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Ramos, Aila Nicole C. Contemporary World

1. Think of 10 ideas/ words/ phrases associated with “globalization”. Based on the

concepts you list, synthesize a personal definition of the concept. Show also the list of
your answers.

DEFINITION:
Globalization is the exchanging or trading of goods, materials, services,
technology, cultural practices, information etc. across different countries. It stimulates
interaction and communication worldwide for the development of each country.
Additionally, Globalization involves a conscious and active process of expanding
business and trade across the borders of all the states. However, globalization has a
positive outcome that can help for the proliferation of the country and it has a
negative outcome that can seriously threaten universities in other countries.