Urdaneta City University

College of Arts and Sciences

The Contemporary
World
JUANITO G. YABUT JR
CAS Instructor

Your Bright Future Starts Here

Lesson 1:
Globalization
Globalization….
• Exchange information and goods in
an easy way.
• Represents the global integration of
international trade, investment,
information technology, and
cultures.
 World Health Organization define
Globalization:
"the increased interconnectedness and
interdependence of peoples and countries, is
generally understood to include two inter- related
elements:
1. The opening of international borders to
increasingly fast flows of goods, services,
finance, people and ideas;
2. The changes in institutions and policies at
national and international levels that facilitate
or promote such flows.
 Globalization…
• “As the inexorable integration of markets
transportation systems, and communication
systems to a degree never witnessed before - in a
way that is enabling corporations, countries, and
individuals to reach around the world famer,
faster, deeper, and cheaper than ever before, and
in a way that is enabling the world to reach into
corporations, countries, and individuals farther,
faster, deeper, and cheaper than ever before".
(Thomas Friedman)
Globalization…
• “The term globalization should be
used to refer to a set of social
processes that are thought to
transform our present social
condition into one of globality”.
(Manfred Steger )