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This document presents an overview of the contemporary world, defining globalization and its key characteristics. It touches upon interconnectedness, economic and cultural exchanges, and the impact of technology on different societies.
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The Contemporary World What is CONTEMPORARY WORLD? Refers to circumstances and ideas of the present age, where it deals with problems and issues related to environment, population, wealth, power, tensions and conflicts. Why study CONTEMPORARY WORLD? 1. To be aware about Cont...
The Contemporary World What is CONTEMPORARY WORLD? Refers to circumstances and ideas of the present age, where it deals with problems and issues related to environment, population, wealth, power, tensions and conflicts. Why study CONTEMPORARY WORLD? 1. To be aware about Contemporary World problems and issues that all societies must be concerned. 2. To developed competencies and construct knowledge about problems and issues and become aware of our roles and our responsibilities as citizen. What is Globalization? Globalization: It is the increased interconnectedness and interdependence of people and countries, through opening of international borders to increasingly fast flows of goods, services, finance, people and ideas and the changes in institutions and policies of national and international levels that facilitates or promote such flows. With the birth of Information Technology and the widespread of these makes the world interconnected to each other. Because of these that anything and everything becomes global. Networking plays a pivotal role in establishing relationship between nations in the world resulting to the introduction of new normal Globalization. What are the differences of Globalization, Internationalization and Westernization? Globalization: Globalization the speed up of movements and exchanges of human resources, goods and services capital, technologies and cultural practices between countries in the world or expansion and intensification of economic, political and social relations and consciousness across the world. Internationalization describes designing a product in a way that it may readily consumed across multiple countries. Westernization is a process whereby societies come under or adopt western culture in areas such as industry, technology, politics, economics, lifestyle, law, norms, mores, customs and traditions. Examples of Globalization Trade developments and financial exchanges, we often think of globalization as an economic and financial phenomenon. Nonetheless, it includes a much wider field than just flowing of goods, services or capital. Economic globalization: is the development of trade systems within transnational actors such as multinational corporations or NGOs Financial globalization: can be linked with the rise of a global financial system with international financial exchanges and monetary exchanges. Cultural globalization: refers to the interpenetration of cultures which, as a consequence, the nations adopt principles, beliefs, and costumes of other nations, losing their unique culture. Political globalization: the development and growing influence of international organizations such as the UN or WHO means governmental action takes place at an international level. Sociological globalization: the integration of different cultures of different societies become possible. Technological globalization: the phenomenon by which millions of people are interconnected because of the power of the digital world via platforms such as Facebook, Instagram, Skype or Youtube Geographic globalization: is the new organization and hierarchy of different regions of the world that is constantly changing. Moreover, with transportation, flying made so easy and affordable, apart from a few countries with demanding visas, it is possible to travel the world without barely any restrictions or less restrictions. Ecological globalization: accounts for the idea of considering planet Earth as a single global entity – All societies should protect since the weather affects everyone and we are all protected by the same atmosphere. To this regard, it is often said that the poorest countries that have been polluting the least will suffer the most from climate change. THE BENEFITS OF GLOBALIZATION Globalization has benefits that cover many different areas. It reciprocally developed economies all over the world and increased cultural exchanges. It also allowed financial exchanges between companies. Many people are nowadays citizens of the world. The origin of goods became secondary and geographic distance is no longer a barrier for many services to happen. Characteristics of Globalization 1. Creation and Multiplication of connections 2. Expansion and Stretching of connections 3. Intensification and Acceleration of connections 4. Consciousness and awareness of connections Thank You !