C2.-Part-1-advantages-disadvantages-and-theories-of-globalization-1-UPDATED.pptx

The Contemporary World 1 Semester A.Y. st 2024-2025 Renzo L. Reyes, MAEd, LPT Instructor, BulSU, CSSP Department of Social Sciences Recap Avoid Parochialism Recap Globalization is a process of interaction and integration among the people, companies and governments of...

The Contemporary World 1 Semester A.Y. st 2024-2025 Renzo L. Reyes, MAEd, LPT Instructor, BulSU, CSSP Department of Social Sciences Recap Avoid Parochialism Recap Globalization is a process of interaction and integration among the people, companies and governments of different nations. The Course’s Approach: The Study of Globalization Four Perspective on Globalization 01. 02. 03. 04. Economic Cultural Political Social Globalization Globalization Globalization Globalization Recap Multinational Corporation  OBJECTIVES 01. 02. 03. 04. Analyze the Categorize Analyze the Compare the advantages the different factors that highlights of and periods in lead to the the different disadvantages the history emergence periods in of of the history of globalizatio of globalization. globalization n. globalization.. Advantages and Disadvantages of Globalization ADVANTAGES  Peaceful Relations Most of the countries have resorted to trade relations with each other in order to boost their economy , leaving behind any bitter past experiences if any.  Create more employment opportunities Considered as one of the most crucial advantages, globalization has led to the generation of numerous employment opportunities. Companies are moving towards the developing countries to aquire labor force.  Encourages Free Trade Free trade is a policy in which a country does not levy taxes, duties, subsidies or quota on the import/export of goods and services from other countries. There are countries which resolved to free trade in specific regions. This allows consumers to buy goods and services, comparatively at a lower cost.  There are theories of globalization NEOLIBERALISM – it is an economic and political theory that focuses on the importance of free markets, limited government intervention, private ownership, and free trade. PROTECTIONISM - It is a policy that allows government to promote domestic or local producers by imposing tariff and quota  Makes the World a Smaller Place Every single information is easily accessible from almost every corner of the world. Circulation of information is no longer a tedious task and can happen in seconds. The internet has significantly affected the global economy, thereby providing direct access to information and products. Makes the World a Smaller Place “Global village” Communications technology as “shrinking” our world The Internet did not exist in 1982, but in 2006 it comprised 439 million servers connecting people from around the world through e-mail, file transfers, and websites  Improves Travel and Tourism Globalization has promoted tourism to great heights. International trade among different countries also helps in increasing the number of tourists that visit different places around the world.  Cultural Diversity Increased movement of labor leads to an increase in the spread of different cultural ideas. DISADVANTAGES  Health Issues Globalization has given rise to more health risks and presents new threats and challenges for epidemics. The dawn of HIV/AIDS. Having its origin in the wilderness of Africa, the virus has spread like wildfire throughout the globe in no time. Food items are also transported to various countries , and is a matter of concern, especially in case of perishable items.  Loss of Culture With large number of people moving into and out of a country, the culture takes a backseat. People may adapt to the culture of the resident country. They tend to follow the foreign culture more, forgetting their own roots. This can give rise to cultural conflicts. We associate ourselves with global trends - FOODS - MUSIC - ENGLISH LANGUAGE - CARTOON CHARACTER, KPOP, INT’L SINGER - PLAYING ONLINE GAMES Digital Distraction Test 1. Do you find yourself spending more and more time online or on your digital devices (computer, laptop, tablet or Smartphone) than you realize. 2. Do you find yourself mindlessly passing time on a regular basis by staring at your Smartphone, Tablet, or Computer even when there might be better or more productive things to do? And do you seem to lose track of time when on any of these devices? 3. Do you find yourself spending more time with ‘virtual friends’ as opposed to real people nearby? 4. Has the amount of time you spend on your digital devices and the Internet been increasing? 5. Do you secretly wish you could be a little less wired or connected to your devices such as your Smartphone laptop, tablet Internet, etc.? Digital Distraction Test 6. Do you sleep with your Smartphone on under your pillow or next to your bed regularly? 7. Do you find yourself viewing and answering texts, tweets, and emails at all hours of the day and night—even when it means interrupting other things you are doing? 8. Do you Text, Email, Tweet or Surf while driving or doing other similar activities that require your focused attention and concentration? 9. Do you feel your use of technology actually decreases your productivity at times? 10. Do you find yourself feeling somewhat ill-at-ease or uncomfortable when you accidentally leave your phone or other Internet digital device in the car or at home, if you have no service, Digital Distraction Test 11. Do you feel reluctant to be without your Smartphone or other digital devices, even for a short time; when you leave the house you ALWAYS have your Smartphone or other digital device with you? 12. When you eat meals is your Smartphone always part of the table place setting? Digital Distraction Test  If you answer YES to more than 3 or 4 of the questions, then you might benefit from going on a digital diet and making some small but powerful changes in the way you use your Digital Devices and Technology. Environmental Degradation The industrial revolution has changed the outlook of the economy. Industries are using natural resources by means of mining, drilling, ect. which puts a burden on the environment. Uneven Wealth Distribution It is said that the rich are getting richer while poor are getting poorer. Theory of Globalization WORLD SYSTEM THEORY – The expansion of the capitalist system around the world. It is characterized by 3 independent regions: 1.Core countries – highly developed countries 2.Semi-periphery – middle income countries 3.Periphery – developing countries – economically dependent on core countries