Republic of the Philippines

POLYTECHNIC COLLEGE OF BOTOLAN

(Formerly Botolan Community College)
Botolan, Zambales, 2202
E-mail: polytechniccollegeofbotolan@gmail.com
Website: pcbzambales.com

INSTITUTE OF EDUCATION
BACHELOR OF ELEMENTARY EDUCATION
SY: 2022-2023- 2ND SEMESTER
SOC SCI 1 – THE CONTEMPORARY WORLD
PRELIMINARY EXAMINATION

I.ESSAY

Globalization is the procedure if shrinkage of world, getting or making the distance shorter
as well as moving the items or things closer. And it make ease with which someone on single
side of the world could interact.here is just an example of our country's relationship with other
countries. For example, export helpful national economy and expansion of the global market.
Each country is endowed with some gain resources and skills. For example, some country is rich
natural resources, such as fossil fuels, timber manure earth or precious metals and minerals,
while other countries have dificiences in many of those this resource. In addition the some
countries have highly developed infrastructures system educational and capital markets that
allowing them to engage in complex manufacturing and innovative technologies, while many
countries do not. Import and export are important because it makes it easier to exchange
products with other countries. this is important because it helps shorten the distance or
transfer of products. Because of this it is more helpful to know each product of another
country.

II. ARTICLE READING

Globalization is a process of interaction and integration among the people, companies and
governments of different nations, a process driven by international trade and investment and
aided by information technology. Likewise, for centuries people and corporations have invested
in enterprises in other countries.Globalization is a process of rapid flow or movement of peopl,
things, information and products in other directions which is experienced in another world. It
reflects a innovative mechanism to more facilitate the interaction and integration between
those person, compony, country or even international organizations which is accelerated by the
external person and investment with the help of technology and information. Information
technology is a great help in providing information because it makes it easier to communicate
with people to interact in a similar way to business transactions. And the globalization and
because of globalization as a process there is more freedom to trade and achieve basic needs
and wants more easily because of free trade. This process has effects on the environment, on
culture, on political systems, on economic development and prosperity, and on human physical
well-being in societies around the World. The impact of globalization on the economy, the
economy of philippines due to regular and effective trading of products and service in
different parts of the country. The economy is more developed or more free flow of capital,
labor, goods and others from a country. A defining feature of globalization, therefore is an
international industrial financial and business structure.