Contem 1

Cards (16)

  • Globalization
    The process of world shrinkage, of distances getting shorter, things moving closer. It pertains to the increasing ease with which somebody on one side of the world can interact, to mutual benefit with somebody on the other side of the world.
  • What is Globalization?
    • Economy
    • Political systems
    • Culture
    • Social structures
  • What is Globalization?

    • Progress
    • Development
    • Integration
  • Thomas Larsson (2001): '"The process of world shrinkage, of distances getting shorter, things moving closer. It pertains to the increasing ease with which somebody on one side of the world can interact, to mutual benefit with somebody on the other side of the world."'
  • What is Globalization?
    • Broad and inclusive
    • Narrow and exclusive
  • Broad and inclusive globalization
    "...globalization means the onset of the borderless world..." Ohmae (1992)
  • Narrow and exclusive 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 the globalizing world." Robert Cox
  • Globalization
    A transplanetary process or set of processes involving increasing liquidity and the growing multidirectional flows of people, objects, places, and information as well as the structures they encounter and create that are barriers to, or expedite, those flows.
  • Globalization
    The interconnectedness of people and businesses across the world that eventually leads to global cultural, political and economic integration. It is the ability to move and communicate easily with others all over the world in order to conduct business internationally.
  • Defining globalization has a shifting nature, it is complex, multifaceted and can be influenced by the people who define it. Moreover, the issues and concerns involving globalization have a wide range from the individual to society.
  • Solidity
    Barriers that prevent or make difficult the movement of things, can be natural or man-made
  • Liquidity
    The increasing ease of movement of people, things, information, and places in the contemporary world. Liquid phenomena change quickly, their movement is difficult to stop, and they make political boundaries more permeable to the flow of people and things.
  • Flow
    The virtual and physical movement of things around the world, such as foods, global financial crises, illegal migrants, and information.
  • Globalization in the Philippines
    • Global trading and allowing foreign investors
    • Reduce the poverty level
    • Increase labor force for job opportunities
    • Education
  • Advantages of Globalization
    • Peaceful relations
    • Employment
    • Education
    • Product quality
    • Cheaper prices
    • Communication
    • Transportation
    • GDP increase
    • Free trade
    • Travel and tourism
    • External borrowing
  • Disadvantages of Globalization
    • Health issues
    • Loss of culture
    • Uneven wealth distribution
    • Environment degradation
    • Disparity
    • Conflicts
    • Cut-throat competition