Nava Drew Zyron B.

ACTCY11S1

PRELIM ASSIGNMENT: THE IMPACT OF

GLOBALIZATION

A. ECONOMY

Philippine households are in disaster scenario nowadays. What influences them

isn't only a be counted of inner dating modifications however a be counted of
each inner and outside pressures which can be resulting from globalization.
Globalization is an overarching worldwide device shaping the home politics and
overseas family members of absolutely each united states. It describes the
political, financial, and cultural surroundings of nowadays that consists of
militarization. Specialists say that globalization refers back to the growing
integration of economics round the arena, specifically via exchange and
monetary flows. This integration of economics is worried greater at the inclusion
of human beings of all races on an same foundation in a international-huge view
of residing in a shared international community. But we ought to additionally
placed into attention that it can additionally talk to the motion of human beings
from which we may want to extract hard work, know-how from the ever growing
improvements in technology and technology, cultural, political and
environmental dimensions of globalization. With globalization in hand, there
could be an extension past country wide borders of the identical marketplace
forces which have operated for hundreds of years in any respect stages of human
financial activity. We may want to not say that financial exchange, development,
and possibilities of 1 to having to percentage some thing with the arena is
constrained to simply country wide and neighborhood borders. In globalizing the
arena, it'd imply taking over a few dangers and possibilities of both prevailing or
dropping in a international wherein there's greater opposition withinside the
area of financial boom and development. Economic Globalization is some thing
that has been with the human race ever because the international has begun.
From neighborhood to international, we may want to characteristic this to the
end result of human innovation and technological development. Globalization
from the phrase international method spreading at some stage in the arena, in
different phrases spreading international-huge. The ambitions of getting a
‘globalized community’ is to have interdependence of the whole international
and its human beings from every different with issue for the relaxation of the
arena on the fee of country wide self-improvement and self-interests.

Globalization is the method via way of means of which nations engage with
every different. It is boom to a international or international scale. It is the
procedure of interplay and integration some of the human beings and authorities
of various nations, a procedure pushed via way of means of worldwide exchange
and funding and aided via way of means of statistics technology. In easy terms,
it's far the glide of money, goods, statistics, and those in growing pace and
importance of motion. The globalization of the Philippines, in my opinion, has
grown because the improvement of the united states. There are a whole lot of
technological and international advances which have long gone on withinside the
Philippines and I experience that if this united states keeps to development on
this direction, it'll in the end attain the dreams which have been set. Globalization
has been very powerful withinside the Philippines. There were main
modifications withinside the economic system considering that 1995 whilst the
Philippines took component in signing agreements with World Trade
Organization. There were modifications withinside the united states consisting of
greater hard work and greater agencies which have emerged to assist the
economic system. Globalization has been swiftly growing withinside the
Philippines ever because the have an impact on of the USA at some stage in
World War II. Globalization has a large effect to almost each issue of lifestyles in
this contemporary technology. Globalization refers back to the motion in the
direction of a without boundary lines international and the interdependence of
worldwide economies. In different phrases, we are able to don't forget
globalization as an financial integration of the arena via the extra trading,
investments, advertising and marketing needs and the dispersion of technology.
It includes different components of lifestyles consisting of replacing mind and
thoughts from all around the international and a number of the human beings
also are shifting to different nations. However, the rate of globalization varies
from state to state and zone to zone. Generally, globalization now no longer
handiest may be visible withinside the financial activities, it is also the
proliferation of technology wherein communications and distribution networks
have become sizable in human beings’s lifestyles. The place that surrounds
globalization in our cutting-edge technology includes Industrial, monetary,
political, statistics and cultural globalization. Our international has acquire higher
boom amongst some of these regions and globalization has turn out to be greater
obvious with the intensification of the extra worldwide motion of commodities,
money, statistics, human beings and the improvement of technology,
organizations, criminal systems, and infrastructure. This has resulted withinside
the life of positive styles withinside the international marketplace, as visible
economically, culturally, technologically, in addition to legally.

Since the improvement of globalization withinside the Philippines, there were

many blessings which have passed off due to it. These matters are very useful
due to the fact they assist the economic system develop each day. Some of those
blessings of globalization are: High stages of education, export-orientated
agricultural zone that has generated greater than enough overseas exchange, and
due to the economic zone boom, the Philippines has one if the very best in line
with capita earning in Southeast Asia. Along with the blessings, there have
additionally been risks of globalization withinside the Philippines. There are over
eighty million human beings that stay withinside the Philippines and 60% of that
populace stay in poverty. The economic system is doing well, however it's far
nonetheless now no longer as much as par on the subject of different nations. As
a end result, those different risks occur: Not many jobs, starvation and struggling
some of the decrease class, and the economic system is majorly agricultural, so if
some thing occurs wherein plants can't be grown and produced, the economic
system would possibly suffer. Globalization has far-achieving implications on
peoples’ lives and livelihood. It has a few proper and superb results, however, the
terrible outweighs them. In the Philippines, globalization worsens the already
negative scenario of the masses. It sends tens of thousands and thousands of
Filipinos to paintings on a international level wherein there's scarcity of laborers,
skilled, home and expert workers. This is due to unemployment and
underemployment introduced approximately via way of means of structural
modifications withinside the united states. Globalization has transformed rice
lands, water and ancestral area of indigenous peoples to multi-country wide
agencies for export merchandise, high-tech fishing and mining operations,
respectively. Farmers and fisher parents pass empty-handed, hungry and broadly
speaking indebted even as indigenous peoples wander to exist. The import
liberalization coverage has destroyed the home economic system because it
keeps the closure of small and medium enterprises. It reasons Filipinos to eat
inexpensive import merchandise and their very own merchandise left unsold or
bought at a miles inexpensive price. Globalization permits privatization of social
institutions (schools, hospitals and different social centers) and services (water
and light), which are a good deal wanted via way of means of the negative
majority. Globalization permits overseas militarization into the united states to
combat the so-referred to as international terrorism. This threatens human
beings, destroys nature and lifestyles in place of construct peace and justice. The
results of globalization are felt international and, unhappy to say, the Philippines
is at the dropping side.