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Globalization
Globalization…..
• Is the most important features in
the 21st century
Globalization…..
• is the most powerful force for
change in the world today
affecting all societies on the
planet.
Globalization…..
• It entails the movement of capital, free
flow of goods and services, the
increased mobility of individuals, and
the expansions of multinational
corporations and transnational
organizations.
capital trade
It refers to the increasing integration of
economies worldwide, particularly by
moving goods, services, and capital
across borders.
distribution
is for the world to
become more
interdependent.
One of the goals of
globalization
interdependence
You are part of a
whole
So…………….
When did Globalization begin?
Has the world always been
globalized or is it a recent
phenomenon?
5,000 years ago….
5,000 years ago….
TWO IMPORTANT
CHANGES MADE BY
GLOBALIZATION
INFRASTRUCTURAL TRANSFORMATION SOCIAL STRUCTURAL
TRANSFORMATION
TWO IMPORTANT
CHANGES MADE BY
GLOBALIZATION
INFRASTRUCTURAL TRANSFORMATION
is the process of upgrading hardware or software
components in an existing system. This process typically
involves replacing old equipment with new and more
modern equivalents to improve performance, efficiency,
reliability, and security.
TWO IMPORTANT
CHANGES MADE BY
GLOBALIZATION
SOCIAL STRUCTURAL TRANSFORMATION
TWO IMPORTANT
CHANGES MADE BY
GLOBALIZATION
Social structures such as organizations, networks, and
institutions can provide a platform for people to come
together and work towards common goals. This can be
essential for mobilizing resources and building support for
change.
Positive effect of
Globalization
• Exchange goods and resources
Free
trade
• advantages to both workers and recipient countries.
Free Movement of
Labour
Greater Competitions
Increasing Investments
• Investment by multinational companies can play a big role in improving the economies of developing
countries.
Cultural
Diffusion
• happens when the cultural beliefs and social
activities are spread through different
ethnicities, religions, nationalities
Negative effect of
Globalization
Negative effects of
Globalization
Free Trade Can Harm
Developing Economy
Labor drain/ brain drain
• Some countries find it difficult to hold onto
their best skilled workers, who are
attracted by higher wages elsewhere
Loss of Local Culture
• The cultures from around the
world replace the local ones.
• Using non-renewable resources
Goal Setting
• Set clear study goals:
short-term and long-
term.
• Goals provide direction
and motivation.
The floor is now open for questions and discussions.
Individual
activity!
Make a summary of the video
presentation using ten sentences.
GLOBAL NETWORKS.pptxSXDCFVGBVNDCCFVVVVVVFGB

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