Contemporary World Study Guide PDF

Contemporary World and this is called Language proficiency. The contemporary world is a term that encompasses the current Cultural exchange is the sharing of period, marked by m...

Contemporary World and this is called Language proficiency. The contemporary world is a term that encompasses the current Cultural exchange is the sharing of period, marked by modern ideas, ideas, feelings, stories, customs, issues, and circumstances. It is a traditions, and knowledge between time of rapid change and people of two different backgrounds. development, where advancements in science, politics, warfare, and Advancements in technology have technology have significantly shaped been major factors in globalization. the way people live and interact. Technological progress has been one of the main forces driving Globalization globalization. Examples of technological globalization include Globalization is the process of the growth of multinational increasing interconnection and technology corporations, mobile interdependence among the world's banking, mechanization of people, cultures, and economies. manufacturing, and media globalization. Global citizenship refers to the belief that individuals are members of A global value chain (GVC) refers to multiple, diverse, local and non-local the full range of activities that networks, rather than single actors economic actors engage in to bring affecting isolated societies. It is the a product to market. The global concept that the scope of one’s civic value chain does not only involve duty is not only local, but also production processes, but includes the planet as a whole. preproduction (such as design) and post production processes (such as Global Citizenship Education marketing and distribution). (GCED) is an educational approach that aims to equip learners with the Global markets are international knowledge, skills, values, and economic systems where companies attitudes needed to thrive in an trade goods, services, and securities interconnected world. It emphasizes across borders. They enable the importance of understanding businesses to expand beyond their global issues, respecting diversity, domestic boundaries and tap into and taking responsible actions to new customer bases worldwide. promote a more just, peaceful, and These interconnected networks sustainable world. involve trade between different countries or regions around the Through education, people may world. acquire new languages easily and become proficient communicators across linguistic and cultural divides  Global knowledge refers to the deserve acknowledgment of their capacity and disposition to differences within a dominant understand and act on issues of political culture. global significance1. It involves drawing on knowledge from sources outside of one's country and Regionalism is a political ideology interpreting it without bias. The that seeks to increase the political Global Knowledge Index is a measure that tracks the knowledge power, influence and performance of countries across self-determination of the people of various areas. one or more subnational regions. It focuses on the "development of a Global Interstate System influence political or social system based on the interaction between nations one or more" regions,and/or the A global corporation, also known as national, normative, or economic a global company, is coined from the interests of a specific region, group base term ‘global’, which means all of regions or another subnational around the world. It makes sense to entity,gaining strength from or assume that a global company is a company that does business all over aiming to strengthen the the world. "consciousness of and loyalty to a distinct region with a homogeneous Example : Apple Inc.,Toyota Motor population", similarly to nationalism. Corporation,Nestle SA,Coca-Cola Co., Amazon,Microsoft and McDonald's Unilateralism is any doctrine or agenda that supports one-sided FACTORS OF GLOBALIZATION Interconnection action. Such action may be in Intensification disregard for other parties, or as an Time-space distanciation expression of a commitment toward Supraterritoriality a direction which other parties may Time-space compression find disagreeable. Action at a distance Accelerating interdependence Trade and transactions Multiculturalism refers to the view that cultures, races, and ethnicities, particularly those of minority groups,