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Republic of the Philippines

MARIKINA POLYTECHNIC COLLEGE


Sta. Elena, Marikina City
GE5 THE CONTEMPORARY WORLD
ACTIVITY 3 A WORLD OF REGIONS
Name: ZHINDY C. CAIGA Instructor: Mrs. Caballero
Course/Year/Section/Major/Set: BIT 1-42 FSM-A Date: 11/20/2023

A. Discuss the following:

1. What are the differences of the Global South from the Third World?
Global South Third World

Modern Terminology: “Global south” was a Historical Origin: “Third Word” was a term
more contemporary and politically correct that originated the cold war, categorizing
term use to describe economically and countries that did not align with either the
socially disadvantaged regions. western (First world) or eastern (Second
world) blocs.
Economically Development: it refers to
countries with lower income levels, often Origin: It initially described countries that
characterized by a lack of access to resources were not part of the industrialized capitalist
and economic opportunities or communist bloc and it often implied
underdevelopment.
Geographical Flexibility: the global south
encompasses a wider geographical range, Limited Geographical Scope: The term third
including countries in Latin America, Africa, world had a more limited geographical
Asia, and Oceania. scope, typically referring to countries in Asia,
Africa and Latin America.
Focus in Inequality: It highlights disparities in
wealth, development, and access to
resources, aiming to address global
economic imbalances.

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Republic of the Philippines
MARIKINA POLYTECHNIC COLLEGE
Sta. Elena, Marikina City

2. What are the differences between Regionalization and globalization?


Regionalization Globalization

-Regional integration of countries that -Globalization integration of national trade of


divided into areas called segments investments, technology, and culture

-Less promotion of culture - More production of culture

-Promote domestic product -Foreign direct investments

3. How do Asian States confront the challenges of globalization and regionalization?

Asian states use infrastructure development, education, cultural diplomacy, economic


integration, and diplomatic alliances to address the problems posed by regionalization and
globalization. As they participate in international markets, they modify policies to protect
domestic interests. Economic growth is driven by investments in innovation, technology, and
sustainability. Infrastructure development and regional security cooperation are essential
elements of their approach. The particular strategy differs according to the particular needs and
conditions of every nation.

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