The World Is Flat By Thomas L. Friedman

Read Complete Research Material

The World is Flat by Thomas L. FRIEDMAN

The World is Flat by Thomas L. Friedman

The World is Flat by Thomas L. Friedman

Introduction

The world we reside in today is going through enormous alterations in economics, expertise, heritage, government, etc. The consequences of the alterations are not so clear, since it is hard to predict how each part would affect the other and how society will be affected. although, investigating past and present occurrences supplies some data for experts to interpret society's answer in the future to different transformations. Globalization can be seen as a process in which societies around the world come together and expand through the combination of different forces. This paper will discover the consequences of globalization on US businesses, US humanity and economy, and the implications for other countries in the post-industrial world.

How it All Started

As Thomas Friedman explains in his publication “The World is Flat”, globalization started “when Columbus set sail, unfastening trade between the vintage World and the New World.” after, “multinational companies went international for markets and labor,” and round the year 2000, persons were the ones who got into the global world. Today, individuals and small groups easily enter the global market, collaborate, and compete - a process described by Friedman as “the flattening of the world.”

According to Friedman, the drop of the Soviet Union and the Berlin partition has formed the face of the world tremendously. The US was the only “super power” left in the world, gaining a new status, which gave it political freedom, and helped it push towards a free global market. US multinational businesses started entering European markets, and numerous US businesses begun buying into on study and Development (R&D) in countries like ceramic and Japan.

Describe five of the flatteners and how they have affected your life.

When Friedman converses about some of the forces that “flattened the world,” he mentions uploading, outsourcing, offshoring, supply chaining, insourcing, and in-forming. These forces are the direct outcome of sophisticated technology. furthermore, the forces were made likely thanks to the World Wide Web (which is another force Friedman mentions). Technology and Internet are the real reasons our world became flat, and the reason the above flattener forces evolved. Companies, groups, and individuals - all connected together to form one global village. US companies begun to outsource the back rooms of accounting companies and forwarding Dell customers to the 24/7 call center established in India. US companies were able to reduce cost, while making India a “customer service nation” and China a “low labor cost nation”. Friedman discusses developing countries and the flat world in the next section of his book. He argues that these countries must develop policies of introspection, commitment to more open and competitive markets, and the development of education, infrastructure, and governance, along with establishing business-friendly environments. He uses Ireland to portray a nation that developed these policies and thrives in the flat world. Friedman goes on to argue that open cultures are more likely to succeed ...
Related Ads