Professional Documents
Culture Documents
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TOPIC LEARNING OUTCOMES:
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ECONOMIC GLOBALIZATION
The process of integration of the national economies of the world, as a result of the growing scale of cross-border trade of commodities
and services, flow of international capital and wide and rapid spread of technologies. (UN, 2000) It is also manifested in the
establishment of the World Trade Organization (WTO), a multilateral association of countries which aim to spur the growth of free trade
of goods and services between countries.
POLITICAL GLOBALIZATION
Refers to the increasing interdependence and cooperation between countries. Historically, this process of political globalization has
been ongoing since the early 20th century, when the League of Nations was first established after World War I to avert future conflicts.
Presently, today’s United Nations (UN) is the paramount international political organization. Cooperation and interdependence have
been pushed further towards integration in Europe with the establishment of the European Union (EU).
CULTURAL GLOBALIZATION
The process in which separate, distinct national cultures interact and harmonize. However, the process of globalization of culture was
not without friction, and a root cause of much social conflict and xenophobia.
SOCIAL GLOBALIZATION
Social or sociological globalization is the idea that has already evolved to a stage where distinctions between societies had already been
diminished or diminishing, which results in a formation of a homogenous, worldwide society.
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SILK ROAD
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INDUSTRIAL REVOLUTION
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The so-called “First Wave” of globalization started during the era of the Industrial Revolution, which saw the rise of
Great Britain and the British Empire as the world’s superpower at the time.
• Globalization is defined primarily on economic grounds; however, it is more than just economic concepts It is also
manifested in world political structures and processes.
• The process of globalization has evolved throughout the history of the world. It is not a simple phenomenon which just
came out of nothing, nor it is an era confined within modern times.
• Globalization is an ongoing process, which manifests today and felt by each individual.
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TOPIC LEARNING OUTCOMES:
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PAN AMERICAN WORLD AIRWAYS: Aviation
Pioneer
• History tells us that the aviation industry has a big role in the continuing trend towards global interconnectedness. This
was further enhanced with the improvements such as jet airliners.
• Aircraft production has evolved as aircraft manufacturers take on the many challenges of this global era. From a purely
national industry, aircraft manufacturing processes have now been global in scope.
• Globalization, despite its positive developments, had not been beneficial to all. Free competition had led to rising costs
and even bankruptcy of some of the world’s largest airlines, as shown in the case of Pan Am.
• It is important for you as aviation workers and professionals to know and understand the significance of globalization
and its continuing trend.
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