Globalization & Its Features PDF

UNIT 1 GLOBALIZATION & ITS FEATURES HISTORICAL PERIODS OF GLOBALIZATION 1. THE PREHISTORIC PERIOD (10000 BCE – GLOBALIZATION: 35000 BCE) people, ideas, and goods spread...

UNIT 1 GLOBALIZATION & ITS FEATURES HISTORICAL PERIODS OF GLOBALIZATION 1. THE PREHISTORIC PERIOD (10000 BCE – GLOBALIZATION: 35000 BCE) people, ideas, and goods spread globalization was severely limited due to throughout the world absence of technology spurs more interaction and integration between the world’s culture, 2. THE PRE-MODERN PERIOD (3500 BCE – governments, and economies 1500 CE) invention of writing and wheel were FEATURES OF GLOBALIZATION great social and technological boost wheel and roads made transportation 1. FARTHER: efficient increased reach and scope writing facilitated the spread of ideas vast distances connecting people from all corners of 3. THE EARLY MODERN PERIOD (1500 - 1750) the globe period between Enlightenment and the Renaissance 2. DEEPER: European Enlightenment project tried to greater level of integration achieve a universal form of morality and economic interdependence, cultural law exchange, and political cooperation led to the capitalist world system 3. CHEAPER: 4. THE MODERN PERIOD (1750 - 1970) advancements and reduced trade innovations in transportation and barriers made goods and services more communication technology, population affordable explosion, and increase in migration lead to; 4. FASTER: more cultural exchanges and information, goods, and people can transformation in traditional social move across borders has accelerated patterns significantly process of industrialization accelerated due to technological innovations 5. THE CONTEMPORARY WORLD (1970 - ATTRIBUTES, QUALITIES OR CHARACTERISTICS PRESENT) OF GLOBALIZATION globalization accelerated dramatically, a significant leap in its history. 1. Involves both creation of new social networks and the multiplication of DIMENSIONS OF GLOBALIZATION existing connections that cut across traditional, political, economic, cultural, 1. ECONOMIC DIMENSION: and geographical boundaries. extensive development of economic relations 2. Globalization is reflected in the due to technology and enormous flow of expansion and the stretching of social capital relations, activities, and connections. resulted in wide gap between the poor and rich 3. Globalization involves intensification and acceleration of social exchanges and 2. POLITICAL DIMENSION: activities. enlargement and strengthening of political interrelations 4. Globalization affects both physical Political Issues that Surfaced in this reality and human consciousness. While Dimension: local and national identities persist, we o the principle of state sovereignty increasingly think and act globally.  UNIT 1 o Increasing impact of various intergovernmental organization o future shapes of regional and global governance 3. CULTURAL DIMENSION: increase in the amount of cultural flows cultural diversity often results hybridization – a constructive interaction process between global and local characteristics 4. RELIGIOUS DIMENSION: personal or institutionalized set of attitudes, beliefs, and practices faithful devotion most important defining element of civilization contrasted with race, language, or way of life central 5. IDEOLOGICAL DIMENSION: system of widely shared ideas, beliefs, norms and values globalism is an ideology that gives concept of neo-liberal values and meanings to globalization Major Ideological Claims of Advocates of Globalism: o globalization is about the liberalization and global integration of markets o globalization is inevitable and irreversible o nobody is in charge of globalization o globalization benefits everyone o globalization furthers the spread of democracy in the world