WEEK 2 Flashcards
The increasing interconnectedness and interdependence of people, cultures, economies, and nations facilitated by technology, trade, and communication.
GLOBALIZATION
WHAT IS GLOBALIZATION FOR ECONOMISTS: 4
Increased free trade
Speed of trade
Global economic organizations
Regional economic blocs
WHAT IS GLOBALIZATION FOR SCHOLARS OF CULTURE & COMMUNICATION: 3
“Global Village”
The world has “shrunk” due to communications technology
Cultural Imperialism
WHAT IS GLOBALIZATION FOR POLITICAL SCIENTISTS: 4
It is a challenge to the “nation-state”
Emergence of corporations
Strength of regional blocs
Emergence of global political norms
“Globalization refers to the expansion and intensification of social relations and consciousness across world-time and world-space”. GLOBALIZATION IN OUR WORKING DEFINITION is said by who?
Manfred Steger
Globalization is inherently ?????????????????
INTERDISCIPLINARY.
It exhibits a complex interplay of economic, political, cultural, and technological forces, THAT necessitates an interdisciplinary approach for comprehensive understanding. Its far-reaching implications touch upon virtually every aspect of human society, from economics and politics to culture, environment, and technology.
GLOBALIZATION AS AN INHERENTLY INTERDISCIPLINARY PHENOMENON
5 GLOBALIZATION AS AN INHERENTLY INTERDISCIPLINARY PHENOMENON :
ECONOMIC INTERCONNECTEDNESS
POLITICAL INTERDEPENDENCE
CULTURAL EXCHANGE AND DIFFUSION
TECHNOLOGICAL ADVANCEMENTS
ENVIRONMENTAL CHALLENGES
Globalization is an economic phenomenon characterized by the integration of markets, trade, and investment on a global scale.
ECONOMIC INTERCONNECTEDNESS
Globalization has transformed the traditional nation-state, necessitating new forms of governance and cooperation.
POLITICAL INTERDEPENDENCE
The movement of people, goods, and ideas across borders has led to unprecedented cultural exchange and diffusion. Globalization has both homogenized and hybridized cultures, creating new forms of cultural expression. Understanding these processes requires insights from anthropology, sociology, and media studies.
CULTURAL EXCHANGE AND DIFFUSION
Technology has been a primary driver of globalization, facilitating communication, transportation, and trade.
TECHNOLOGICAL ADVANCEMENTS
Globalization has contributed to environmental issues such as climate change, deforestation, and pollution.
ENVIRONMENTAL CHALLENGES
4 HISTORY OF GLOBALIZATION
- EARLY FORMS OF GLOBALIZATION
- THE AGE OF EXPLORATION AND COLONIALISM (15TH - 18TH CENTURIES)
- THE INDUSTRIAL REVOLUTION AND MODERN GLOBALIZATION (19TH - 20TH CENTURIES)
- THE LATE 20TH CENTURY AND CONTEMPORARY GLOBALIZATION
2 EARLY FORMS OF GLOBALIZATION
- Ancient Trade Routes
- Spread of Religions and Cultures