Clutches Of Globalization – “A Study Of Seamen Kathalu

Abstract

Globalization refers to the interconnectedness and integration of economies, cultures, and societies across the world. It has reduced barriers to international trade and allowed companies to operate more freely across nations, leading to an increase in global trade and investments. While it has fostered business relationships between countries, it has also weakened internal social structures. In the race for global competition, people are not only compelled to participate but are driven by a restless desire to succeed. The pursuit of wealth and a luxurious lifestyle has become a defining trait of contemporary society. However, this has come at a cost of Industrialization, urbanization, and excessive consumption have severely impacted the environment.