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The Task of Defining Globalization: Prepared By: Ms. Aicila Lei L. Forlales, LPT

Globalization refers to the increasing speed and scale of connections and exchanges between people and organizations all over the world. It promotes greater interactions between different regions and populations globally. The document provides examples of different types of globalization, including economic globalization through increased international trade; financial globalization through a more connected global financial system; and cultural, political, sociological, geographic, and ecological globalization through the spread of ideas, organizations, people, and shared environmental concerns across borders.

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Noel S. De Juan Jr.
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442 views10 pages

The Task of Defining Globalization: Prepared By: Ms. Aicila Lei L. Forlales, LPT

Globalization refers to the increasing speed and scale of connections and exchanges between people and organizations all over the world. It promotes greater interactions between different regions and populations globally. The document provides examples of different types of globalization, including economic globalization through increased international trade; financial globalization through a more connected global financial system; and cultural, political, sociological, geographic, and ecological globalization through the spread of ideas, organizations, people, and shared environmental concerns across borders.

Uploaded by

Noel S. De Juan Jr.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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The Task of Defining

Globalization

Prepared by: Ms. Aicila Lei L. Forlales, LPT


Globalization means the speedup of
movements and exchanges (of human
beings, goods, and services, capital,
technologies or cultural practices) all over
the planet. One of the effects of
globalization is that it promotes and
increases interactions between different
regions and populations around the globe.
Examples of Globalization

1. Economic globalization

- is the development of trade systems within


transnational actors such as corporations or
NGO
2. Financial globalization

- can be linked with the rise of a global financial


system with international financial exchanges
and monetary exchanges. Stock markets, for
instance, are a great example of the financially
connected global world since when one stock
market has a decline, it affects other markets
negatively as well as the economy as a whole.
3. Cultural globalization

- refers to the interpenetration of cultures


which, as a consequence, means nations
adopt principles, beliefs, and costumes of other
nations, losing their unique culture to a unique,
globalized supra-culture
4. Political globalization

- the development and growing influence of


international organizations such as the UN or
WHO means governmental action takes place
at an international level.
5. Sociological globalization

- information moves almost in real-time,


together with the interconnection and
interdependence of events and their
consequences. People move all the time too,
mixing and integrating different societies
6. Geographic globalization

- is the new organization and hierarchy of


different regions of the world that is constantly
changing.
7. Ecological globalization

- accounts for the idea of considering planet


Earth as a single global entity – a common
good all societies should protect since the
weather affects everyone and we are all
protected by the same atmosphere.
2. Financial globalization

- can be linked with the rise of a global financial


system with international financial exchanges
and monetary exchanges. Stock markets, for
instance, are a great example of the financially
connected global world since when one stock
market has a decline, it affects other markets
negatively as well as the economy as a whole.

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