Professional Documents
Culture Documents
Discussion:
Topic: What is Globalization?
Global Experiences
(Activity No.1)
“Video Analysis” click link https://youtu.be/0AS65cI0pJA,The story
of “Gio, Latif and the Laksa” or read page 2-7 of the attached
file. Use the space provided below.
as an international
Different countries
Growing Inequality
- Globalization can increase inequality throughout the
world by increasing specialization and trade. Although
specialization and trade boost the per-capita income it
may cause relative poverty.
Increasing of the Unemployment rate
- Globalization demands for higher-skilled work with
cheaper price. But countries where Institutions are
relatively weak are not capable of producing highly
skilled workers. As a result, the unemployment rate is
increasing in those countries.
- When many foreign companies invest heavily in developing
countries, they hire employee from that country. In some
cases their salaries are very lower than the other
developed countries. Moreover, the demand for these
employees in developed countries is very low.
Environmental Loots
- The pace of industrialization is increasing as the
result of globalization. Industrialization boosts the
economic growth but it harms environment as well.
Globalization loots from the nature and it harm us very
badly.
2.What is the difference between globalization and globalism?
Explain.
The main difference between globalism and globalization is
that globalism is an ideology based on the belief that
people, information, and goods should be able to cross
national borders unrestricted, while globalization is the
spread of technology, products, information, and jobs
across nations.
VI. REFERENCES:
➢ THE CONTEMPORARY WORLD, Lisandro E. Claudio, Patricio N.
Abinales, Copyright © 2018 by C & E Publishing, Inc., 839 EDSA
South Triangle, Quezon City, Philippines, pp.1-11
➢ https://youtu.be/0AS65cI0pJA