GLOBALIZATION.pptx

GLOBALIZATION.pptx

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  GLOBALIZATION SUBMITTED BY SHIKHIL MV
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  What is globalisation? It is process of rapid integration or interconnection between countries.  There is one more way through which countries are becoming closer and that is movement of people between countries.  People usually move from one country to another in search of jobs or better education.this is also a result of globalisation.
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  Definition of Globalization WorldBank: Globalization is the growing integration of economies and societies around the world.
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  NATURE OF GLOBALISATION Till 19th century “global” meant “spherical”;  At the end of 19th century “global” meant “the whole world”;  20th century “global” meant “definition of capacity and dissemination of events and processes”
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  FEATURES OF GLOBALISATION Growing interdependence of all processes  Establishing of a global financial-economic area  Information technologies -WWW  Change in the state’s functions – vanishing of the national boarders  Universality of the world – dissemination of the democratic system and socio – cultural values
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  Charecteritic of globalisation The dynamic development of the globalization process follows the development of the society.  As a phenomenon it has two levels – general civilization and formative ones  Contradictory process which has its positive and negative sides  It is pursued by anti-social phenomena
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  Impact of globalisationin india  Greater competition among producers – both local and foreign producers has been of advantage to consumers.  There is a greater choice before these coumers who now enjoy improved quality and lower prices for several products.  Foreign invetment has increased.
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  Components of Globalization? Economic globalization  Political globalization  Cultural globalization
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  Culture  In thepast years culture and economics were treated as separated and independent spheres.  The importance of culture in the overall development of society is evidently increasing, showing itself in economics too.
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  Culture - Globalization The cultural processes gain the importance of major conditions of life and effect each human activity.  Culture is turning into one of the basic factors of economic growth, while cultural product is among the new strategic resources of society.  Culture became a specific sphere of entrepreneurship.  Culture, education and science form “new economy” - knowledge economy
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  Economics - Culture The common feature between them is that both follow the overall development of the society.  The development of culture is not always following the development cycle of economics.  The cultural specifics of a nation, state or region is much more clear then their economic or political specifics.  Cultural processes are determined by the national and state differences.
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  Democracy and politics Democracy means that peoples and their parliaments should be sovereign judges in their own countries.They should choose the national model of development and solve the main problems of organization and functioning of the national economics.  In practice – the decisions are taken at the head offices of the global corporations and are implemented in the individual countries.This is how the issues of the structure of production, of investment and technological policy, of strategic marketing are solved.
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  Advantages of globalisation Globalisationhelps in bringin whole world as one village.every consumer have free and frquent reach to the products of foreign countries. Optimum use of natuaral resource as posible. Helpfull in cost reduction by eliminating cross border duties and fees. Helpfull in employment generation and income generation.
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  Disadvantages of globalosation Globalisation is direct attack on local tiny and small industry.  Increase cut throat competition.  Globalisation increases monopoly by countries equiped with know-how and power.  Global companies with hi – fi infrastructure almost the local traditional small and medium industries.
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  Conclusions  Globalization manifestsin different way at civilization and formative level.  At civilization level it should develop and enrich the humanity without breaking its diversity.  According to the social system of the country, different social and economic consequences are shown.
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  THANKYOU