1CW-PPT-0-Introduction-to-Globalization12345.pptx

Salm Kairo Dumanlag 2.55K subscribers #TheContemporaryWorld #GeneralEducation  What do one country Needs to Prepare for Globalization? 1.INFRASTRUC TURE The basic physical and organizational structures and facilities needed for the operation of a society or enterprise. 2. EDUCATION It is th...

Salm Kairo Dumanlag 2.55K subscribers #TheContemporaryWorld #GeneralEducation  What do one country Needs to Prepare for Globalization? 1.INFRASTRUC TURE The basic physical and organizational structures and facilities needed for the operation of a society or enterprise. 2. EDUCATION It is the foundation for development. The groundwork on which much of our economic and social well being is built. 3. HUMAN RESOURCES: - Recruitment - Training - Labor Laws - Communication - Expatriation - Attracting Talent - Retaining Talent 4. NATURAL RESOURCES? Our air, land, water, wildlife, plants and soil – our 'natural resources' - provide us with our basic needs, including food, energy, health and 5. FREE TRADE - an international trade without tariff (tax), quotas, or other restrictions. 6. MASS MEDIA - it is a global flow of information aided by development of worldwide capitalism, latest technology, commercialism of global television of the deregulation policies in favor of the West. 7. TECHNOLOGY AND INTERNET - both do not have to engage in direct contact, wiped out the physical borders for “getting in touch”. 8. Social Media & Social Networking computer-and-internet-mediated tools that generates and exchange information and videos. 9. Transnational Migration People migrate from one country into another for their own purposes as foreign workers, guest workers, and 10. Capitalism Economic and political system in which industries and trade, law of demand and supply, and property right are controlled by private owners not by the state.  11. Terrorism A threat of violence and forcefully creation and exploitation of fear. 12. International Organization (Regionalism) International organization refers to membership group that functions across international issues are to be addressed. 13. State’s Sovereignty Refers to the full power and right over a governing body over itself, without intrusion from outside bodies or sources. Positive and Negative of Globalization When “Globalization” occurs worldwide with POSITIVE EFFECT it opens to the followings: 1. Business that controls production of goods and services not only in one country for greater competitions and technologies to increase its investment. 2. Labor - to perform services, incomes to generate taxes, works and create goods that company's own employees and staff in the country but also worldwide. 3. The creation of a new avenue for trade -countries unlike before, trade with each other when, on their own, they do not have the resources, or 4. Introduction to the new production process (raw to finished products).  Negative of Globalization: 1. Free trade can harm developing economies - Trade liberalization can pose a threat to developing nations or economies because they are forced to compete in the same market as stronger economies or nations. https://futureofworking.com/6-advantages-and- disadvantages-of-free-trade/ 2. Environmental costs 1. External costs - are costs that influence society. For example: Carbon emissions, Pollution Energy usage Use and waste of natural resources 2. Natural Calamities - is the highly harmful impact on a society or community following a natural hazard event.  “brain 3. The drain syndrome” - refers to the situation where a country loses its best workers. 4. Lessen cultural diversity The existence of a variety of cultural or ethnic groups within a society: "cultural diversity has increased, exposing kids to new tastes and experiences" 5. Job Displacement Displacement may be caused by several factors: - economic recessions - company restructuring - with lower levels of education or experience Job displacement refers to involuntary job loss and not mutual or employee- https://youmatter.world/en/definition/definitions- globalization-definition-benefits-effects-examples/ https://examples.yourdictionary.com/examples-of- globalization.html https://www.economicshelp.org/blog/81/trade/ costs-and-benefits-of-globalisation https://www.sciencedirect.com/science/article/ abs/pii/S0040162508001273