GE 3 The Contemporary World

Activity #: 2
DG: 26 October 2020
HPS: 100
WTF: Any time before the class
Instructions:
A. Copy and write your answer on your university notebook. Each question and/or area must be
answered on a separate page. Do not write at the back page.
B. Answers must be within 50-100 words only. Writing below or exceeding the required number
of words is subject to points’ deduction.
Legends:
*Date Given
*HPS: Highest Possible Score
*When to Finish
C. For online students, this will be the subject of our discussion and I will check this during our
class.
D. For module-only students, refer to instruction letter A.
Questions/Activity:
1. What is globalization and how does it affect social, political, and economic situations in a
country?
2. What is localization?
3. Using a Venn diagram, compare, contrast, and find similarities between globalization and
localization.

What is Globalization?
 Globalization means the acceleration of movements and exchanges (of human beings,
commodities and services, money, technology or cultural practices) all over the world.
 One of the implications of globalization is that it facilitates and strengthens relations
between diverse regions and cultures across the globe.
 Increased interdependence and interconnectedness between cultures and nations.
 It is widely understood to include two interrelated elements: the opening up of
international boundaries to rapidly accelerated movements of goods, resources, finance,
ideas and people; and improvements in structures and policies at national and
international level that encourage or foster such movements.
How Globalization affect the Social dimensions?
 The social dimension of globalization refers to the impact of globalization on the life and
work of people, on their families, and their societies. Concerns and issues are often
raised about the impact of globalization on employment, working conditions, income and
social protection. Beyond the world of work, the social dimension encompasses security,
culture and identity, inclusion or exclusion and the cohesiveness of families and
communities.
What is localization?
 It is the process of modifying a commodity or service to a certain area or sector.

Localization Similarities Globalization

modifying a commodity or
service to a certain area or
sector.
goods or services are made
are exclusive in a particular
area or market.
modifying a commodity or
service.
goods or services are made
are exported.
modifying a commodity or
service across different
nations, cultures, market.
goods or services are made
are exported, used across
various nations, cultures,
market.