What processes define Globalisation How do they impinge on sport Essay

What processes define Globalisation How do they impinge on sport Illustrate your answer with examples - Essay Examplef of the contemporary era, many renowned economists by all odds state that, strictly going by the basic definition of the term (globalization), it is not a phenomenon that got current only in the recent departed. They state in no uncertain terms that globalization is a process that got initiated as early as many centuries ago, when commercial interactions amongst members of diverse societies of the globe commenced. Having said that, the above-mentioned economists do concede, it is an irrefutable fact that globalization has been spreading across the planet more swiftly everywhere the past two decades, attributable primarily to the phenomenal surge in information technology.In its nigh innocuous sense, globalization simply refers to the complex of forces that trend toward a single world society. Among these forces are smoke communications, commerce, increased ease of travel, the internet, popular culture, and the increasingly widespread use of English as an international language (1) (Progressiveliving.org, ND).The more important sense of the term refers to a process, well underway, which trends toward the undermining of national sovereignty, and therefore citizens rights, in respect of the economic interests of gigantic transnational corporations (TNCs). The latter already comprise more than half of the largest economies of the world, and are immensely more powerful than most governments. (1) (Progressiveliving.org, ND).The above definitions are highly relevant to contemporary times, as the notwithstanding challenging criteria of time and space have now ceased to be hindrances in interactions between people inhabitancy in different parts of the globe. That is attributable predominantly to the technological revolution that the globe has been witnessing over the past three decades. Also, the first of the aforesaid definitions has included even the element of culture while speaking around integration of mankind. In fact, the rapidly progressing process of globalization has