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After the break-up of the Soviet Union globalization accelerated through the world It includes the increasing integration of countries individual economies the rise in the world trade and multinational companies and the effect of large sums of money moving in and out of economies People around the globe are more connected to each other then ever before Information and money flow more quickly than ever Goods and services produced in one part of the world are increasingly available in all parts of the world International travel is more frequent International communication is commonplace This phenomenon has been titled globalization It cannot be denied that globalization has had an overwhelming positive influence Millions of jobs have been opened up through the ever increasing productivity and efficiency of the global economy However as we see globalization helping many countries economies we also see that globalization forces many of the world population who are in poverty to stay there and several poorer countries are being lost in the frenzy of a global economy Globalization - is the movement of goods services and money capital or investment across international boundaries and in this way becomes a predominately economic phenomenon sweeping the world Throughout which what were formerly national companies become international conglomerates Hence countries are no longer seen as independent and closed sovereign states but as part of one big economy Migration movement of people especially of whole groups from one place region or country to another particularly with the intention of making permanent settlement in a new location searching for new jobs in order to find a better living standards which could be unavailable in their home country The international migration of capital and labor can be viewed as an arbitrating process that is similar to the movement that occurs between regions of a country People living low wage or high unemployment an area of United States for example moves to states where wages
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