GLOBALIZATION

Interdependence:dynamic of being mutually responsible to and

sharing a common set of principles with others.

ie. Advances in technology, Global Village, the need for everyday items

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Interconnectedness:To be involved with each other , often in very

complex ways

ie. water cycle, oxygen cycle, food chain

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What is Globalization?The trend toward greater interconnectedness

of the world’s systems.It can be described as a process by which the

people of the world are unified into a single society and function together.

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What does Globalization mean?To some it means:- A global village where everyone is linked by

the latest advances in technology - The reason a local factory shuts down only to

reopen thousands of kilometers away (why?)- Destruction of local cultures and weakening of

traditional beliefsWhy do views vary so greatly?

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1. Globalization is an ongoing, evolving process. Its ultimate impacts are as of yet unclear.

2. There is NOT one form of globalization. Each will occur separately or in combination with another.

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Financial GlobalizationWorld ‘s financial systems are intimately

interconnected – affect each other in a wave pattern

New York Tokyo & Hong Kong Europe New York

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Economic GlobalizationPast = corporation in 1 countryPresent = integrated operation around the world

Support = efficiency and greater global wealthOpposed = only increases the difference

between country’s, creates more power and influence

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Cultural GlobalizationGradual harmonization of cultures instead of

distinct local culturesIe. Someone in India eating a donair and

watching the Simpsons on HD TV

Opposed - world culture = American culture

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Technological GlobalizationGlobal Village = Technological Globalization

Process not a destination

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Political GlobalizationAdoption of uniform policies

Ie. NATO (Canada, USA and Mexico)

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Ecological GlobalizationSingle ecosystem working together

Ozone depletion = Montreal Protocol- Treaty to reduce the amount of ozone

depletion in the atmosphereGlobal warming = Kyoto Protocol- Treaty to address the amount of CO₂ entering

the atmosphere

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Sociological GlobalizationMembers of a single world society rather than

individual and distinct nationsCommon attitudes and behaviors

- morality of capital punishment- role of women in society- sexual orientation- right to practice religion

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Geographical GlobalizationPast = world in terms of 1 country (borders)

Present = borderless world with manyrelationships

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