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FIVE COMPONENTS

OF GLOBAL
INTERCONNECTED
NESS
Globalization means…
• Learning the history of the world to be able to fully
grasp its depth and dimension.
• Fast paced lifestyle and in as much as eliminate
barriers that will slow down education, health,
communication, travel, business, defense, and
among others.
• Updating and improving the structure of every
department to secure sustainable development.
FIVE COMPONENTS OF
GLOBAL
1. ECONOMY
INTERCONNECTEDNESS a. Trade
b. Finance
c. Foreign Aid
2. POLITICS
3. MIGRATION
4. IDEAS
5. ENVIRONMENT
1
ECONOMY

The process or system by


which goods and services are
produced, sold, and bought in a
country or region.
1
ECONOMY (TRADE)
• Trade is the interchange of
goods and services among the
economies of various nations.
• The impact of increasing trade
openness depends critically on
the relationship between trade
reforms and other reforms and
contemporary actions at the
national and international level.
1
ECONOMY (FINANCE)

• Global finance is translated as


capital flow through the
exchange of financial
instruments or assets among
nations by public or private
entities.
1
ECONOMY
(FOREIGN AID)

• Is a transmission of funds in a
form of loans or grants or may
be in combination of both as
well as includes the giving
“technical assistance or
capacity building”.
2
POLITICS

• Global politics take roots not


in the old-fashioned
geopolitical matter but largely
on the social, economic, and
ecological issues.
3
MIGRATION
• Migration can be a
provisional or a permanent
transfer of residence among
individuals between nations.
• It is a gateway to find
employment, study, or run
away from difficult political
circumstances.
3
MIGRATION
Classifications of Migrants
• Permanents immigrants
• High-and-low skill workers
• Asylum applicants
• Refugees
• Undocumented individuals
• Visa free migrants
• Students
4
IDEAS
• The most powerful tool that
shapes development is ideas being
a passageway of transmitting
and handing intellectual
formations in any endeavor that
will affect the production of
systems, managerial and structural
activities, governance, in the legal
arena and the trends in
technology.
5
ENVIRONMENT
• Globalization also takes watch of
managing nuclear power and
prevention of acid rain, avoiding
overspill from environmental
destruction from one state or known as
environmental refugee, protecting
against oceans and atmosphere from
pollution and degradation, maintaining
ecological system from various parts of
the world, moving toxic discards and
global transfer of dirty factories, creating
global companies, administration,
networks and contracts that contribute
to manage safety for the environment.
FILL IN THE CHART: 5 COMPONENTS
OF GLOBAL INTERCONNECTEDNESS
COMPONENT DESCRIPTION EXAMPLES

ECONOMY

POLITICS

MIGRATION

IDEAS

ENVIRONMENT

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