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    WEEK 1 - Definition of Globalization

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    LESLIEJULIA JERUSALEM
    Globalization refers to the growing interdependence and integration of economies, societies, and cultures through cross-border trade and communication. It involves the diffusion of practices, values and technology that influence people's lives worldwide. Globalization is fueled by increasing cross-border flows of goods, services, money, people, information, and culture. Studying globalization helps provide a deeper understanding of societal issues on a global scale and overcomes a limited local perspective.

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    WEEK 1 - Definition of Globalization

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    LESLIEJULIA JERUSALEM
    40 views2 pages
    Globalization refers to the growing interdependence and integration of economies, societies, and cultures through cross-border trade and communication. It involves the diffusion of practices, values and technology that influence people's lives worldwide. Globalization is fueled by increasing cross-border flows of goods, services, money, people, information, and culture. Studying globalization helps provide a deeper understanding of societal issues on a global scale and overcomes a limited local perspective.

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    Globalization refers to the growing interdependence and integration of economies, societies, and cultures through cross-border trade and communication. It involves the diffusion of practices, values and technology that influence people's lives worldwide. Globalization is fueled by increasing cross-border flows of goods, services, money, people, information, and culture. Studying globalization helps provide a deeper understanding of societal issues on a global scale and overcomes a limited local perspective.

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    40 views2 pages

    WEEK 1 - Definition of Globalization

    Uploaded by

    LESLIEJULIA JERUSALEM
    Globalization refers to the growing interdependence and integration of economies, societies, and cultures through cross-border trade and communication. It involves the diffusion of practices, values and technology that influence people's lives worldwide. Globalization is fueled by increasing cross-border flows of goods, services, money, people, information, and culture. Studying globalization helps provide a deeper understanding of societal issues on a global scale and overcomes a limited local perspective.

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    2024B Definition of Globalization Le1 SY 2021-2022

    UERM MEDTECH PROF. RICKY MAANO | 1ST SEMESTER | TCW

    ✦ The most common opinion of globalization is


    OUTLINE
    “internationalization”.
    I. Definition of Globalization
    A. Standardization ❂ INTERNATIONALIZATION
    II. Other Definitions of Globalization - The process of planning and implementing products and
    III. Other Views on Globalization services
    A. Liberalization
    B. Universalization ❂ LOCALIZATION
    C. Imperialization - The process of planning and implementing products and
    D. Westernization/Modernization services that can easily be adapted to specific local
    IV. Why should we study Globalization? languages and cultures

    ❂ GLOBAL
    LEGEND - Described as cross-border relations between
    countries
    Remember Lecturer Book Presentation - "Globalization" = incomes a growth of international
    ✦ ✱ ✤ ❂ exchange and interdependence

    DEFINITION OF GLOBALIZATION OTHER VIEWS ON GLOBALIZATION

    ❂ GLOBALIZATION ❂ LIBERALIZATION
    - The word that is used to describe the growing - Means a process of removing state-imposed
    interdependence (mutual relationship) of the world's restrictions on movements between countries in order to
    economies, cultures, and populations, brought about by create an "open", "borderless" world economy
    cross-border trade.
    ❂ UNIVERSALIZATION
    - The process by which countries, and regions have - This means, "global" describes "worldwide", and
    been integrated (bonded) in a global network "globalization" is the process of spreading various
    objects and experiences to people all-around the
    - Enables human beings on the earth’s surface to come world.
    together in all aspects of life - Globalization-as-universalization is viewed at
    standardization and homogenization with worldwide
    - A societal phenomenon wherein social barriers no cultural, economic, legal and political convergement.
    longer exist and the only thing that separates people
    from each other is time ❂ WESTERNIZATION or MODERNIZATION
    - It is also called Americanization.
    ✱ STANDARDIZATION - Here the social structures of modernity like
    capitalism, rationalism, industrialism, bureaucratism,
    - described as a negative effect of globalization, the
    individualism are spread all over the world, destroying
    way of life became the same with the other countries
    earlier-existent cultures and local self-determination in the
    process
    OTHER DEFINITIONS OF GLOBALIZATION - Globalization in this sense is sometimes described as
    imperialism of McDonald's, Hollywood, and CNN.
    ❂ GLOBALIZATION- is increasing the interdependence of - It is often interpreted as colonization, Americanization,
    national economies in trade, finance, and macroeconomic policy. and “westtoxication”

    - Diffusion(spread) of practices, values and technology ✦ Western Europe and North America have ranked among the
    that have an influence on people's lives worldwide. most enthusiastic promoters of contemporary globalization

    - A reconfiguration (rearrangement) of social geography WHY STUDY GLOBALIZATION


    marked by the growth of trans planetary and supra
    territorial connections between people
    1. It will help each one to become more knowledgeable
    about the different phenomena that are happening
    - A process fueled by and resulting in, increasing cross-
    around the world right now thus, overcoming
    border flows of goods, services, money, people,
    PAROCHIALISM (an outlook that is limited to one’s
    information, and culture.
    immediate community)
    2. Allow one to have a deeper understanding on societal
    - A development in the structure of geography is closely
    issues so that one can engage or participate actively in
    interrelated with concurrent developments in structures of
    the development and improvement in the different fields
    production, governance, identity and knowledge.
    such as politics, technology, etc.

    COSAIN, DANGANAN, JERUSALEM, LARA | MT2B 1


    THE CONTEMPORARY WORLD: Definition of Globalization

    3. The study of globalization is inevitable (unavoidable)


    because it is where we are headed
    4. Helps everyone become connected with the whole
    world. By learning about the various disciplines and

    approaches related to it, a lot of opportunities will be open


    to contribute something to the society

    ✱ We tend to appreciate other cultures because of


    globalization

    COSAIN, DANGANAN, JERUSALEM, LARA | MT2B 2

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