Globalization Explained in One Minute

Globalization tends to generate far too heated debates and it's a shame because we're talking about one of the most important topics related to the future of humanity.

Through this one minute video, I did my best to cover an extremely "sensitive" topic in a rational rather than emotional manner.

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[OneMinuteEconomics]

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[OneMinuteEconomics]

Just wanted to let you guys know that I've deleted the initial video and published this one due to the fact that there was something wrong with the ending of the previous video. Sorry for the inconvenience :)

[lumapasvenusa.]

When we say globalization there is advantage and disadvantage. The adavantage is we can communicate around the world hence, a world wide interaction between consumers and the producers by creating and developing lower cost ways of products and understand the norms of other culture while the disadvantage is there is barrier between rich and poor countries that causes conflicts.

[Nktrixx]

POV - your teacher sent you this but you have no idea what the hell globalization actually is after watching the video 5 times

[OneMinuteEconomics]

If you liked this video, I think you'll love The Age of Anomaly, my Wall Street Journal and USA Today best-selling book about preparing for financial calamities (whatever they may involve). You can buy it over at:

[dylanthompson]

He never explained what it actually was...

[cigh]

Globalisation is wonderful if you are a well established business looking to expand into other markets, but for poorer developing countries in particular it can lead to a situation where sure, people can be lifted out of poverty providing cheap products and raw materials to businesses, but local businesses and national industries never get a chance to develop because they can't compete with the multinationals.

This is why countries like the USA insist that everybody must open their market, even though had the United States never gone through a period of protectionism itself it never would have developed it's national industries and economy to the extent that it did.

[slidenerd]

if only globalization could be decentralized, maybe that ll happen in 20 years

[Bagas-kh]

It took me around thirty minutes to grasp the concept of globalization.

[sugoiguy]

1:07 they changed the japanese dude with the european...

[spb]

What kind of model of trade are you using to support your claim that poor countries want to export manufactured goods while rich countries don't allow it?

[Karmiangod]

Thank you for posting this video. Great value.

[TheMMAvisual]

Maybe next time you could actually explain what it is?

[NA-klcn]

> claims the video is a minute
>1:30

[dorseydorseyG]

THE WORLD NEEDS TO OPENLY DISCUSS VOLUNTARY POPULATION CONTROL.

[itzmimihere]

Is there a very very simple defination of globalisation

[AnomalySource]

I make stop motion animation and love 2d animation but this sucks

[Lowkeymusic]

so for you is globalization is good or bad?

[АнютаТерещук-зк]

Hi, tell me, please, what is the name of the studio, thanks to which these videos are obtained?

[gomathib]

"Globalization" in GColor(Galfar).