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Module 1-Introduction To Globalization Learning (Activity 1) - VILLAR

This document discusses a student's answers to questions about globalization in a module. It defines the three dimensions of globalization as economic, political, and social. Economic globalization focuses on international markets and trade agreements. Political globalization involves international organizations that unite countries. Social globalization examines how technology and transportation influence cultural convergence. The dimensions interact and influence each other. Globalization affects individuals, communities and institutions locally and globally, but determining its overall impact is complex as the effects can be viewed positively or negatively depending on one's perspective.

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Jhon Michel Villar
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25 views

Module 1-Introduction To Globalization Learning (Activity 1) - VILLAR

This document discusses a student's answers to questions about globalization in a module. It defines the three dimensions of globalization as economic, political, and social. Economic globalization focuses on international markets and trade agreements. Political globalization involves international organizations that unite countries. Social globalization examines how technology and transportation influence cultural convergence. The dimensions interact and influence each other. Globalization affects individuals, communities and institutions locally and globally, but determining its overall impact is complex as the effects can be viewed positively or negatively depending on one's perspective.

Uploaded by

Jhon Michel Villar
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Villar, Jhon Michel V.

20221142105 ZGE_1102, BA-1B, 01/24/2023

Module #1: Introduction to Globalization Learning

Question 1: The three dimensions of globalization

- Globalization can be categorized into three types: economic, political, and

social. Economic Globalization; The emphasis here is on international financial

market integration and the coordination of financial exchanges. Free trade

agreements are examples of economic globalization. Multinational

corporations that operate in two or more countries contribute significantly to

economic globalization. Political Globalization; This category includes national

policies that unite countries politically, economically, and culturally. North

Atlantic Treaty Organization (NATO) and the United Nations (UN) are examples

of political globalization organizations. And lastly, Social Globalization; This

aspect of globalization focuses on the technological and societal factors that

cause cultures to converge. These include improved communication, the

widespread use of social media, and access to faster and more reliable

transportation.

Question 2: How are these dimensions related to one another?

- These three types interact with one another. Economic globalization is fueled,

for example, by liberalized national trade policies. Political policies also have

an impact on cultural globalization, allowing people to communicate and travel

more freely around the world. Economic globalization influences cultural

globalization by importing goods and services that expose people to different


Villar, Jhon Michel V. 20221142105 ZGE_1102, BA-1B, 01/24/2023

cultures. Globalization's effects can be felt both locally and globally, affecting

individuals, communities, and institutions.

Question 3: Recapitulate the impact of globalization.

- While the impacts of globalization can be observed, determining the net impact

is more complex. Proponents of globalization frequently see specific outcomes

as positive, while critics see the same outcomes as negative. A relationship that

benefits one entity may harm another, and whether globalization benefits the

world remains debatable.

REFERENCES:

https://www.techtarget.com/searchcio/definition/globalization

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