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Introduction To Globalization
Introduction To Globalization
GED 104
THE CONTEMPORARY WORLD
INTRODUCTION TO
GLOBALIZATION
Process in which
people, ideas and
goods spread
throughout the
world, spurring more
interaction and
integration between
the world’s cultures, GLOBALIZAT
▪ Process of interaction and
integration among the people,
companies, and governments
of different nations;
▪ a process driven by international
trade and investment and aided by
INFORMATION TECHNOLOGY
It has effects on the
environment, on
culture, on political
systems, on
economic
development and
prosperity, and on
human physical
well-being in societies
Globalization
is about
growing
WORLDWID
E
CONNECTIVI
TY
Today’s
globalization is
farther, faster,
cheaper, and
deeper in
compared to
earlier wave of
globalization
Many governments
One principal
have adopted
driver of
free-market globalization is
economic Technology.
systems, vastly Economic life is
increasing their own dramatically
productive potential
transformed by
and creating myriad
advancement in
new opportunities for
international trade information
and investment. technology
According to the International Monetary
Fund (IMF)
Globalization is the growing
economic interdependence
of countries worldwide
through increasing volume
and variety of cross border
transactions in goods and
services.
Globalization is
an expansion,
and
intensification of
social relations
and
consciousness
across world
time and world
space. It is about
Manfred B. growing
Steger worldwide
connectivity
Attributes,
Qualities or
Characteristi
cs of
Globalizati
on
1
It involves both the
creation of new social
networks and the
multiplication of
existing connections
that cut across
traditional, political,
economic, cultural,
and geographical
boundaries.
Globalization is reflected in the expansion
and the stretching of social relations,
activities, and connections.
2
SOCIAL
STRETCHING
Covered in the process of social stretching are:
A. Non-governmental organization
B. Commercial enterprises
C. Social clubs
D. Regional & global institutions
and associations
(UN, EU, ASEAN, Google and others)
3
Globalization
involves the
intensification
and
acceleration of
social
exchanges
Globalization processes
also involve the
subjective plane of
human consciousness. 4
Historical Periods of
Globalization
THE PREHISTORIC
PERIOD
(10000 BCE-35)
❑ Contacts among hunters and
gatherers – who were spread
around the world – were
geographically limited;