Globalization Flashcards

1
Q

Globalization

A

flows of goods, capital, people and information resulting from a decrease in global constraints on transnational interaction.

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2
Q

Economic globalization/World system theory

A

pessimistic increasing inequalities between countries. WST:Economic integration benefiting certain places over others.

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3
Q

Social globalization/ World polity theory

A

Optimistic; features of modern society gone global; overarching world institutions mean similarity. WPT: Similar institutions emerging around the world in tandem with certain values. (Feminism,education,taxes,)

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4
Q

Cultural globalization

A

Optimistic and pessimistic; trends of cultural imperialism and “glocalization”= global becomes local. Culture transforms something, makes it there own.

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5
Q

Indigenization

A

culture transform

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6
Q

Glocalization

A

Universal trends particularized in a society

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7
Q

Mc. Donalds economic globalization

A

institutions spreads across continents gives rise to indigenous fast food chains, increasing employment.

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8
Q

Mc. Donalds Social glocalization

A

advancement of technology, communication world and fast food moves at fast pace

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9
Q

Mc. Donalds Glocalization

A

conforms to the local culture, franchises are locally owned and buys products from local communities, alterations of the menu to conform to local taste.

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