CONTEMPORARY Flashcards
(43 cards)
Is a process of expanding various sociocultural and socio- ecological processes from national to international and transcultural level (Al-Rodhan, 2006).
Globalization
is a measurement of flows and interconnections of a country to other global players through exchanges in trade, capital, people, and information (Altman, et al., 2018).
Global Connected Index (GCI)
There is an increasing number of books written about globalization since the end of the _____
1980s
It’s described how to trade and technology have made the world
into more connected and interdependent place. It also captured in its scope the economics,
social, politics changes that come a results.
Globalization
A phenomenon of the collapse geographical boundary of a
country where displacement of a culture and values between one country to another is easy
and fast.It goes fast as information and trading of product
Socio cultural Globalization
Highly reflect inter connected relationship between society
and ecosystems.
Socio Ecological Globalization
Its focus the impact of globalization on inequality, social
and cultural change and the environmental.
Socio economics Globalization
Five Elements of Globalization
● Economical globalization
● Environmental globalization
● Cultural globalization
● Technological globalization
● Political globalization
Positive Effects of globalization
● Increased competition which leads us to lower price and higher price quality product for
consumer to have potential growth economic
● Economic growth,
● Environmental concerns
● cultural homogenization
● Free trade, high investment,
● Technological knowledge
● Access to new market
● Spread knowledge and technology.
Negative Effects of Globalization:
● The greater in the quality, increased consumption reduction in sovereignty erosion of cultural identity and degradation of the environment.
● Because of high technology now a days workers can lose jobs to the countries with low cost labor.
● Globalization hasn’t protected labor, environmental of human rights.
is mainly conceptualized as intensified transference or exchange of things across existing boundaries
(Bartelson, 2000). However, globalization is primarily an
economic process, the drive
toward integration of economies
throughout the world. This is
achieved through trading and
financial flows across countries’
borders (IMF, 2000).
Globalization
is the complex process of expanding of economic activities and economic
market system worldwide.
Example: Netflix, Disney Plus, and many more companies available
worldwide
Local example is Jollibee.
Economic Globalization
is the economic exchanges and deals among countries facilitated by international intermediaries.
Example: Trade of
machineries, capital goods,
clothes, food, and raw
materials.
International Trading
is basically is the import or export of goods in the world.
Example:
Export – Copper, coconut oil
Import – Vegetables, Rice
Global Trading
is where a nation allows itself to have foreign investment.
Capital Movement
can be categorized as commercial loans, official flows, or foreign direct
investment.
Foreign investment
are money lent to foreign
businesses or governments;
Commercial loans
refer to development aid or money
granted by rich countries to developing nations;
official flows
refers to buying or putting
up a firm in a foreign
country or contributing to
the enhancement of an
existing firm.
Foreign direct investment
is where locals travel abroad for better employment.
Example: OFW, Mobile and PC Gamers
Movement of People
In the Philippines, the number of
Overseas Filipino Workers during
the period ___ (Philippine Statistics Authorities, April 2019).
April to September
2018 was estimated at 2.3 million
also affects cultural and political globalization when people are overly dependent on the changes they are
experiencing.
Economic Globalization
refers to the increasing “contact between people and their cultures-their ideas, their values, their ways of life” (Kumaravadivelu, 2008, pg. 33).
Example: K-drama, Type of
Clothing, Genre of music
Cultural globalization
is the enlargement of the international political system and its
establishments, where inter-regional dealings, including trade, are managed.
Example: NATO (The North
American Treaty
Organization): a
multinational political treaty
established after World War
Political globalization
