Factors of Globalization PDF

Factors of Globalization  Globalization: The interaction and interconnectedness of individual people, companies, and government around the world. 2  Globalization 4 Factors Social / Economi Environment Cu...

Factors of Globalization  Globalization: The interaction and interconnectedness of individual people, companies, and government around the world. 2  Globalization 4 Factors Social / Economi Environment Cultural Political al c 3  Cultural / Social “ Globalization The transmission (spread) of ideas, values, and norms across the world. These are spread through media, popular culture, and international travel. 4  A quick note on culture... Pop Culture High Culture Traditional Culture This is the type of This is the fancy-pants This is the kind of culture we interact kind of culture. It culture that is often with often. It’s called usually has roots in passed down tradition, and has generationally. It is “pop” because, well, strong ties to the elite. often tied to language, it’s popular. Think An example is at a religion, ethnicity, and Marvel movies, top Michelin-Star restaurant region. Think about 40 hits, major where there is a dress what people across YouTube channels, code and you have to different cultures sitcoms, etc. use the right forks. celebrate. A good There are barriers to example is what people high culture, class being traditionally do for the biggest. weddings and funerals. 5  Pop Culture & Globalization Pop culture is now more universal than ever. While different countries have their own movies, music, TV, and other media, there is a lot of media that is very popular worldwide. 6  Example → McDonald’s What are some of the pros and ❖ 119 = Number of cons to having countries McDonald’s McDonald’s operates in available across the world? ❖ 37,000 = Number of McDonald’s restaurants across the world ❖ 68,000,000 = Number of McDonald’s customers served each day 7  Example → McDonald’s In your opinion, do these menu adjustments make up for the popularity of North American fast foods over traditional foods? 8  Some Key Words Homogenizatio Diversification: Universalizatio n: A process n: A process where things A process where are made to be where a piece everything different, or of culture is becomes the diverse, from understood by same. one another. a variety of people (e.g. “I Am 9 Groot”)  Hybridization The mixing of two different forms to create something new. The blending of two different cultures. 10  Digital Divide So much of global culture is accessed through technology, but there are people in the world who do not have access to phones, computers, or the internet at all. What advantages or disadvantages might this digital divide create for affected countries? 11  Political “ Globalization Refers to: ❖ Intergovernmental organizations, like the United Nations ❖ Laws and interactions between countries 12 Political Globalization Examples: ❖ NAFTA = free-trade agreement between Canada, USA, and Mexico ❖ EU = union of 28 European countries ❖ UN = international organization created to address international peace & security 13  Economic “ Globalization The creation and trading of goods and services all across the world. Motivations for economic globalization are often based in costs and profit. 14  Economic Globalization: Example As you watch the video, count how many countries a T-shirt goes to before being sold in a store. Make a tally on a scrap piece of paper. 15  Economic Globalization: Example This is the impact of the clothing industry on Bangladesh. 16  Question: What are some of the negative consequences of producing products in other countries where the goal is to make them as cheaply as possible? 17 Quiz time! How many of these logos can you name? Make a list on a piece of paper. Which group can name the most?! 18 19  Transnational Corporations Most of these companies are Transnational Corporations (that is, corporations that operate in more than one country). https://devoutinfidel.files.wordpress.com/2012/04/original.jpg 20  Some More Key Terms Monopoly Outsourcing Urbanization Just like the board When a company When people move game, companies try sends work to into cities rather to control as much of another part of the than living in the worldwide sales as world because it is country. Usually, it’s they can. cheaper or more to find work in efficient. manufacturing jobs. Ex: Nestle owning many food companies Ex. Joe Fresh and H&M using factories in Bangladesh or China. 21  Big Takeaways of Economic Globalization Benefits Drawbacks In the end... Using other countries to Though cheaper, There are companies make your products producing goods in that make an effort to (outsourcing) means countries who have manufacture their cheaper, more lower costs to produce products in factories accessible clothes that often means worker that treat their many people can afford. rights are compromised employees well and It also provides lots of and pollution is don’t pollute as much, jobs to the countries rampant. but these cost much where these products more. As of now, we are made. don’t really have a solution that provides cheaper clothes that don’t hurt the 22 environment or workers.  Environmental “ Globalization The increased role of global institutions in managing the conservation of resources. Connected to economic globalization in that economic development often has a very negative impact on the environment. 23