The meaning of the term ‘The World is Flat’ relates to the idea that the global community is now operating on an even playing field. The global economy has leveled, and people from all countries, economies, and nationalities have attained the means to contribute in a similar manner, through all dimensions to the global economy. According to Thomas Friedman, the world is moving toward a more unified and symmetrical method of the economy which involves a creation of collaboration and the use of means which are globally uniting people. Technological measures that are being used in a more progressive ...
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Introduction
The Meaning of the World Being Flat Additionally, this concept was first created during Friedman’s journey in Bangalore, India. He realized that the aspect of globalization has changed many essential economic terms which businesses were already accustomed to over the past 15 years. Friedman also believed that the flattening of the world happened to be a product of the convergence of computers which has a fiber optic micro cable since this created a new era of efficient work flow process and its software. This creation was perceived as Globalization 3.0. It is important to understand that the flattening ...
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