GLOBALIZATION
by Dave Veroy
1. How new is globalization
2. Establish its current meaning in the 1970's
3. European Age/Voyage to Modern World
4. Earliest usage as a noun on 1930 in the book "Towards New Education"
5. By 1960, Term began to use by economist, scientist.
6. Gain its fame in later 1980's
7. Large Scale globalization began in 19th to early 20th century.
8. (1983)Harvard Business publish "Globalization on Markets''.
9. which in 1992 define as the the compression of the world and the intensification of the consciousness of the world as a whole.(Thomas Larsson)
10. What has led to an increased globalization?
11. Trade philosophies
12. In creation of religions
13. Epidemic Diseases
14. Technologies
15. Western States learned principles from the east.
16. Expansionism(method of managing global trade) .
17. Positive Effects:
18. Greater Oppurtunities
19. New Markets Access to capital flow
20. larger export
21. Closing of Tech gap
22. FDI provide incentives to adopt
23. Benefits:
24. Free trade
25. low oppurtunity cost
26. Greater choice of goods
27. Bigger export markets
28. Bigger domestic manufacturers
29. Greater competition
30. Investment
31. less cultural diversity
32. Greater levels of immigration
33. changing the ethnic cultural
34. What is globalization?
35. World view of:
36. Culture
37. Ideas
38. Products
39. Telecommunications
40. Transportations
41. International Network of Economic System
42. Major Factors
43. Internet
44. smartphones
45. Generating Interdepedence
46. Basic Aspects:
47. Migration, Transaction, Investment, Capital.
48. Connected with Overfishing, Air pollution, Global Warming.
49. Subdivision:
50. Economic Globalization
51. Cultural Globalization
52. Political Globalization
53. States became interdependent to each other.
54. American as a Universal Culture
55. Negative Effects:
56. Competition
57. Lower Environmental Standards
58. Volatility of Capital Flows Increases.
59. Currency crisis
60. Third world counties prevent from accessing export materials
61. harm on environment
62. Diseases
63. Cheaper imports
64. Jobs
65. Future:
66. Multicultural Societies
67. " FARTHER, Faster, Cheaper, and Deeper"
