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    Globalization

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    Globalization can be described as the increasing interconnectedness of the world's systems and the unification of people into a single global society. It involves the integration of financial markets, free movement of goods and resources through trade, the spread of technology enabling global communication, the adoption of similar political and economic policies worldwide, and the merging of cultures through shared media and products. While globalization can increase access to goods and spread ideas, it may also negatively impact local economies and cultural identities through the dominance of large corporations and Western influence.

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    Globalization

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    Globalization can be described as the increasing interconnectedness of the world's systems and the unification of people into a single global society. It involves the integration of financial markets, free movement of goods and resources through trade, the spread of technology enabling global communication, the adoption of similar political and economic policies worldwide, and the merging of cultures through shared media and products. While globalization can increase access to goods and spread ideas, it may also negatively impact local economies and cultural identities through the dominance of large corporations and Western influence.

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    Globalization can be described as the increasing interconnectedness of the world's systems and the unification of people into a single global society. It involves the integration of financial markets, free movement of goods and resources through trade, the spread of technology enabling global communication, the adoption of similar political and economic policies worldwide, and the merging of cultures through shared media and products. While globalization can increase access to goods and spread ideas, it may also negatively impact local economies and cultural identities through the dominance of large corporations and Western influence.

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    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    58 views25 pages

    Globalization

    Uploaded by

    api-240746852
    Globalization can be described as the increasing interconnectedness of the world's systems and the unification of people into a single global society. It involves the integration of financial markets, free movement of goods and resources through trade, the spread of technology enabling global communication, the adoption of similar political and economic policies worldwide, and the merging of cultures through shared media and products. While globalization can increase access to goods and spread ideas, it may also negatively impact local economies and cultural identities through the dominance of large corporations and Western influence.

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    Globalization

    What is Globalization?
    The trend toward greater interconnectedness of the worlds systems.

    It can be described as a process by which the people of the world are unified into a single society and function together.

    What is Globalization?
    Globalization is an ongoing, evolving process. Its ultimate impacts are as of yet unclear. There is NOT one form of globalization. Each will occur separately or in combination with another.

    Financial Globalization
    Interconnection of the worlds financial systems (Stock Markets) More of a connection between large cities than of nations i.e. What happens in Asian markets affects the North American markets

    Economic Globalization
    A worldwide economic system that permits easy movement of goods, production, capital, and resources (free trade facilitates this) Example: North American Free Trade Agreement, European Union, Multinational corporations

    Technological Globalization
    Connection between nations through technology such as television, radio, telephones, internet, etc. Was traditionally available only to the rich but is now far more available to the poor. Much less infrastructure is needed now.

    Political Globalization
    Countries are attempting to adopt similar political policies and styles of government in order to facilitate other forms of globalization i.e. move to secular governments, free trade agreements, etc.

    Cultural Globalization
    Merging or watering down of the worlds cultures i.e. food, entertainment, language, etc. Heavily criticized as destructive of local culture e.g. The Simpsons is shown in over 200 countries in the world.

    Ecological Globalization
    Seeing the Earth as a single ecosystem rather than a collection of separate ecological systems because so many problems are global in nature i.e. International treaties to deal with environmental issues like biodiversity, climate change or the ozone layer, wildlife reserves that span several countries

    Sociological Globalization
    A growing belief that we are all global citizens and should all be held to the same standards and have the same rights i.e. the growing international ideas that capital punishment is immoral and that women should have all the same rights as men.

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    Article Globalization A View from Below


    Explain the six concepts of geography as they relate to this article. You should try and find as many examples of each of the six concepts as you can.

    Living in a Global Village


    Global Village is a term that describes how the globe has been reduced to the size of a village as a result of increasing technology and the transfer of information. The increased speed by which we are able to communicate with people and react to news and information from around the world mirrors the way in which people would interact with others in a small village.

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    Living in a Global Village


    Key concepts: technology is making the world seem smaller we know more about what is going on in other parts of the world much more quickly

    trade and transportation has become much easier and more efficient

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    Marshall McLuhan
    He coined the term Global Village http://www.youtube.com/watch?v= HeDnPP6ntic http://www.youtube.com/watch?v= K8J6uEUXlR0

    Questions:
    1. Think about events that have happened or are happening in the World that affect our lives as Canadians. Give two examples of how you or someone else is affected. Discuss with a partner. 2. What devices or items do you use or consume that would support Marshall McLuhans idea of a Global Village? Discuss as a class.

    Video Global Village


    http://www.cultureunplugged.com/documentary/watchonline/festival/play/7106/Global-Village-or-Global-Pillage While watching this take notes of the Pros and Cons of a Global Village.

    Economic Aspect - Pros


    Employees of a transnational corporation may be well paid compared to other workers in the country Increased investment in developing countries stimulates their economies Free trade between nations is established countries can produce to its strengths and import the goods it needs without the threat of tariffs A wide range of products are available at affordable prices due to free trade Sharing of technological innovations is fast and fair

    Economic Aspect - Cons


    Jobs are being outsourced from developed countries to less developed countries resulting in higher unemployment Transnational corporations may have fewer environmental regulations to follow and can pay lower wages they can shop around for best options Corporate headquarters are usually located in the USA or western Europe resulting in resentment in the accumulation of economic power
    Transnational corporations are becoming so large they are beyond the power of smaller governments
    Economies are linked due to trade economic hardship in one country will more greatly affect other nations Cultural identity is lost due to mass use of western consumer products and entertainment Profits usually do not stay in developing countries they are returned to developed world

    Cultural Aspect - Pros


    Globalization of communications sees great quantities of information shared around the world
    The best of cultures can be shared and understood on a global scale There is more influx of information between two countries, which do not have anything in common between them

    There is cultural intermingling and each other is trying to know about the others cultural preferences and in the process of doing so, we are actually coming across things that we like and in the course of time adopt it

    Cultural Aspects - Cons


    A small number of private media companies decided what information is to be shared and shape public opinion through sensationalization (bias)
    Media and entertainment impact is westernizing other cultures There are some experts who think that globalization; along with the positive aspects is also leading to the incursion of negatives like communicable diseases and social degeneration

    Political Aspect - Pros


    Gradually there is a world power that is being created instead of compartmentalized power sectors. Politics is merging and decisions that are being taken, are actually beneficial for people allover the world Since we share financial interests, corporate and governments are trying to sort out ecological problems for each other

    International agreements are working towards trying to protect the environment from pollutants that cause global warming, destroying ecosystems, and increasing acidity levels in seas and oceans Communications allow for the message of political freedom tyranny in the for of democracy to spread globally

    Political Aspect - Cons


    For nations that are at the receivers end are also giving up the reins in the ends of a foreign company which might again lead to a sophisticated form of colonization Human rights violations hurt countrys reputation on a global stage and may dissuade investors from looking to country

    Class Discussion Questions


    Do you think technology has a positive or negative impact on our World? Do you think we should import goods made in countries that do not have strong labour laws protecting their workers? Downloading music and movies from the internet has become common practice for many people. Do you think people should be able to download for free?

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    References
    http://schoolworkhelper.net/types-of-globalization/

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