Module 1 : Introduction to Globalization Flashcards
is a comprehensive process which can be articulated as social system composing of coordinating relationship working together as one.
Globalization
There are three domains of globalization namely: (PEC)
political, economic and cultural.
delves from its historical perspective to the challenges of the state or a country.
Political
What are the four elements of a state? (PTGS)
people, territory, government and sovereignty.
which says that, no one is an island is applicable on the very existence of the state as such that it must interact with other states.
old adage
are geographically separated by mountains and oceans
Nations
involved Western Europe and the United States and was fought in the Atlantic.
World War I
involved Allied and Axis. It is considered to be the bloodiest and the most terrifying war in history because atomic bomb was used in Hiroshima and Nagasaki.
World War II
“Diversification
and globalization
are the keys to
the future.”
Fujio Mitarai
“Too often we
participate in the
globalization of
indifference. May we
strive instead to live
global solidarity.”
Pope Francis
It usually pertains to the integration of national markets to a wider global market signified by an increase in free trade.
Globalization
They refer to the act of opposing trade deals among countries facilitated and promoted by international organizations such as the World Trade Organization (WTO)
Anti-Globalization
refers to the expansion
and intensification of social relations
and consciousness across world-time
and world-space. It is a multi-
dimensional phenomenon involving
economics, politics, culture, ideology,
environment, and technology.
Globalization by Manfred B. Steger
Major areas of Globalization (ECPE)
Economic globalization
Cultural globalization
Political globalization
Ecological globalization
It is the increasing economic interdependence of
national economies across the world through a rapid increase in cross- border movement of goods, services, technology, and capital.
Economic globalization
It is the transmission of ideas, meanings, and values around the world in such a way as to extend and intensify social relations.
Cultural globalization
It is the growth of the worldwide political system, and its institutions in size and complexity.
Political globalization
It accounts for the idea of considering planet Earth as a single global entity – a common good all societies should protect since the weather affects everyone and we are all protected by the same atmosphere.
Ecological globalization
Basic Features of Globalization (TCMD)
Trade and Transactions
Capital and Investment Movements
Migration and Movement of People
Dissemination of Knowledge
Forces of Globalization (HARI)
Advancement of Technologies
Reduction in Cross-trade Barriers
Increase in Consumer Demand
High Competition
It is an ideology based on the belief that people, information, and goods should be able to cross national borders unrestricted.
Globalism
The ideological component of globalization
Globalism
It is the spread of technology, products, information, and jobs across nations.
Globalization
It involves increasing interconnection between people and regions throughout the world.
Globalization
