.**Introduction to Globalization** Globalization is the process of increased interconnectedness and interdependence among countries, driven by advances in technology, trade, communication, and transportation. It allows for the exchange of goods, services, information, culture, and ideas across borders, shaping economies and societies worldwide. This phenomenon has led to significant developments, such as the expansion of multinational companies, the rise of digital connectivity, and international collaborations in various fields like science, politics, and environmental conservation. However, globalization also presents challenges, including economic inequality, cultural homogenization, and environmental concerns. Understanding globalization is crucial as it affects daily life, from the products people consume to the job opportunities available and even global issues like climate change and public health. By examining its impacts, both positive and negative, individuals and nations can navigate globalization effectively and maximize its benefits while addressing its challenges.

1. INTRODUCTION TO
GLOBALIZATION
The Contemporary World
LILIAN GUIA B. BURGOS, MAEd-LT
GEC 603 -Instructor

2. Objectives
Define Globalization;
Identify the Types of
Globalization;
Discuss the Advantages and
Disadvantage of Globalization

3. I want to travel to..

4. I will ride on a..

5. I will dine at..

6. I will pay using..

7. Globalization
According to World Health Organization (WHO)
1. The increased interconnectedness and interdependence of
peoples and countries.
2. The opening of international borders to increasingly fast
flows of goods, services, finance, people and ideas;
3. The changes in institutions and policies at national and
international levels that facilitate or promote such flows.”

8. History of Globalization
⮚ Silk roads (1st century BC-5th century AD, and 13th-14th
centuries AD)- the Silk Road became an overland route
between the trade of China and Europe.
⮚ Traders explore to buy commodities such as salt, spices, gold
and would sell them back to their home countries.
⮚ In 19th
century, the industrial revolution brought
advancement in communication and transportation, thus
increasing cross border-trade

9. Globalization is
⮚Advancement in technology
⮚Transportation
⮚Communication
⮚Economic growth
⮚Political and cultural factors

10. Types of Globalization
Economic Globalization
Financial Globalization
Political Globalization
Cultural Globalization
Technological Globalization
Geographic Globalization
Ecological Globalization

11. Types of Globalization
1. Economic Globalization
-Increased integration of global market, goods,
services and capital, as well as increased trade
and investment.

12. Types of Globalization
2. Financial Globalization
-Can be linked with the rise of a global financial system with
international financial exchanges and monetary exchanges.
Stock markets, for instance, are a great example of the
financially connected global world since when one stock
market has a decline, it affects other markets negatively as
well as the economy as a whole

13. Types of Globalization
3. Political Globalization
-The development and growing influence of international
organizations such as the UN or WHO means governmental
action takes place at an international level.

14. Types of Globalization
4. Cultural Globalization
- Refers to spread of ideas, values and customs
around the world leading to greater diversity.

15. Types of Globalization
5. Technological Globalization
-The phenomenon by which millions of people are
interconnected thanks to the power of the digital world via
platforms such as Facebook, Instagram, Skype or Youtube.

16. Types of Globalization
6. Geographic Globalization
-The new organization and hierarchy of different regions of
the world that is constantly changing. Moreover, with
transportation and flying made so easy and affordable, apart
from a few countries with demanding visas, it is possible to
travel the world without barely any restrictions.

17. Types of Globalization
7. Ecological Globalization
-Accounts for the idea of considering planet Earth as a single
global entity – a common good all societies should protect
since the weather affects everyone and we are all protected
by the same atmosphere.

18. Advantages of Globalization
✔ People can connect beyond the borders through online
communication.
✔ People can understand the norms of other culture.
✔ Through Globalization, Business can run globally and launch
their product worldwide.
✔ People can get social awareness about the culture conflicts
around the world.
✔ The possibility of war between the development countries
decrease.
✔ It promotes world peace(By connecting people each other.

19. Disadvantages of Globalization
✔ Difference in perception can create conflicts.
✔ Widened gap between rich and poor countries
✔ It increase the level of unemployment in countries as jobs are
outsourced to other countries that play lower wages.
✔ Loss of cultural identity and racism.
✔ Loss of sovereignty.
✔ Increased competition for jobs and resources.

20. References
https://youmatter.world/en/definitions/definitions-globalization-d
efinition-benefits-effects-examples/
Worktext in Contemporary World