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Globalization – a definition  The trend toward greater interconnectedness of the world’s economic, technological, political, cultural and environmental.

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Presentation on theme: "Globalization – a definition  The trend toward greater interconnectedness of the world’s economic, technological, political, cultural and environmental."— Presentation transcript:

1 Globalization – a definition  The trend toward greater interconnectedness of the world’s economic, technological, political, cultural and environmental systems.

2 Intro to Globalization PPT ADAPTED FROM VIDEO MADE BY WISSENSWERTE.E-POLITIK.DE

3 All linked together Economy Ecology Society Politics

4 Regional Organizations have more influence

5 Communications Radio, TV, Phones, Internet Information is transferred worldwide, realtime, cheaply TV delivers opinions clobally, even to remote areas. Eg. Everyone knows Justin Bieber, Gangnam Style

6 Transportation Container Shipping Air Freight Prices Down

7 Trade Open Markets Reduced import tariffs, quotas and bans.

8 Paving the way for big business  Put logo of coporation here New Technology Decreasing Transportation Costs Liberalization of international trade

9 Three main areas of Globalization

10 Economic Sphere

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12 MNC’s – Multi- Natinoal Coporations Looking for: Markets Chap production

13 Political Sphere Important Policy Issues go beyond borders. Seeking solutions from groups and organizations

14 Political Sphere NGO’s – Non Government Organizations can exert influence on politics Greenpeace Anesty International Not democratic

15 Political Sphere Emergence of Global Political Forum - Small states become less influential - Have you heard of Liberia, Togo, Mauritius?

16 Cultural Sphere “McWorld” – dominance of western culture. Music News Product English Language

17 Who wins with Globalization Newly industrialized economies Emerging economies in Brazil, Russia and China

18 Who wins with Globalization? China – 500 million have left extreme poverty

19 Coutries that are not benefiting Many Sub-Saharan countries are not ready, and have difficulty catching up - Cheap products flood local markets, which can’t compete - Little direct investment because of lack of infrastructure eg. Transportation

20 Industrialized Countries New Markets but Increased Competition

21 Globalization New challenges and opportunities


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