Cabal, Jessa Mae C.

BSBA-1E

Activity 3 - Learning Insights (The End of Globalization)

We benefited greatly from globalization. In many regions of the world, people overcame
poverty and improved women's roles, wage equality, and access to education. Additionally, it
has changed how we live. But since we took it for granted, globalization is now on its deathbed.
Government incompetence and unresolved issues are to blame for the current global financial
crisis. COVID-19 showed weaknesses in globalization, where leaders and leading nations lack
cooperation to save the world, which causes an inadequate response to COVID-19 and the
hacking of vaccination programs. Now, we're leaving this era in which economic goals and
geography are the basis of a connected world trying to become smaller and closer. I learned
that the new world order is defined by rival ideologies, wherein large regions of the world
perceive the problem from a values-based point of view based on their different competing
views. Second, collaboration and cooperation, when distant and diverse countries come
together based on a shared value and sign up for a government that promotes ecological,
human well-being, and economic progress—government policy is more than just GDP. Lastly,
small countries and city-states forge new alliances to resolve problems through geopolitical
micro-powers, strategic planning investments, and global financial centers. Therefore, these
nations and their populations, as well as the opportunity they have to create new civilizations,
represent the future and the promise of the new global order as globalization comes to an end
and chaos appears to rule.

As a student, I can apply these learnings by not taking the privileges I have right now for
granted. This pandemic caused many students to stop attending school due to financial
difficulties. That's why I am grateful for the privilege of me continuing my study and putting up
my best effort to learn so that the tuition that my parents are paying will not go to waste. I can
also put what I've learned by choosing which people to be my role model and which connections
to build. The one who has shared values, wherein they can make my social and competitive
behavior better through their actions and help me in making wiser decisions. And the one whose
works I may use as inspiration so I can improve myself.