structured organization) embarks on a journey where the
GEN 005 - THE CONTEMPORARY
WORLD
GLOBAL INTERSTATE SYSTEM – the modern world system is a
system of competing and allying states.
GLOBAL GOBERNANCE – it is a movement towards political
cooperation among nations.
INTERNATIONAL CRIMINAL COURT OF JUSTICE -
The international Criminal Court (ICC) is an intergovernmental
organization and international tribunal that sits in The Hague,
Netherlands.
FOREIGN DIRECT INVESTMENT (FDI) – is a purchase of an
interest in a company by a company or an investor located
outside its borders.
 Foreign direct investments are substantial
investments made by a company into a foreign
concern.
 The investment may involve acquiring a source of
material
 As of 2020, the U.S. is second to China in attracting
FDI.
TYPES OF FOREIGN DIRECT INVESTMENTS
 A horizontal direct investment, a company
establishes the same type of business operation in a
foreign country as it operates in its home country.
 A vertical investment, a business acquires a
complementary business in another country. For
example, a U.S. manufacturer might develop an
interest in a foreign company that supplies it with
the raw materials its needs.
 In a conglomerate type of foreign investment, a
company invests in a foreign business unrelated to its
core business.
Examples of foreign direct investments may involve mergers,
acquisitions, or retail, services, logistics, or manufacturing
partnerships.
FOREIGN PORTFOLIO INVESTMENT (FPI) – is the addition of
international assets to a company’s portfolio, an institutional
investor such as a pension fund, or an individual investor.
Foreign direct investments (FDI) requires a substantial
investment in a company based in another country.
One of the most prominent examples of FDI in the world
today is the Chinese initiative known as One Belt One Road
(OBOR).
TECHNOLOGICAL INNOVATION – is the process where an
organization (or a group of people working outside a
importance of technology as a source of Innovation has been
identified as a critical success factor for increased market
competitiveness.
TECHNOLOGY – is applying scientific knowledge for practical
purposes or the branch of knowledge concerned with applied
sciences.
INNOVATION – is evolutionary and is a response to an
unsolved problem and unexploited opportunity.
CREATIVITY – involves the use of imagination or original ideas
to create something.
INVENTION – is the creation of a new product or service or
process; innovation introduces new product or service or
process into the marketplace.
CHANGES DUE TO TECHNOLOGY
1. Transportation
2. Communication
3. Education
4. Job Creations
5. Health Care
6. Relationships
7. Crime Detection
TYPES OF INNOVATION
 Incremental innovation – these are small but
important improvements in a product, process or
service. Such innovations are associated with
enhanced customer satisfaction.
 Architectural innovation – these innovations take
existing technologies and link new technologies in
novel ways; they are built not on new technological
breakthroughs but on integrating competencies. Ex:
change of shape of a car with no change in engine.
 Radical innovation – these innovations are
revolutionary. Railroads, electricity, computers, the
internet can be termed as breakthrough innovations.
INTERDEPENDENCE – it is the state being dependent upon
one another: mutual independence. It is also a connection
between subjects where one subjects needs can be fulfilled
by the other subject’s resources.
EQUITY DISTRIBUTION – it is a contract typically used by
company that offers another party the ability to distribute
shares through what’s known as an at-the-market offering
program.
NATIONAL SOVEREIGNITY – it is the absolute authority over a
certain territory.
ECONOMIC SYSTEM – is a system of production, resource
allocation, and distribution of goods and services within a
society or a given geographic area.
FOUR MAIN TYPES OF ECONOMIC SYSTEM
 Traditional economic system – is the most basic of all
the economic types and in practice since ancient
times.
 Command economy system – a more advanced
economic system compared to the traditional
financial system. It involves planning from a
centralized point either a local government or indeed
the national government as under communist rule.
 Market economic system – is a system where the
laws of supply and demand direct goods and
services.
 Mixed economy – is an economic system combing
private and public enterprises.
PLANNED ECONOMY – the businessmen decide what to
produce, how much
PRIVATE PROPERTY – individuals can have own properties as
long as he can have the means to buy
SUSTAINABLE WORLD – is the outcome of different
development strategies and program implementation that will
keep the world in existence over a long time.
SUSTAINABILITY – is living to minimize human’s negative
impact on the earth and the animals and plants we share with
it.
SUSTAINABLE DEVELOPMENT – is conducted without
depletion of natural resources.
CLIMATE CHANGE – contributes to global warming.
ENERGY CONSUMPTION – curve our energy consumption and
find better ways to create energy (solar, wind, water, etc).
SUSTAINABLE SOURCING – sourcing local and buy local helps
the farmers to plant and grow more.
TECHNOLOGICAL DEVELOPMENT – is the creation or
enhancement of systems of infrastructure with an expectation
of an increase in the efficiency that people can use their time
to convert resources into the means to meet their wants and
needs, such that it will increase the quality of life of a
community and,
HUMAN DEVELOPMENT – is the identification and removal of
the obstructions within the self, family, or community that
prevent people from being able to meet their needs.
FOOD AVAILABILITY – relates to the supply of food through
production, distribution and exchange.
FOOD ACCESS – refers to the affordability and allocation of
food and the preferences of individuals and households.
FOOD UTILIZATION – people must have access to a sufficient
quantity and diversity of foods to meet their nutritional needs
and must also eat and properly metabolize such food.
D STABILITY – refers to the ability to obtain adequate food
over time.
BUFFER STOCK – is system or scheme which buys and stores
stocks at times of good harvests to prevent prices falling
below a target range.
PUBLIC DISTRIBUTION SYSTEM – is a government-sponsored
chain of shops entrusted with distributing basic food and non-
food commodities to the needy sections of the society at very
low prices.
FOOD INSECURITY – is defined by the United States
Department of Agriculture (USDA) as a situation of “limited or
uncertain availability of nutritionally adequate and safe
foods.”
TYPES OF FOOD INSECURITY
 Chronic food insecurity – a long term and persistent
condition of food security.
 Transitory food insecurity – a short term and
temporary condition of food insecurity.
 Seasonal food insecurity – a condition of food
insecurity that reoccurs predictably, following the
cyclical pattern of seasons.
Last March 2, 2023 there was a fire in the area of Barangay
Pantal, Dagupan City, the students of Upang quickly held a
program for the victims. The NSTP Outreach Program was
held on March 9, 2023, at 9:00 am. The program was also
held in the said Barangay where the fire happened. There are
18 families affected by the fire. The NSTP Outreach Program
donated fresh vegetables such as eggplants, carrots, tomatoes
and many more. They also donated some important goods for
the victims like coffee and sugar. The CAS-NSTP Outreach
Program, was led by the NSTP Students, NSTP Coordinator
and College of Arts and Sciences faculty in partnership with
the CSDL, SSC, CAHS, Health Campaign and Red Cross
Pangasinan-Dagupan Branch, they all worked as one to
provide some goods for the victims and to make the program
successful.

During the distribution of foods, the members made sure

that the people followed the protocols to assure the safety of
everyone.

In times of emergencies, or when some people are needing

some help, Upang students are always on the way to help the
people in needs. We should make a way to help people even
in a small ways because we never know how much it means
to them. Little help can make a big impact for them to stand
up, fight the battles and face new beginnings