Professional Documents
Culture Documents
ACTIVITY
The Contemporary World
PART I
Definition of Term/s:
I. Instruction: Give your own definition of the following terms: (1 point each)
A. Globalization
—Globalization is the process by which businesses or other organizations develop international
influence or start operating on an international scale. The worldwide movement toward economic,
financial, trade, and communication integration. Globalization implies the opening of local and
nationalistic perspectives to a broader outlook of an interconnected and interdependent world
with free transfer of capital, goods, and services across national frontiers. Globalization is a
process of interaction and integration among people, companies and governments worldwide.
B. Economic Globalization
—Economic Globalization is the increasing interdependence of world economies as a result of
growing scale of cross-border trade of commodities and services, flow of international capital and
wide and rapid spread of technologies.
C. Market Integration
—Market Integration occurs when prices different location or related goods follow similar
patterns in a long period. Group of prices often move proportionally to each other and when this
relation is very clear among different markets it is said that the markets are integrated. Market
integration is defined as a process which refers to the expansion of firms by consolidating
additional marketing functions and activities under a single management.
D. Economy
—it is the wealth and resources of a country or region, especially in terms of the production and
consumption of goods and services. It also a careful management of available resources.
E. Impact
—the definition of impact is one thing crashing into or having an effect on another. An example of
impact is the effect that humans are having on the environment.
F. Export
—the export is when goods and services that are produced in one country and sold to the buyers
in another. Export, along with imports, make up international trade.
G. Trade
—trade is defined as the general market place of buying and selling goods, and services, with
compensation paid by a buyer to a seller, or the exchange of goods or services between parties.
H. Interstate system
—interstate system is a system of international relations. Interstate Highway System, a network of
controlled-access highways in the United States.
I. Regionalism
—is a theory or practice of coordinating social, economic or political activities within a
geographical region comprising of states. Cooperation among states to create institutions to help
bring about or support economic integration in a region.
J. Global South
—the Global South is a term that has been emerging in transnational and postcolonial studies to
refer to what may also be called the “Third World”.
Situation 1: If you are the President of the Philippines, what will you do in order to address the
economic crisis that the country is facing right now?
Answers:
The economic crisis facing right now in our country is the pandemic covid-19 If I become the
President of the Philippines, I will put people as one to fight the covid-19. I will keep the people
safe, the solution of it First we stay at home. Then second We need to wash our hands always after
we go out and before we eat and after we eat. Then third When we need to sneeze or cough we
should always cover our mouths and noses. Then fourth When we go out to buy our essential
needs in grocery stores and shops we should always wear mask bring hand sanitizers in our bags
to stay safe and clean. Then firth Always Clean your home and get rid of all the dirty sports to
lessen the germs inside your home. Always follow clean safe healthy rules around the house.
When you’re at public places practice using social distancing or 1 meter apart. That’s all could say
always stay safe and practice cleanliness everywhere. Right now is to pray and pray that all
people will be safe and this pandemic will stop and back to normal.
Situation 2: If you will be given a chance to be an OFW, how can you contribute to the economy
of the country?
Answers:
Filipino workers OFW have also considerably improved the lives of our countrymen, and
have brought some sense of economic security and well-being to our nation. OFWs are indeed the
country’s modern heroes. Their work overseas has greatly helped reduce poverty and played a
major part in turning our once-lackluster financial system into the booming one it is today. OFW
remittances have steadily increased to over $ 25 billion a year in the past several years. Because
this money is sent to families of OFWs to buy mainly goods and services, it goes directly to
business, leading to a corresponding increase in income in related sectors of the economy.
However the allure of a better life overseas has also caused not only a drain on our country in
terms of human skills, talents and potentials, but also the separation of families. In my opinion a
huge sacrifice for which no amount cases, separation robs families of the chance to foster healthy
relationships.
III. Give five (5) situations/scenario in your life that will show your own experience of GLOBALIZATION.
(2 points each )
2. “Nations rise and fall, flourish and decay, by what they believe in and by what their culture stands
for”.
—Ifeanyi Enoch Onuoha
Answers:
This give rise to the idea that each country must devise a form of they believe there exist cultural
differentiation as to tastes entity .
4. “No generation has had the opportunity, as we have, to build a global economy that leaves no—
one behind. It is a wonderful opportunity, but also a profound responsibility”.—Bill Clinton
Answers:
In the process, to create a new century of peace and prosperity in a world that is more
constructively and truly independent.
5. “One day there will be no borders, no boundaries, no flags and no countries and the only passport
will be the heart”.—Carlos Santana
Answers:
The flags is important to countries not only because it describes the authority and power of
the nation but also because it is a symbol of peace and unity of all the people inside its vicinity.
Then also heart” love is all around us.
Question: As a student, in what way can you help our government to upgrade our economy
considering our present situation in this new normal?
Answer’s:
We can upgrade the status of the Philippine economy by persuading investors to
invest big capital here in our country, Creating more Jobs for the Filipino, Beautifying every places
of the country. As we see, other countries are very competitive when it comes to there buildings
transportation, roads and many other. Considering on this situation of new normal right now we
keep distancing to our love one.
For many of us, it has been stunning experience to find ourselves adjusting our daily
routines to take safety precautions to protect ourselves loved ones and neighbour. In the midst of
this global pandemic, we are reflecting in real-time on how systems undergo large scale
transformation on how government, business, schools cities and communities adapt and make
fundamental changes to existing ways of working. This issue they desperately need independent
credible scientific review and advice. To do so they should turn to the National Academy of
Sciences. Although the Republican-controlled Senate is planning to conduct oversight hearings
and the white house coronavirus task force might conduct an internal evaluation regarding the
situation of this new normal.
PART II
Instructions: Make a REFLECTION PAPER about your Learning’s from the topics in Module 1 to Module 5
in The Contemporary World. You can write it in Yellow Pad or you can also encode it if you want. Please
send your output via Gmail, messenger or Google classroom.
REFECTION PAPER
THE Contemporary World
REFLICTION PAPER
The Readings in the Philippine History