E3S Web of Conferences (Jan 2021)

Globalization processes in the sphere of socioeconomic and environmental relations

  • Orochovska Liudmyla,
  • Koshetar Uliana

DOI
https://doi.org/10.1051/e3sconf/202124410036
Journal volume & issue
Vol. 244
p. 10036

Abstract

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The article examines the impact of the fourth information revolution on society, the formation of a certain social and economic system as a result of the influence of the latest information and communication technologies and changes in the human habitat. Globalization processes in the economy have become possible due to information technologies. The latter ensures the movement of capital to any continent, leveling state borders, sovereignty, the national identity of peoples. Business entities, due to the emergence of electronic media, have become able to introduce new forms and methods of economic activity that contribute to the optimization of sales of goods and services and the efficiency of production organization processes. Due to the transformation processes in the field of social and economic relations of the network society, the ability to respond quickly to changes in the world politics stances and markets of basic economic resources has been updated. As a result, the network society represents economy virtualization, the introduction of e-business, global online commerce. The change in the conditions and nature of management and labor was influenced by Internet media, which gives grounds to characterize the network society as a society of services.