CONTEMPORARY WORLD-FINALS

Name: MENDOZA, Michelle M. Date due: May 14, 2021

1. What are the impacts of globalization in the following aspects:
BRIEFLY-
A. Economic
1. Consumers benefit from lower prices as a result
of globalization.
2. As a result of globalization, people's working
conditions have developed.
3. Globalization is both a driving force and a
significant consequence of global economic
growth and industrial productivity.
4. They also have significant environmental
consequences because they contribute to
biodiversity loss, soil erosion, ecosystem
degradation, and biodiversity loss.
5. globalization reflects the continuing expansion
and mutual integration of market frontiers
B. Political
1. Capital's growing power reduces the incentives
for cross-class compromise, making social
democracy less likely.
2. Globalization, these observers assert, undermines
the sovereign state not only by reducing the
resources under national control for shaping
economic and social outcomes, but also by
reducing government legitimacy and authority in
the eyes of the public.
3. The collapse of the Soviet Union has resulted in
the United States gaining control of the global
system and international relations.
 4. Power and interests become the defining features
of interstate interactions in political
globalization.
5. Globalization and democracy.
C. Social
1. The effect of social globalization on overweight
may thus be analogous to the effect of
urbanization on various technologies, which may
be associated with either a reduction in energy
expenditure over time or with an increase in
energy expenditure over time.
2. with more abundant supply and consumption of
cheaper, higher calorie foods
3. increased a population's perception of the
supposed benefits of foreign lifestyles
4. social globalization affects a person’s lifestyle
5. it may increase a country’s aspects based on the
popular films, books and TV series that may
attract possible outcomes.
D. Cultural
1. Globalization poses a threat to cultural and local
languages.
2. Globalization's complexities take on decisive
dimensions, particularly in terms of its effects on
labor migration from the South to the North.
3. English dominance may contribute to the
emergence of a global and intercontinental
culture that may wipe out traditions, customs,
and values of many societies while marginalizing
their cultures.
4. Cultural globalization is defined by the
convergence of business and consumer cultures
across the globe, as well as the expansion of
international communication.
 5. involves the development of shared norms and
knowledge with which people associate their
individual identities
E. As a Student
1. changing the roles of students and teachers, and
causing a societal shift away from
industrialization and toward information
2. for higher education, because there is a need in
business and industry for people who can work
with people from different nations and cultures
and, if necessary, travel internationally to
promote their business
3. Globalization improves students' ability to
acquire and apply knowledge.
4. Globalization improves learners' ability to
access, evaluate, adopt, and apply knowledge, to
think independently in order to exercise
appropriate judgment, and to collaborate with
others in order to make sense of new situations.
5. It encourages students to work in groups, and the
ability to work closely in groups
F. As a consumer
1. Globalization and its accompanying changes and
trends are visible in the sphere of consumption,
primarily through the introduction of new forms
of consumption and consumption behaviors, the
development of new products, new sales outlets,
and new needs, the alteration of consumption
habits, trends, and lifestyles, and an increase in
consumer activity on the market.
2. This increased specialization allows for lower
average costs and lower price inflation.
3. More access to more range of markets for the
producers and more beneficiaries on the
consumers.
4. Can affect the buyers to invest more to the
products for a low price
 5. helps the buyers to lessen some other bills when
it comes to buying products in the market.
G. As a Citizen of this country
1. helps the country to increase the productivity rate
and barter things in the market for a low price.
2. It provides the other countries the product and
helps the producers to earn more.
3. Following the implementation of FX
liberalization reforms, trade openness and
foreign portfolio flows have contributed to
higher per capita GDP growth in the Philippines.
4. companies, labor force, and distribution of gains
for development
5. Globalization's macroeconomic policy and
redistributive effects in the Philippines