Scribd Logo
Upload

Welcome to Scribd!

  • 46 views

    Untitled

    Uploaded by

    JULIANNE BAYHON
    Globalization is defined as the increasing interaction and integration between people, companies, and governments around the world, driven by international trade and investment and aided by information technology. This process affects many aspects of societies globally, including environment, culture, politics, economics, and health. There are 8 main types of globalization: financial, economic, technological, political, cultural, sociological, ecological, and geographical globalization. Some concerns about globalization include the loss of unique local cultures, short-term gains being prioritized over long-term consequences, and corporate profits taking priority over workers' rights.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Untitled

    Uploaded by

    JULIANNE BAYHON
    46 views2 pages
    Globalization is defined as the increasing interaction and integration between people, companies, and governments around the world, driven by international trade and investment and aided by information technology. This process affects many aspects of societies globally, including environment, culture, politics, economics, and health. There are 8 main types of globalization: financial, economic, technological, political, cultural, sociological, ecological, and geographical globalization. Some concerns about globalization include the loss of unique local cultures, short-term gains being prioritized over long-term consequences, and corporate profits taking priority over workers' rights.

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Globalization is defined as the increasing interaction and integration between people, companies, and governments around the world, driven by international trade and investment and aided by information technology. This process affects many aspects of societies globally, including environment, culture, politics, economics, and health. There are 8 main types of globalization: financial, economic, technological, political, cultural, sociological, ecological, and geographical globalization. Some concerns about globalization include the loss of unique local cultures, short-term gains being prioritized over long-term consequences, and corporate profits taking priority over workers' rights.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    46 views2 pages

    Untitled

    Uploaded by

    JULIANNE BAYHON
    Globalization is defined as the increasing interaction and integration between people, companies, and governments around the world, driven by international trade and investment and aided by information technology. This process affects many aspects of societies globally, including environment, culture, politics, economics, and health. There are 8 main types of globalization: financial, economic, technological, political, cultural, sociological, ecological, and geographical globalization. Some concerns about globalization include the loss of unique local cultures, short-term gains being prioritized over long-term consequences, and corporate profits taking priority over workers' rights.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Globalization is a process of interaction and integration among the people, companies, and

    governments of different nations, a process driven by international trade and investment and
    aided by information technology.
    This process has effects on the environment, on culture, on political systems, on economic
    development and prosperity, and on human physical well-being in societies around the world.
    8 Types of Globalization:
    1. Financial Globalization
    2. Economic Globalization
    3. Technological Globalization
    4. Political Globalization
    5. Cultural Globalization
    6. Sociological Globalization
    7. Ecological Globalization
    8. Geographical Globalization

    1. Financial Globalization
    World’s financial systems have become intimately interconnected
    Stock market trading in New York stock exchange can affect Tokyo and Hong Kong
    Wave continues in European markets then back to American markets
    Important to note: reflects interconnectivity of network of world cities, not nations
    2. Economic Globalization
    In past, most corporations were linked/identified with a country, but today corporations are now
    transnational
    Companies move their production and capital to any market that will benefit the company
    (increase profits and share values)
    ie: Ford has plants in Mexico
    Coca Cola and Nike are all over the world Supporters: increased global wealth means increase
    in standard of living
    Detractors (opponent)- economic globalization tends to increase the difference between the
    “haves and have not” and leads to the corporation having more power than countries.

    3. Technological Globalization
    Technological revolution has meant the “Global Village” has expanded to everything corner of
    the globe
    with growth in travel communication and computer technology, and mobile (smart) phones
    communications
    I can be around the world live, in 1 second by internet or smartphone or 12 hours by plane
    The remotest village can now use hand crank computers to communicate via internet some
    regions have no phone networks, they have jumped ahead to cellphone networks only
    4. Political Globalization
    As countries become more economically and technologically interdependent, there is pressure
    to adopt uniform policies
    NAFTA : Free trade between US, Canada & Mexico is example of free trade and economics
    replacing
    nationalism and protectionism

    5. Cultural Globalization
    - Harmonization of worlds cultures at the expense of distinctly different local cultures
    - We will eventually all listen to the same music, watch the same TV, eat same food, have the
    same values..
    - Loss of worlds cultural diversity, replaced by primarily Americanized world cultures
    - Major issue for cultures where religion is directly connected to their culture, “western” values
    can often come into conflict with tradition religious beliefs
    6. Sociological Globalization
    Idea that a single “world” society has evolved, replacing distinct national societies that
    previously existed.
    ie: one set of moral beliefs (religious); reaction of the “west” to Islamic fundamentalist countries
    and vice versa
    7. Ecological Globalization
    The planet must be treated as a single ecological system (ecosystem) rather than a collection of
    separate ecological systems.
    Ozone depletion, global warming impacts the world not just nation that did original damage
    The failed Kyoto Protocol and Montreal Protocol - Part of reason Kyoto failed was because it
    allowed the “trading” of “carbon Emissions” See article Why Canada Failed at Kyoto
    http://www.thestar.com/news/insight/article/729155- -why-canada-failed-on-kyoto-and-how-to-
    make-amends
    8. Geographical Globalization
    Geographers don’t see world in terms of relationships between countries anymore - : ie: trade,
    geopolitics, war
    now see a borderless world, dominated by worldwide concerns: ecological concerns, politics,
    culture, economics and other relationships existing; all influenced by networks of world cities.

    Concerns about Globalization


    Loss of unique cultures
    Short term gains over positive long term consequences
    Corporate profits before workers rights.
    Loss of indigenous culture, replaced by homogeneity
    Loss of jobs because of economic globalization
    Environmental concerns over demands put on Earth’s resources..
    The list goes on……………

    You might also like