Defining Globalization

• How many textbook definitions of globalization are there in the powerpoint? How many are testimonial?

  2 - textbook, 3 - testimonial definitions
• 1st textbook definition of globalization:

  Globalization refers to the_____________.

  Globalization refers to the increasingly global relationships of culture, people, and economic activity.
• 2nd textbook definition of Globalization:

  Globalization is the_____

  Globalization is the homogenization of people's tastes and demand patterns around the world, due to increased access to international communication of information about products and services as well as increased access to transportation of products and people across borders.
• According to Dhruv Grewal and Michael Levy, what is globalization?

  Globalization is the "Process by which goods, services, capital, people, information, and ideas flow across national borders." (Grewal/Levy)
• According to John J. Wild, Kenneth L. Wild, and Jerry Han, what is globalization?

  Globalization is a "Trend toward greater economic, cultural, political and technological interdependence among national institutions and economies." (Wild/Wild/Han).
• According to Edward S. Herman, what is globalization?

  Globalization is both an active process of corporate expansion across borders and a structure of cross border facilities and economic linkages that has been steadily growing and changing." - Edward S. Herman
• All citations of globalization definition

  Grewal/Levy

  Wild/Wild/Han

  Edward S. Herman