The document discusses several ways in which globalization has impacted different aspects of society including technology, education, social issues, economics, and politics. It notes that globalization has led to increased international trade and outsourcing of technology products. It has also introduced online distance learning and allowed for greater cultural exchange. Globally, businesses can benefit from expanded markets and lower costs while countries can see new jobs and economic growth. Politically, globalization has promoted international agreements and greater collaboration between governments.
2. Globalization is a process of interaction
and integration among the people,
companies, and governments of different
nations, a process driven by international
trade and investment and aided by
information technology.
GLOBALIZATION
3. 80%
OF IT PRODUCTS
Of USA are outsourced from
Ukraine which branded the
country the ‘Offshoring
Destination’ of the Year by the
Global Sourcing Association UK
in 2017
› Lead to new markets and information technology
› Transition from manual to electronic delivery of services
› Technology has enabled the software experts to work collaboratively
over the network with companies from around the world.
› In a hyper-connected world, new technologies spread faster between
markets.
TECHNOLOGY
4. › Global sharing of knowledge, skills, and
intellectual assets
› Introduced online distance learning that
could become a powerful tool for developing
countries
› Prepare students for multinational
leadership roles.
› Cross-cultural educational collaboration
between global institutions
EDUCATION
300 SCHOOLS
Use Canvas as
their learning
management
system
5. The largest anti-war rally.
60 countries with more
than 14 million people
protested against the Iraq
War
THE DAY THE
WORLD SAID
NO TO WAR
SOCIAL
› Access to new cultural products
› Better understanding of foreign
values and attitudes
› Instant access to information from
anywhere in the world
› Capacity to communicate and defend
one’s values and ideals globally
› Customisation or adaptation of global
cultural trends to local environment
6. Was second next to China as
the Best Countries To
Outsource To in 2019, employing
over 1.2 million employees
PHILIPINES
ECONOMIC
› Allows businesses to source raw materials where they are inexpensive
› More jobs in countries where jobs are needed
› Decreased the cost of manufacturing
› Access to a wider variety of goods
› Larger international markets
7. WH
OCollaborates with
› Governments negotiated dramatic reductions in
barriers to commerce and have established
international agreements to promote trade in
goods, services, and investment.
› Allowed society organizations to form alliances
with organizations in other countries.
› Access to international aid and financial support
› It contributes to world peace.
› Governments can learn from each other
POLICTICS