GLOBALIZATION.pptx
- 2. Agenda • Definition of Globalization • Types of Globalization • Causes & Effects of Globalization • Disadvantages & Advantages of Globalization Shutterstock.com WallStreetMojo
- 4. GLOBALIZATION GLOBALIZATION • Globalization is the interdependence between multiple countries, building of international connections and relations. • This refers to the exchange of product and trade, development of technology, and integration of multiple economical areas.
- 5. GLOBALIZATION GLOBALIZATION • cross-border trade in goods and services • Technology • Flows of investment, people, and information
- 7. 1. ECONOMIC - Unification of financial markets and trade - Business organizations, and countries work together for international scale (University of Oxford) - Interdependence of economies - Examples would be product and labor globally 20XX 20XX
- 8. 2. POLITICAL - Policies which facilitate international trade and regulations within different countries - Political cooperation (co-operation) - ASEAN, NATO, UN, LEAGUE OF NATIONS 20XX 20XX
- 9. 3. CULTURAL / SOCIAL - Factors which cause the exposure of different cultures, and adapt to them - Expose one country to another different cultural activities - Affects the areas of faster communication, technology, and resources (Social) - Examples would be travel, media, and the use of technology 20XX 20XX
- 10. CAUSE AND EFFECTS OF GLOBALIZATION
- 11. CAUSES OF GLOBALIZATION GLOBALIZATION -IMPROVE TECHNOLOGY • easier to communicate -IMPROVE TRANSPORT • Easy travel globally
- 12. CAUSES OF GLOBALIZATION GLOBALIZATION -MOBILITY FOR WORK • to find jobs globally -MOBILITY OF CAPITAL • increase capital flow
- 13. EFFECTS OF GLOBALIZATION GLOBALIZATION -INCREASE TRANSPORT OF GOODS • selling goods and products -ECONOMIC SPECIALIZATION • boost productivity and efficiency
- 14. EFFECTS OF GLOBALIZATION GLOBALIZATION -EXCHANGE OF TECHNOLOGY • helps in knowledge and interaction -INVESTMENTS • rise in opportunities
- 15. EFFECTS OF GLOBALIZATION GLOBALIZATION -MULTINATION MOVEMENT •interacts with other cultural practices
- 17. ADVANTAGES GLOBALIZATION • Knowledge and technology • Open to better products and services • Interdependence of countries • Cross-cultural open-mindedness • Education Improvement
- 18. DISADVANTAGES GLOBALIZATION • Benefits the rich more than the less fortunate • Greenhouse gas emissions • Unequal economic growth • Racism, loss of national identity • War / conflicts of territory
- 19. CONCLUSION • Globalization is the interdependence of multiple countries. • It affects the flow of economical, social, and political areas of a country. • Despite its advantageous factors, globalization threaten risk factors in society. Shutterstock.com WallStreetMojo
- 20. THANK YOU 20