Republic of the Philippines Department of

Education
REGION 1V-A CALABARZON SCHOOLS DIVISION OF BATANGAS
PROVINCE MALVAR SENIOR HIGH SCHOOL POBLACION, MALVAR,
BATANGAS

Trends, Networks and Critical Thinking in the 21st Century Culture

Weeks 4 & 5-Components, Operations, Effects and Networks of
Globalization

NAME Rosy Danielle R. Llada

SECTION HUMSS 121
DATE SUBMITTED March 7, 2022
Trends, Networks and Critical Thinking in the
SUBJECT 21st Century Culture SCORE

Learning Task 2:
Identify the meaning of the acronyms below. Then, answer the questions that
follow. (3-5 sentences are enough)

A. UNO – United Nations Organization

B. ASEAN – Association of South East Asian Nations
C. WTO – World Trade Organization
D. NAFTA – North American Free Trade Agreement
1. How do cooperation and collaboration among nations help in economic
developments?
- Collaboration with other countries can work together, think together
and values each other’s perspective and contribution towards their
shared vision values. This can help in development of country side by
side. Cooperation among countries can be an effective tool to
strengthen, share and accelerate health development within countries
and across regions.

2. What gains does each country benefit from globalization?

- For globalization to succeed, it must benefit both the poor and the
rich. It should provide human rights and not just wealth. It must
provide social justice and equality and not just economic development
and must promote communication. Globalization aims to benefit
individual economics around the world by making, Markets more
efficient, Access to New Cultures, The Spread of Technology and
Innovation, Lower Costs for Products. Higher Standards of Living
Across the Globe, Access to New Talent, International Recruiting,
Managing Employee Immigration.

3. How do production of goods and employment generation help the developing

countries in sustaining economic growth?
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- By Increased employee earnings leads to a higher rate of consumer
spending, which benefits other businesses who depend on consumer
sales to stay open and pay vendors. This leads to a healthier overall
local economy and allows more businesses to thrive.