Unit 1 | Globalization and Identity Flashcards
Definition of:
Globalization
The process by which the worlds citizens are becoming more connected and dependent on eachother
What are the 5 types of Globalization?
- Economic
- Social
- Political
- Environmental
- Technological
Definition of:
Developed country
A country with a high industrialized economy and advanced technological infastructure
Definition of:
Developing country
A country in the process of becoming a developed country
Definition of:
Identity
Characteristics of an individual or group, usually relating to personal values
Definition of:
Traditions
Customs or practices celebrated by groups/individuals as a part of their culture
Definition of:
Outsourcing
A business strategy that involves creating production zones in countries where labor is cheaper
Definition of:
Transnational Corporations (TNC)
A company based in one country whilst operating in other countries
Definition of:
Ambivalence of Globalization
The feeling that Globalization is both a positive and negative force
Definition of:
Universalization of Pop Culture
The Homogenization of Pop Culture due to the media
Definition of:
Media Concentration
When a small amount of corporations owns a vast number of media outlets
Definition of:
Media Convergance
The usage of multiple media outlets together to achieve a goal
Definition of:
Migration
Traveling from one place to another
Definition of:
Marginalization
The feeling of being left out, especially because of your culture
Definition of:
Homogenization
The process of things becoming the same