that see through democracy and human rights. Globalization and democracy should go together to increase the global economy by promoting mutual trust and respect. The two power blocks will promote business for the involved countries. This will create an international market for consumers of different countries (Gore, 2013).
Globalization in business gradually creates world’s power by promoting unity in the world by merging of political powers and common pool of decision making. By creating a common pool of decision making benefit the world as compared to compartmentalized power sectors. Globalization promotes interconnection and hence, benefits many countries to share information. With sharing of information, result to the sharing and borrowing of cultural activities between different countries (Gore, 2013).
The purpose for global changes is to promote globalization through government and originations sharing of common financial interests in business. Globalization have resulted to social tolerance with people of different countries and therefore promoting world wide economy. Speeds in interconnection and sharing of information through internet are promoted by globalization (Gore, 2013).
Differences exist between native countries and immigrants in relations to job openings and political illustration. Youth of marginal ethnic background encounter sidelining when participating in the job market. Furthermore, minority ethnic employees are under-embodied in economic and political domains. There is an wide-ranging records on the causes why people might be willing to work overseas.