GLOBALIZATION IS A PHENOMENON
services, and capital across borders, as well as the exchange
The speedup of movements and exchange (of human beings, goods,
and services, capital, technologies, or cultural practices) all over the
world.
Gobalization can be seen as a complex and multifaceted
phenomenon that affects various aspects of society, including the
economy, politics, culture, and the environment
GLOBALIZATION IS A PROCESS
Globalization refers to the expansion and intensification of social
relations and consciousness across world-time and world-space
4 ATTRIBUTES OF GLOBALIZATION
[VIEWED AS A PROCESS]
1. Globalization has various forms of connectivity, such that it
can be economic, political, cultura
2. Globalization allows for the expansion and stretching of social
relations.
3. Globalization intensifies and accelerates social exchanges
and activities
4. Globalization occurs worldwide.
GLOBALIZATION IS A CONDITION
- seen as the state of being globally connected and
interdependent
- It is characterized by the breaking down of barriers and the
blurring of boundaries between nations, resulting in a more
integrated and interconnected world (Dobrea et al., 2021).
- This condition is marked by the increasing flow of goods,
of ideas, information, and culture (Vidová & Sika, 2021).
GLOBALIZATION IS A MULTIDISCIPLINARY
GLOBALIZATION IS AN IDEOLOGY
- globalization can be viewed as an ideology that promotes the
liberalization of markets, the removal of trade barriers, and the
free movement of goods, services, and capital (Griva &
Chryssochoou, 2015).
DIMENSIONS OF GLOBALIZATION
1. ECONOMIC - involves the free flow of goods, services,
capital, and ideas across national borders, leading to
increased economic interdependence among countries
- In the 21st century, economic globalization has been
facilitated by advancements in technology, transportation, and
communication, allowing for faster and more efficient global
trade and financial transactions
- rise of multinational corporations (MNCs)- MNCs operate in
multiple countries, taking advantage of global markets,
resources, and labor to maximize their profits
- increased mobility of labor - Globalization has facilitated the
movement of workers across borders, leading to the
outsourcing of jobs to countries with lower labor costs
- Economic Globalization and 21st century Education -
economic globalization has had implications for education and
workforce development in the 21st century. The demand for
STEM (science, technology, engineering, and mathematics)
skills has increased due to the globalization of industries and
the need for innovation and technological advancements.
Countries are investing in STEM education to develop a
 skilled workforce that can compete in the global economy
(Kelley et al., 2020).

Globalization is basically a mindset

The world is viewed as small.
Globalization means interdependence
Globalization puts Technology in Service of Mankind
Globalization is Inevitable & Irreversible
“You can not stop the advent of an idea whose time has come’
Globalization has Linked Politics with Economics
Globalization means Raised Standards of Living
Globalization Demands and Respects Excellence

A glimpse of history
It is a historical process representing the result of human innovation
and technological progress
Economy as defined
- encompasses all of the activities related to the production,
consumption, and trade of goods and services in an entity,
whether the entity is a nationor a small town. the process or
system by which goods and services are produced, sold, and
bought in a country or region.