Globalization Flashcards
1
Q
What is globalization?
A
A process by which world’s local, national & regional economies, societies & cultures become increasingly interconnected
2
Q
Which are some characteristics of globalization?
A
- A stretching of economic/political/social activities
- A growing magnitude of interconnectedness
- An accelerating pace of global interaction
3
Q
Which are the multiple dimensions of globalization?
A
- Economic
- Cultural
- Ecological
- Social
- Legal
- Military
4
Q
What does the ‘Global North vs. Global South’ encompass?
A
-High social sectors are the ones to benefit
