The document discusses globalization, providing definitions from different organizations and sources of globalization. It then discusses the economic, political, technical, socio-cultural, and religious impacts of globalization. Both the pros and cons are presented, with the pros including efficient use of resources and economic growth, and the cons such as outsourcing and social degeneration.

1. By Pratikshya Sedhain

2. First of all I would like to thank my
English lecturer for giving me an
opportunity to present facts about the
Age of globalization as well as my
thoughts regarding same topic in front of
my classmates. I would like to thank my
friends initially to make the environment
of classroom peaceful during my
presentation.

3.  Theory / Definition
 Sources of GLOBALIZATION
 Impacts of GLOBALIZATION
 Pros of GLOBALIZATION
 Cons of GLOBALIZATION

4.  “ Globalization is a widely-used tern that
can be defines in a number of different
ways, but when used in an economic
context, it refers to the reduction and
removal of barriers between national
borders in order to facilitate the flow of
goods, capital, services and labor.”
United Nations Economic and Social
Commission for Western Asia “ESCWA”

5.  “ Globalization is a process that
encompasses the causes, course, and
consequences of transnational and
transcultural integration of hunan and
non-human activities.”
Geneva Centre for Security Policy

6.  “Globalization is the acceleration and
intensification of interaction and
integration among the people,
companies, and governments of different
nations.”
The American Forum for global Education

7.  Internationalization of Economic Activity
 GLOBAL liberalization
 Technological Changes (IT revolution in
Speed and cost)
 Improvements in Transportation
 Globalized Production Structures
(Stateless Corporation)

8.  Economic
 Realization of a Global Common Market
 Political
 Relationship among governments
 Social and Economic globalization

9.  Technical
 Global Information System ( Trans-Border
Data Flow)
 Internet, Communication Satellites, Wireless
Telephones
 Socio-Cultural
 Cross Culture contacts
 Participation in World Culture
 Global Public Policy

10.  Religious
 Anti-Islam movements in the west
 Widespread Christianity in Nepal
 Butterfly Effect
 Small variations of the initial condition of a
dynamical system may produce large
variations in the long term behavior of the
system.
 Facebook***

11.  Efficient Use of Resources
 Decreased Unemployment and Poverty
 Raise in Global Economy
 Cultural Intermingle
 Being open and tolerant

12.  Outsourcing
 Social Degeneration
 Sophisticated form of Colonization