LESSON 1 Flashcards
The means that interconnects the world by means of transportation and
communication.
Globalism
Is the operation or planning of
economic and foreign policy on a global basis.
Globalism
It is used by Joseph Nye, “to
describe attempts to understand the interconnectedness of the world” in terms of
transportation and communication.
Globalism
Abbreviation of WTO
World Trade Organization
Abbreviation of IMF
International Monetary Fund
Is a process linked by
interconnected cross -border production and it enables firmness to enter into new markets, to capitalize on technological organizational advantages and to reduce cost.
Industrial Globalization
According to Minnesota is the spread of products, investments and technology across national
borders and countries.
Globalization
The emergence of countries
and rations across the world.
Globe or Globalize
Refers to the spread of material and non-material culture across the world such as ideas, beliefs, apparels and values around the world.
Cultural Globalization
refers to the transmission of ideas, meanings and values around the world in a way as to expand and intensify social relations.
Cultural Globalization
Is a term used to describe how trade and technology have made the world into a more connected and interdependent place.
Globalization
is a process of interaction and integration among people, companies and governments of different nations a process driven by international trade and aided by informational technology.
Informational Globalization
refers to international lending institutions for capital outlay to developing countries like IMF and the World Bank.
Financial Globalization
refers to the growth of the
worldwide political system both in size and complexity like civil society, international non-governmental organizations, social movements or the United
Nations
Political Globalization
Globalization of countries
1642 to 1800
It is also increased the flow of communication between and among countries to further spread democratic ideas to developed countries and reduce cultural barriers across the world.
Political Globalization
Globalization of companies
1800 to 2000
Globalization of the individuals
2000 to present
gave the world an opportunity to a
prominent technological progress that allowed countries to experience a faster exchange between goods, products and information.
Industrialization
