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Nayre, Jhayza Margarette P.

Nayre

1. What is Economic Imperialism?

- Economic imperialism is simply the transfer of capital from one country to


another. Economics imperialism is a significant tendency in both
development theory and social capital, both broadly and in its application
to development specifically. Understanding economic imperialism is
critical if one is to comprehend how social capital is often understood and
altered via application to development programming.
2. Why is it globalization is a process?

- Globalization is described in geography as the set of processes


(economic, social, cultural, technical, and institutional) that contribute to
the link between societies and persons worldwide. It is a dynamic process
that intensifies interactions and flows between different regions of the
planet.

3. What are 5 dimensions of global culture?

- The 5 dimensions of global culture ethnoscapes, mediascapes,


technoscapes, financescapes, and ideoscapes.

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