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GLOBALIZATION

Refers to a set of social processes that are thought to


transform our present social condition into one globality
Characteristics of
Globalization
1. Globalization involves the creation of new and the multiplication or existing social
networks and activities that increasingly overcome traditional, political, economic, cultural
and geographic.
2. Expansion and stretching of social relations, activities and
interdependencies.
3. Globalization involves the intensification and
acceleration of social exchanges and activities.
4. Involves the subjective plan of human conciousness of growing
manifestations of social interdependence and social interactions.
Advantages of
Globalization
1. Globalization improves productivity

• globalization improves domestic productivity by expanding knowledge.


Allowing foreign imports increase competition, which forces innovation
in order for companies to stay in demand.
2. Globalization has lowered prices
• the free movement of goods and people has brought overheads down and
allow companies to sell products more cheaply
3. Globalization promotes peace
• the deeper the economic ties between nations, the greater the incentive to
avoid conflict
4. Globalization has improved access to
technology
• in a hyper-connected world, new technologies spread faster between
markets
5. Globalization creates job
• economic liberalization has made it easier for companies to relocate,
allowing them to rapidly scale up and create new jobs
Effects of
Globalization
1. Increase of interactions
2. Removes cultural barrier
3. Be able to be multilingualism
4. Defeating language barrier
5. Develop a global village
6. Creates close relationship

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