ACTIVITY NO 2

1. In your own words, define the following: Globalization, Anti-globalization

Globalization means the speedup of movements and exchanges (of human beings, goods, and
services, capital, technologies or cultural practices) all over the planet. One of the effects of
globalization is that it promotes and increases interactions between different regions and
populations around the globe.
Anti- globalization, social movement that emerged at the turn of the 21st century against
neoliberal globalization, a model of globalization based on the promotion of unfettered
markets and free trade.

2. What is the difference between Globalization and Globalism?

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.

3. What is Free trade?

Free trade, also called laissez-faire, a policy by which a government does not discriminate
against imports or interfere with exports by applying tariffs (to imports) or subsidies (to
exports).

4. What is tariff?
A tariff is a tax imposed by a government on goods and services imported from other
countries that serves to increase the price and make imports less desirable, or at least less
competitive, versus domestic goods and services. Tariffs are generally introduced as a means
of restricting trade from particular countries or reducing the importation of specific types of
goods and services.

ASSESSMENT NO. 2

Go to your room and do an inventory of everything you have in your possession. Organize
your inventory into two types: first, “things” that are made in the Philippines and second,
those that are of foreign brands. List the countries of origin of your foreign-brand items. Do
the same thing for the kitchen and the living room. These should not include appliances.
Made in the Philippines items. Foreign brand items.
Toy jeepney Pepsodent (America)
Baro’t saya and barong Tagalog Sprite (West Germany)
Hand-held fans Downy (Europe)
Sungka Nestlé (US)
Philippine tsokolate Dove (UK)
Keychains Sunsilk (UK)
Nescafé (US during the Second World War)

REFLECTION

KNOW WANT LEARNED

A term used to describe how Allows companies to find About the

trade and technology have
made the world into a more
connected and
interdependent place.
Globalization also captures
in its scope the economic
and social changes that have
come about as a result
lower-cost ways to produce
their products. It also
increases global
competition, which drives
prices down and creates a
larger variety of choices for
consumers. Lowered costs
help people in both
developing and already-
developed countries live
better on less money.
interconnectedness of people
and businesses across the
world that eventually leads
to global cultural, political
and economic integration. It
is the ability to move and
communicate easily with
others all over the world in
order to conduct business
internationally.