This document discusses globalization, outlining its definition as increased trade and cultural exchange between different parts of the world. It lists some signs of globalization, such as increased international trade, data sharing through technology, and cultural exchange. The document also notes objectives to have an in-depth understanding of globalization and assess its advantages, like peaceful relations and employment, and disadvantages, including potential health issues, loss of culture, uneven wealth distribution, and conflicts.

1. THE CONTEMPORARY
WORLD

2. OBJECTIVES:
•Have an in-depth knowledge about
Globalization;
•Assess the advantages and disadvantages
of Globalization.

3. GLOBALIZATION
•Globalization is a term used to describe
the changes in societies and the world
economy.
•The result of dramatically increased
trade and cultural exchange.

4. Closer contact between different parts
of the world, with increasing
possibilities of personal exchange,
mutual understanding and friendship
between “world citizens.”

5. SIGNS OF
GLOBALIZATION

6. 1. Increase in international trade at a
faster rate than the growth in the world
economy;
2. Greater transborder data flow, using
such technologies such as the Internet,
communication satellites and telephones;
3. Greater international cultural
exchange.

7. GLOBALIZATION IN
THE PHILIPPINES?

8. ADVANTAGES OF GLOBALIZATION
•Peaceful Relations
•Employment
•Education
•Product Quality
•Transportation
•Travel and Tourism

9. DISADVANTAGES OF
GLOBALIZATION
•Health issues
•Loss of Culture
•Uneven Wealth Distribution
•Conflicts