Liquidity in globalization is a state on which people, forces, or industries all over the world becomes more flexible. In the present era, a strong clash of factors is felt everywhere with globalization at its center. Us people, being the product of adapting with the said circumstance had made the liquidity of globalization higher as time passes by.
For the past few decades, globalization had made a major impact in our society. Continuously making improvements on every aspect of our life. These aspects including food, shelter, ways of earning, transportation, communication and many more.
In response to the question given “Do you agree with the idea that the contemporary world is characterized by high liquidity? Why or why not?”. I agree with the idea of contemporary world being characterized by high liquidity. Below are a few reasons on why:
The reasons are, (1) firstly, globalization can never progress with low liquidity, and it is only through progress that the liquidity of globalization is raised. With the people becoming more innovative and practical, things like business and transportations are being improved at a higher rate and the things that connects to said variables like job hiring and transportation of goods also follows behind and improves.
(2) second, the introduction and emergence of new types of businesses. These types of business including cryptocurrency related business, mass T-shirt printing, digital products and more. These businesses changed the flow of market and made new branches of ways to earn money without exerting much effort and such.
(3) Increasing numbers of people that are looking for jobs. With our society becoming much bigger and more developed, more people are introduced to business. But we can’t cancel out the fact that not all can afford to start up a business. And this is where people that looks for a decent job joins the scene. Those new businesses could offer them jobs not only to help them but for the business to also perform well.
(4) Online commissions and business. These types of business is a very complicated type yet so explosive that once it is started it either ‘drops or fly’s’ as the online entrepreneurs describes how it. Personally, I feel like this should be mentioned separately because of how our society is transitioning from physical to digital to integrated (physical and digital mix).
as of now we are still at a point of transitioning to integrated from digital as our society is still recuperating from the pandemic.
There are more reasons that corelates to the liquidity of globalization in a certain country of society. The ones that I’ve listed down are what is most observable in a society.
You might be wondering. How is all this any connected to the liquidity of globalization and our society. In simpler definition, the liquidity of globalization connects to the progress of our society and country. The more developed and the faster the progress of our country, the more liquid the globalization that is happening in the society and country.
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