GLOBALIZATION
by Dave Veroy
1. What is globalization?
2. World view of:
3. Culture
4. Ideas
5. Products
6. Telecommunications
7. Transportations
8. International Network of Economic System
9. Major Factors
10. Internet
11. smartphones
12. Generating Interdepedence
13. Basic Aspects:
14. Migration, Transaction, Investment, Capital.
15. Connected with Overfishing, Air pollution, Global Warming.
16. Subdivision:
17. Economic Globalization
18. Cultural Globalization
19. Political Globalization
20. How new is globalization
21. Establish its current meaning in the 1970's
22. European Age/Voyage to Modern World
23. Earliest usage as a noun on 1930 in the book "Towards New Education"
24. By 1960, Term began to use by economist, scientist.
25. Gain its fame in later 1980's
26. Large Scale globalization began in 19th to early 20th century.
27. (1983)Harvard Business publish "Globalization on Markets''.
28. which in 1992 define as the the compression of the world and the intensification of the consciousness of the world as a whole.(Thomas Larsson)
29. What has led to an increased globalization?
30. Trade philosophies
31. In creation of religions
32. Epidemic Diseases
33. Technologies
34. States became interdependent to each other.
35. Western States learned principles from the east.
36. Expansionism(method of managing global trade) .
37. American as a Universal Culture
38. Negative Effects:
39. Competition
40. Lower Environmental Standards
41. Volatility of Capital Flows Increases.
42. Currency crisis
43. Third world counties prevent from accessing export materials
44. harm on environment
45. Diseases
46. Positive Effects:
47. Greater Oppurtunities
48. New Markets Access to capital flow
49. Cheaper imports
50. larger export
51. Closing of Tech gap
52. Jobs
53. FDI provide incentives to adopt
54. Benefits:
55. Free trade
56. low oppurtunity cost
57. Greater choice of goods
58. Bigger export markets
59. Bigger domestic manufacturers
60. Greater competition
61. Investment
62. less cultural diversity
63. Future:
64. Greater levels of immigration
65. changing the ethnic cultural
66. Multicultural Societies
67. " FARTHER, Faster, Cheaper, and Deeper"