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.
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
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.
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