Intro: Quiz fri Flashcards
(33 cards)
What is contemporary world?
About present world, global society, practical lessons about reality
What are the reasons to study contemporary world?
- Help ourselves prepare for future
- Cultural Awareness
- To understand people
- Knowledge is power
- Technological advancement
- To know the realities of outside world
- To improve ourselves
Aspects of contemporary world
- Economic
- Cultural
- Social
- Political
Economic aspect of contemporary world
Resources = important
Most important resources in economic
Money
pros and cons of money
Pros
More money=flexibility
Cons
Difficult to earn
Professional/unprofessional difficulties in earning money
Cultural aspect
Source of life, sense of why, existence (religion), self/social awareness, sense of emptiness
Social aspect
Acceptance to society, norms of society dictates life, too much conformity is not okay
Political aspect
Affect economic and social aspect of life
Issues include:
Social inequality
Gap between poor and rich
Globalization
- Process characterized by changes/transformation in the society
- Multidimensional
- the expansion and intensification of social relations and consciousness across worldtime and across world-space (Steger, 2003)
different aspects of our life (multidimensional)
C,E,S,C,M
Source/causes of transformation
Technological advancement
Causes of technological advancement
Competition of multinational companies
Domination in market =
Profit
Globality
signify a social condition characterized by the existence of global economic, political, cultural, and environmental interconnections and flows that make many of the currently existing borders and boundaries irrelevant.
Planetarity
a new social formation brought about by the successful colonization of our system
Space race by billionaires
Expansion
refers to both creation of new social networks and multiplication of existing connections that cut across traditional political, economic, cultural, and geographical boundaries
Lazada and shopee
Intensification
refers to the expansion, stretching, and acceleration of these networks(Steger, 2003)
Essential Qualities of GLOBALIZATION
- Creation of new and the multiplication of existing social networks and activities that increasingly overcome traditional political, economic, cultural, and geographical boundaries (routes from different countries)
- Expansion and the stretching of social relations, activities, and interdependence
(mcdo all around the world) - Intensification and acceleration of social exchanges and activities
- Creation, expansion, and intensification of social interconnections and interdependencies do not occur merely on an objective, material level
Globalization other definition
- 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 (Giddens, A)
- It compresses the time and space aspects of social relations (Mittelman, J.
- Immense enlargement of world communication, as well as of the horizon of a world market, both of which seem far more tangible and immediate than in earlier stages of modernity.
- Refers both to the compression of the world and the intensification of consciousness of the world as a whole (Robertson, R.)
Globalization (int trade, technology, interaction, integ)
is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology (Carnegie Endowment as cited by Boudreaux, 2008
Integration
the act or process of uniting different thing (Merriam Webster, 2018)
implies the adoption of policies by separate countries as if they were a single political unit (Streeten, 2018).
In Politics Economy Culture Military Entertainment Sports
Interaction
mutual or reciprocal action or influence (Merriam Webster, 2018)
individuals, states, organizations companies and other actors in international community establish relationships and networks and continue to influence each other
Technology
the application of scientific knowledge for practical purposes, whether in industry or everyday lives.