Introduction to globalization

Question 1

Expansion and intensification
of social relations and consciousness across world-time and across world-space.
-Manfred Steger(2013)

Answer 1

Globalization

Question 2

Core aspects of Globalization

Answer 2

Globalization as Economic processes
Globalization as Political processes
Globalization as Cultural processes

Question 3

The increasing linkage of national economies through trade, financial flows, and foreign direct investment by multi-national firms
-Gilpin (2009: 299)

Answer 3

Globalization as Economic processes

Question 4

Two types of economy

Answer 4

Protectionism
Trade Liberalization

Question 5

Protecting one’s economy from foreign competition by creating trade Barriers.

Answer 5

Protectionism

Question 6

countries that undergone protectionism policy

Answer 6

Egypt
India
Canada

Question 7

Reducing trade barriers to make international trade easier between counties.
example Philippines

Answer 7

Trade Liberalization

Question 8

Development of forms of governance that operate at the global scale, whose policies and rules cooperative nations are expected to abide.

Answer 8

Globalization as Political processes

Question 9

As a densely growing network of complex cultural interconnections and interdependencies that characterize modern social life

Answer 9

Globalization as cultural processes

Question 10

The rise of an increasingly homogenized global cultural

Answer 10

Globalization as cultural processes

Question 11

Also known as americanizaztion

Answer 11

Globalization as cultural processes