Globalization Part 1 Flashcards
What are the 7 aspects of globalization?
- Financial Globalization
- Economic Globalization
- Technological Globalization
- Political Globalization
- Cultural Globalization
- Ecological Globalization
- Sociological Globalization
It is a growing belief that we are all global citizens and should all be held to the same standards and have the same rights
Sociological Globalization
What is Ecological Globalization?
Seeing earth as a single ecosystem rather than a collection of separate ecological systems because so many problems are global in nature
Merging or “watering down” of the world’s cultures e.g. food, entertainment, language, etc
Cultural Globalization
What is Political Globalization?
Countries are tempting to adopt similar political policies and styles of government in order to facilitate other forms of globalization
What is Technological Globalization?
- The connection between nations through technology such as television, radio, telephones, internet, etc.
- Was traditionally available only to the rich but is now far more available to the poor. Much less infrastructure is needed now.
A worldwide economic system that permits easy movement of goods, production, capital and resources (free trade policies)
Economic Globalization
Interconnection of the world’s financial system e.g. stock markets
Financial Globalization
Definition of Globalization
Broad and Inclusive
This definition includes a variety of issues and opportunities where different sectors may participate
“Globalization is the process of integrating nations and peoples—politically, economically, and culturally—into a larger community”
Definition of Globalization
Narrow and exclusive
Focuses on 1 aspect of globalization
“The characteristics of the globalization trend include the internationalizing of production, the new international division of labor, new migratory movements from South to North, the new competitive environment that accelerates these processes, and the internationalizing of the state… making states into agencies of globalizing world”
Berkens definition of globalization
“The world-wide interconnectedness between nation-states
becomes supplemented by globalization as a process in which
basic social arrangements (like power, culture, markets, politics,
rights, values, norms, ideology, identity, citizenship, solidarity)
become disembedded from their spatial context (mainly the nation-
state) due to the acceleration, massification, flexibilization, diffusion
and expansion of transnational flows of people, products, finance,
images and information (p.13)
Giddens definition
Globalization can be defined as the intensification
of worldwide social relations which link distant
localities in such a way that local happenings are
shaped by events occurring many miles away and vice
versa.
Thomas larson
"”the process of world shrinkage, of distances getting
shorter, things moving closer. It pertains to the
pertaining ease with which somebody on one side of
the world can interact, in mutual benefit with
somebody on the other part of the world
The Homogeneity of Globalization
the increasing sameness in the world as cultural inputs
economic factors, and political orientations of societies
create common practices, common economies and
common government.
Heterogeneity of Globalization
pertains to the creation of various cultural practices, new
economies and political groups because of the interaction
are different elements from different societies of the world
