TOPIC : GLOBALIZATION AND DIVERSITY OF CULTURE WELCOME TOPIC : GLOBALIZATION AND DIVERSITY OF CULTURE

Introduction to Globalization Globalization is the growing interconnectivity of all aspects of the world, especially the world economy, through IT resources. In practical terms, this means that people and businesses can disregard physical distances using IT. Globalization affects many other global issues as well. Introduction to Globalization

Cultural Diversity is ethnic, gender, racial, and socioeconomic variety. Globalization has had a profound effect on cultural diversity around the world. These effects have been both positive and negative. Negative effects include the fact that the American monopoly on culture has weakened cultural diversity in foreign countries. Cultural Diversity

The causes of globalization The most important causes of globalization differ among the three major components of international market integration: trade, multinational production, and international finance. The information technology revolution has made it very difficult for governments to control cross-border capital movements, even if they have political incentives to do so. The causes of globalization

Social Importance The importance of understanding globalization is evident whenever one walks into a clothing store. All of those clothes are made overseas. Can you trust that those clothes were made by adults and not children? Can you be sure that American jobs were not lost to overseas workers? Do you know if those clothes are of the same quality as American-made clothing? Do you know if workers are being treated well? The answer to all of these questions is no. Globalization can make Americans lose their jobs. Globalization is putting China on the fast track to world domination. If one does not understand globalization, one cannot make wise decisions when purchasing. One must understand the issues with globalization in order to be part of the solution, not the problem.

The Positive Aspects of Globalization Developing countries get access to the latest technology. Increased competition forces companies to lower prices. This benefits the end consumers. Increased media coverage draws attention of the world to human right violations. This leads to improvement in human rights.

The Negative Effects of Globalization Terrorists have access to sophisticated weapons enhancing their ability to inflict damage. Terrorists use the Internet for communicating among themselves. Companies have set up industries causing pollution in countries with poor regulation. Developed nations have outsourced manufacturing and white collar jobs, clearly meaning less jobs for their people.  The Negative Effects of Globalization

In the Chinese town of Shenzhen, workers must deal with low pay and are overworked. One 19-year-old worker died after a 16-hour shift. Safety standards are inadequate. As of 2002, 1 out of every three pairs of shoes is made there. This shows that consumers are unaware of the conditions in which their products are made. They are part of a large human rights problem, and need to be made aware. CASE STUDY

References www.webuse.com www.wikispaces.com www.itgsopedia.com www.images.google.com References

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