Some people has a little idea about contemporary world or how does it works when we are relating to one of the vital role in globalization; liquidity. In fact, contemporary world is one of the most talk in different sites I searched. Why some people of the world consider it as a flexible discussion or part of our modern economic world. Well there are things we need to consider; how and when does liquidity works and does it really need to considered as flexible in every characteristic in our contemporary world.
According to economy, liquidity means how quickly you can get your money on your hands. In today's society, faster transactions mean better development. Therefore, having high liquidity in the contemporary world, I agree with it. This is also practical, especially due to the pandemic. People need to get their hands in their money in order to buy the necessities that they need, in order to survive. An addition to why high liquidity is good is due to the fact that in the marketing industry, you can easily buy, sell, and trade. This is what our world is currently doing, especially with the use of technology. High liquidity is mostly coming out with positive results, liquidity is the ability to become flexible after all, especially in terms of finance. Having adjusted to this kind of mindset will help us in the current world as people want everything to move swiftly and get what they want as efficiently as possible.
We are moving in different ways but we actually connect. While we are busy making things work especially in doing some business, we are actually doing the liquidity; we are making progress little by little by having movements across our boundaries. Liquidity in financial term, is based on we sell and brought products, we manufacture inside our country, and marketing. That’s how we connect. We are trying to sell or manufactured products that may be useful or not and market it inside and outside of country if that’s possible. High liquidity enhances our needs today. It allows us to make some improvements easily especially in manufacturing. But not only in producing products. Every country purchase product too to different places or to the one they introduced their own product. Give and take situation applies here but different. We can give benefits and they can also give back depending on the contract. Global high liquidity made it existence and it is already affecting the economic neutrally.
Also, high liquidity means the ability to pay your debts immediately. I solely agree, because people always ramble with the fact that their debtors would always go pass their time, and that is not good, considering that other people also need their money. In a businessman's perspective, higher liquidity means higher ratio and quality. Third would also be good for their stocks. This also means better and stable markets, which is positive for the well-being of the marketing industry. High liquidity also assures security during transactions, especially when it comes to assets or even liabilities.
In this time, in our generation, contemporary world is getting easier to access because of the technology specifically media that we have right now, yes media now enters. Media plays the role of doing also the work to make our businesses grow. It allows us today to feature or endorse our own product easily. When we say easily, I’m talking about the platforms that we have right now. In this case creating products, sell, or purchase has been easy for us because of the apps; shopping apps. It became the online way to across some products in different countries.
With the rise of the global liquidity everyone forces to become more flexible in terms of entering this industry. Because of this sudden and rapid changes, we now have the ability to shape our own lives. Concluding my stand, I do agree with high liquidity. In my opinion, it is practical in our world today, it is efficient, and it will help our economy to become more flexible, and help it in terms of development.
REFERENCES:
The Economic Times (March 12, 2022) Definition of 'Liquidity' Liquidity means how quickly you can get your hands on your cash.
Yoona Kim (October 27, 2020) Do you agree that the contemporary word characterized high liquidity? Why? Liquidity based on manufacturing, marketing, selling and buying of products both useful and not.
Lubaba Raza (October 22, 2020) Understanding the concepts of globalization and liquidity is essential for one in today's world. Bauman's theory explains exactly that to us. With the rise of global liquidity or globalization- people, forces, or industries all over the world have become more flexible. Such as they’re more mobile, readily able to communicate, travel, and adapt to changes, they have the power to shape their lives according to their wants and the world right now.
DISCLAIMER (PHOTOS NOT MINE)
https://runwaypakistan.com/understanding-globalization-and-baumans-liquidity/
https://knowledge.skema.edu/the-globalisation-of-mistrust/
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