THE CONTEMPORARY WORLD

The Global Economy

Activity Sheet No. 2

Name: ________________________________
Nomer S. Monteclaro __
Year and Course: ________________________
BSED-MATH 2
Date: _______________________
Oct 01,2021
Score: ______________________

Directions:
Column I: The Five Actors that facilitates economic globalization
Column II: Determine five (5) common functions the actors of Globalization play in the Global
economy.
Column III: Provide a one sentence (*not more than 20 words for each) discussion on how these
functions were performed by the actors.
Column IV: Determine which among the economic indicator/manifestation the function can be
applied.

Actors Function How Functions were undertaken Economic Indicator/

*not more than 20 words for each manifestations
discussion
1. maintain have enabled goods
production and A multinational company generally has and services to be
Multinational marketing offices and/or factories in different produced globally
Corporations operations in countries and a centralized head office which has greatly
different where they coordinate global impacted the world
countries management. economy

2. to support attributes such

sustainable concentration,
International economic, This role includes advising on efficiency, and
Economic and social and development projects, funding them and access; and measures
Financial institutional assisting in their implementation of the scope,
Organizations development coverage, and
outreach of financial
services.
3. provide motivating people,
information and and implementing
Non- technical NGO’s play a critical part in developing social welfare
Governmental expertise to society, improving communities, promote program(s) to support
Organizations governments social or political change and promoting government effort(s)
and citizen participation at the grassroots level
international
organizations
4. are constructed Intergovernmental
by states to forum in which
International facilitate governments share
Governmental cooperation IGO’s providing states with forum which experiences in various
Organizations they can use to negotiate conflicts and policy areas and
also useful in a number of ways develop consensus
based policy
recommendations
supported by peer-
review mechanisms
5. determine influencing the transfer
volume and TNC’s are job creators and TNC’s create of soft & hard
nature of trade spill-over effects in developing countries technology, quality &
Trans-National flows, foreign through the procurement of domestic amount of capital
Corporations direct goods and services. formation, growth of
investments and trade opportunities &
financial flows the imprudent of labo