Globalization

World History: Nilsen

What is Globalization?

A term used to describe the changes in societies and the world economy

due to dramatically increased:• Cross-border trade• Investment, and

• Cultural exchange

Technology spurred Globalization.

Communications improved.

Transportation improved.

Computation improved.

Globalization has economic effects.

There is more international trade.

There is more international investment.

There are multinational companies.

Globalization has had political effects.

Conflicts have become increasingly global.

International organizations are

increasingly popular.

Environmental concerns are increasingly global.

Implications of Globalization

Debate rages between fair

and free trade.

A single culture may be emerging.

Globalization will define your working future.