1. How do economic forces facilitate the deepening of globalization?

The expansion of communication system is the only key to facilitate and which is now
commonly happen through the internet we use it become the most important tool in
marketing as it is the most reliable and free access easy way to distribute information
not into just one specific country but throughout all country. Advancement of
technologies reduction in cross-trade, increase in consumer demand, and high
competition are the forces of globalization which facilitate through
telecommunication of globalization and information technology which help investor
and distributer to have increase in economic activities.

2. How is Philippines central to the economic globalization?

Philippines become the central of globalization because we provide a various good

and services that become the needs of other country which is will only found in our
place only. Furniture, chemicals, minerals product, agricultural products, garments,
electronics, and others.

3. Define economic globalization?

In my own view economic globalization is international trade and investment flows in

general term, liberalization of national economic policies that provides a free flow
movements of services, good which is not just focusing on one country but
throughout the world but doesn’t mean it helps to all people specifically consumer
and local trader there are also some disadvantages that negatively affect locals like
technological innovation which harm laborer elimination of tariffs and quotas,
change in consumption pattern, efficiency improvement.

4. How does this institution influence global economic activity?

Our economy is now on the stage where we have stable and sustainable though not
everyone can have this but to think about it Philippines has a higher rate of poverty
not until now that we are provided a high salaried jobs and proper investment and
use of the environment, the increases of education and graduated workers, the
strategies of the government has working relatively though not its perfect percent.

5. How does it affect economics in the Philippines?

Philippines has a rapid growth in the trades which found the distributer big good
thing even the commodities and services become the top demand which cause a
larger number of people who migrate just to work where it can provide individual
financial needs, every capital of each people will help the country and make it one of
the country that is rich together with the evidence of having a good education that is
provide.