Globalization Flashcards
(9 cards)
Globalization
flows of goods, capital, people and information resulting from a decrease in global constraints on transnational interaction.
Economic globalization/World system theory
pessimistic increasing inequalities between countries. WST:Economic integration benefiting certain places over others.
Social globalization/ World polity theory
Optimistic; features of modern society gone global; overarching world institutions mean similarity. WPT: Similar institutions emerging around the world in tandem with certain values. (Feminism,education,taxes,)
Cultural globalization
Optimistic and pessimistic; trends of cultural imperialism and “glocalization”= global becomes local. Culture transforms something, makes it there own.
Indigenization
culture transform
Glocalization
Universal trends particularized in a society
Mc. Donalds economic globalization
institutions spreads across continents gives rise to indigenous fast food chains, increasing employment.
Mc. Donalds Social glocalization
advancement of technology, communication world and fast food moves at fast pace
Mc. Donalds Glocalization
conforms to the local culture, franchises are locally owned and buys products from local communities, alterations of the menu to conform to local taste.