PDF Document 5
PDF Document 5
PDF Document 5
this?
Have you
tried to
listened to
songs in
Spotify or
Youtube
Music?
Do you
have an
account
on these?
Do you
have
things
from
foreign
brands?
Lorenz is a college student. He drinks Milo with his
usual corned beef, egg, and rice for breakfast every
school day. While eating, he watches Cartoon
Network on cable TV to make his morning light.
Afterwards, he rushes to brush his teeth using
Colgate. Then, he is good to go. Once inside the
university campus, he sends an I-am-at-school
message to his mom using his new iPhone X.
Likewise, he sends his “Hi” message to his special
friend via his Samsung Galaxy S9. More so, Lorenz
and his friends love to wear Vans shoes and use
Vans schoolbags. They love to hang out in their
favorite fast food store, McDonalds, and happily eat
their favorite burger, chicken nuggets, and Coke
float. He talks to his dad who works in Dubai via
Skype on Monday, Thursday, and Saturday nights.
The
Contemporary
World
INTRODUCTION TO
GLOBALIZATION
INTRODUCTION TO
GLOBALIZATION
Learning Objectives
Example:
Example:
Brazilian World Cup: Today’s media combine conventional TV coverage with
multiple streaming feeds into digital devices and networking sites that transcend nationally
based services.
2. Globalization is reflected in the expansion and the stretching of social
relations, activities, and connections.
Example:
Emergence of gigantic and virtually identical shopping malls in all continents to cater
to consumers who can afford commodities all over the world-including products whose
various components were manufactured in different countries. This process is called
social stretching.
Attributes, Qualities or
Characteristics of Globalization
3. Globalization involves the intensification and acceleration of social exchanges and
activities.
Example:
Sophisticated social networking by means of Facebook or Twitter has become
routine activity for more than a billion people around the globe.
4. Globalization processes do not occur merely or an objective, material level but they
also involve the subjective plane of human consciousness. Without erasing local and
national attachments, the compression of the world into a single place has
increasingly made global the frame of reference for human thought and action.
Historical Periods of
Globalization
1. The Prehistoric Period (10000 BCE-3500 BCE)
• In this earliest phase of globalization, contacts among hunters and
gatherers – who were spread around the world – were geographically
limited. In this period due to absence of advanced forms of technology,
globalization was severely limited.
• Trading Systems
IMF (International Monetary Fund)
Consisting of 190 countries
Its stated mission is "working to foster global monetary cooperation,
secure financial stability, facilitate international trade, promote high
employment and sustainable economic growth, and
reduce poverty around the world.
World Bank
is an international financial institution that provides loans and grants
to the governments of low- and middle-income countries for the
purpose of pursuing capital projects