Globalization Essay | Essay

This student essay consists of approximately 2 pages of analysis of The Effects of Globalization.
This section contains 508 words
(approx. 2 pages at 300 words per page)
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The Effects of Globalization

Summary: Globalization, the expanding phenonmenon that's leading the world to a more unified economy and culture, means more opportunity and better economic growth that can restructure weaker economies to help achieve the end of poverty. On the negative side, regional distinctions and countries' sovergnity are threated by multinational companies.
Globalization represents the increasing integration of economics, communications and culture across national boundaries. I think a perfect example of globalization is McDonald's. McDonald's has become a household name across the world. In its infancy in 1954, it was an ice cream shop catering to the high demand for milkshakes. When Ray Croc purchased the exclusive rights for the store, he created a systematic machine, which is vastly imitated today. By 1963, McDonald's sold its one billionth hamburger. Today, it has served over 100 billion, opening new stores in new locations every year. Not only in the U.S, but around the globe. Argentina, Belgium, Equador, Greece, Lebanon, and Peru, just to name a few. McDonald's has changed eating habits all over the world. Such globalization has had an effect on the restaurant chain as well. Besides offering different versions of its hamburger meals, it now offers a variety of foods from...

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This section contains 508 words
(approx. 2 pages at 300 words per page)
Buy the Student Essay on The Effects of Globalization
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