The document discusses several aspects of globalization including its impact on the economy, culture, and society. It outlines how globalization has led to rising international trade and foreign direct investment. It also describes how new communication technologies and global networks have connected people worldwide and facilitated e-business and telecommuting. Finally, it examines some of the cultural effects of globalization such as the emergence of new global professions, the spread of pop culture, and the idea of the world becoming a global village where ideas can be shared freely across borders.

2. Outline Definiton of globalization Globalization and economy Cultural impact of globalization Conclusion

3. Introduction What is globalization ? The interaction and integration among governments of different nations.

4. The Effects of Globalizations on Economy Rising in international trade. The increasing role of foreign direct investment. Global telecoms networks and new communication technologies. Increasing high technology competition and rising role of trade.

5. Rising in International Trade Imports and exports in manufacturing industry of OECD countries have been growing during 1970’s and 1980’s. Expansion of some sectors was acompanied by the elimination of sectors in which has comparative advantage. The high share of imported inputs depends on exploitation of specialization and economies of scale

6. Global marketing The first thing to know is that with global marketing a variety of different people around the world are able to view your companies marketing.

7. International Trade Import of the goods and services Export of the goods and services

8. Rising in International Trade

9. The Increasing Role of Foreign Direct Investment International capital flows increased in 1970s and 1980s. Foreign investment outflows largely dominated by the US ,the UK , Germany , France ,the Netherlands , Switzerland , Canada .

10. The Increasing Role of Foreign Direct Investment Developed countries start to invest in developing countries.

11. Global Telecoms Networks and New Communication Technologies Product innovation Internet

12. Global Telecoms Networks and New Communication Technologies E-business means online busines. Buying or selling through internet.

13. Telecommuting

14. Global Telecoms Networks and New Communication Technologies In a globalizing world everything under your feet. It is easy for people to live and being in a relationship.

15. Cultural Impact of Globalization

16. Three Principal Ways of globalization New global professions Pop-culture Global village

17. New Global Professions

18. New global professions Think in cosmopolitation rater than national terms Have high skill and education levels Speak foreign language Travel in internationally

19. Cosmopolit Human is human, universal way of thinking A citizen of world Opposite of racizm and nationalist Open to new ideas and experiment

20. Pop-culture

21. Pop-culture This form of globalization is actually Americanization It spread with movies, music, TV shows, fast food, clothing etc.

23. Pop-culture TV shows deal with tipically American subject such as prom and American high school life… Teenagers might begin to integrate certain ‘typically American customs’ in to their lives.

24. World is becoming small village

25. Global village World is becoming small village Multi-cultural Ideas and practices can be freely exchanged and appreciated

27. Thank you for your listening