STRUCTURES of Globalization Flashcards
3 Structures of Globalization
Social Globalization
Political Globalization
Economic Globalization
A measure of how easily information and ideas pass between people in their own country and between different countries (includes access to internet and social media networks).
Social Globalization
The amount of political co-operation there between countries
Political Globalization
Countries that are trade with many others and few trade barriers are economically globalized.
Economic Globalization
It RESULTS to an INCREASING ECONOMIC INTEGRATION and INTERDEPENDENCE of national, regional, and local economics AROUND THE WORLD by strengthening the cross-border movement of goods,
technologies and capita.
(Mohan 2009)
Global Economy
The Attributes of the Global Economy
(1)
Market economies and private enterprises
Attributes Of Global Economy (2)
Abundance of global goods and services
Attributes of Global Economy (3)
Economic disparities
Attributes of Global Economy (4)
International workers, managers and executives
Attributes of Global Economy (5)
Global Communication Systems
Attributes of Global Economy (6)
Transportation Systems
Attributes of Global Economy (7)
Transnational business strategies
Attributes of Global Economy (8)
Flexible forms of capital accumulation
Attributes of Global Economy (9)
Global Agreements that promote free market
A global economic system, specifically a global capitalist system,
emerged in about 1896 and reached something of peak throughout the world by 1914.
A Prior Era of Globalization
