Introduction To Globalization Flashcards
the process in which people, ideas and goods spread throughout the world, spurring more
interaction and integration between the world’s cultures, governments and economies
Globalization
a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.
Globalization
across Central Asia that connected China and Europe during the Middle Age for thousands of years
Silk Road
There is an increase cross boarder- trade, investment, and migration due to policy and technical development
First World War (1914)
Is farther, faster, cheaper, and deeper in compared to earlier wave of globalization
Today’s Globalization
the years since the Second World War, and especially during the past two decades, many governments have adopted__________________
vastly increasing their own productive potential and creating myriad new opportunities for international trade and investment.
Free-market economic systems
One principal driver of globalization
Technology
Government also have negotiated dramatic reduction in barriers to commence and have established international agreements to promote trade in goods, services, and investment.
Free-market economic system
The process of integration of economies across the world through cross-boarder flow of factors, production, and information
Globalization
expansion, and intensification of social relations and consciousness across world time and world space. It is about growing worldwide connectivity according to Steger.
Globalization
Globalization has four characteristics or qualities. These are:
- It involves both the creation of new social networks and the multiplication of existing connections that cut across traditional, political, economic, and geographical boundaries
- Globalization is reflected in the expansion and the stretching of social relations, activities, and connections.
3.Globalization involves the intensification and acceleration of social exchanges and activities.
- Globalization do not occur merely or an objective material level, but they also involves the subject plane of human consciousness.
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
Social Stretching
Globalization involves both the:
Macro-structure of global community and the Micro-structures of global personhood
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.
Prehistoric Period (10000 BCE - 3500 BCE)
In this period the invention of writing and the wheel were great social and technological boosts that moved globalization to a new level. The invention of wheel in addition to roads made the transportation of people and goods more efficient. On the other hand writing facilitated the spread of ideas and inventions.
The Pre-modern Period (3500 BCE - 1500 CE)
It facilitated the spread of ideas and inventions
Handwriting
It is the period between the Enlightenment and the Renaissance. In this period, European Enlightenment project tried to achieve a universal form of morality and law.
The Early Modern Period (1500 - 1750)
This with the emergence of European metropolitan centers and unlimited material accumulation which led to the capitalist world system helped to strengthen globalization.
The Early Modern Period
Innovations in transportation and communication technology, population explosion, and increase in migration led to more cultural exchanges and transformation in traditional social patterns. Process of industrialization also accelerated.
Modern Period
The creation, expansion, and acceleration of worldwide interdependencies occurred in a dramatic way.
Contemporary Period
it was a kind of leap in the history of globalization.
Contemporary Period