Gec103 Module 1

Republic of the Philippines
Laguna State Polytechnic University

Province of Laguna
ISO 9001:2015 Certified
Level I Institutionally Accredited
LSPU Self-Paced Learning Module (SLM)

Course GEC 103 – The Contemporary World
SEM/AY First Semester/2022-2023
Module No. 1.1
Lesson Title INTRODUCTION TO GLOBALIZATION
Week
2
Duration
Date August 22-26, 2022 and August 29 – September 2, 2022
Description This lesson introduces various definitions of globalization. You will learn to understand
of the its key features, and this will familiarize you with the multiple factors which have
Lesson contributed to the process of globalization and the terms associated with it.
Learning Outcomes
Intended Students should be able to acquire the following intended learning outcomes:
Learning  Define globalization
Outcomes  Recognize the critical features of globalization
 Determine the factors contributed by the elephant of globalization
 Create a photo album that will reflect globalization experience
Targets/ At the end of the lesson, students should be able to:
Objectives  develop a refined definition of globalization
 make a standpoint regarding globalization
Student Learning Strategies
Online Activities A. Online Discussion via Google Meet

(Synchronous/
You will be directed to attend a one hour class discussion for two consecutive
Asynchronous) meetings. For further instructions, refer to your Google Classroom and see the
schedule of online activities in your course guide for the whole semester.
B. Asynchronous Activity
This module is available in the Google Classroom for reading and studying
asynchronously
LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

Province of Laguna
Learning Guide Questions
1. What is globalization?
2. What are the characteristics of globalization?
3. How have you experienced globalization?
4. Why is it crucial to emphasize that globalization is uneven?
5. What is the difference between globalization and globalism?
Lecture Guide
DEFINING GLOBALIZATION
"Globalization" is a catchphrase familiar to anyone tuned in to social media.
We hear the term globalization on the news every day, we read it in the papers,
and we overhear people talking about it. What does this term mean? Globalization
denotes a variety of ways to connect nations, states, regions, and people.
Transportation and communication systems are becoming more advanced, more
closely related, and more interdependent in terms of culture, economy, politics,
social, technological, environmental, and spatial aspects.
Offline Activities
(e-Learning/Self-
Paced)
Image Source: http://econintersect.com/images/2020/09/83878202Globalization.people.png
Anyone can give their definition of globalization according to each

perspective. On the other hand, this word is sensational, that it brings about
confusion and contradictions. The following are examples of definitions of
globalization from some scholars of the said phenomenon:
 Globalization is the worldwide intensification of social relations. It creates
linkages among distant localities in such a way that local events are shaped

Province of Laguna
by actions occurring many miles away and vice versa. (Giddens, 1990 in
Steger, 2003 p 10).
 Globalization is the compression of the world and the intensification of

worldwide consciousnes. (Robertson, 1992 in Steger 2003 p10).
 Harvey (1989) as mentioned in Coronacion et al. (2018, p4) introduced
globalization as the compression of time and space and the annihilation of
distance.
 Manfred Steger (2013) defined globalization as the expansion and

intensification of social relations and consciousness across world-time and
world-space.
Steger (2005) as mentioned in Coronacion et al. (2018, p5) argued that there is no
generally accepted definition of globalization. However, globalization can be
viewed in different perspective; a process, a condition, and an ideology.
THE ELEPHANT OF GLOBALIZATION
Source: http://digiciv-mixtiffani.blogspot.com/2012/02/elephants-and-globalization.htm
GLOBALIZATION AS A PROCESS
As a historical process, it started long before the recent years of information

technology, the end of the cold war or even the end of the Second World War. It
has its bases earlier, in the development of capitalism and industrialism, and in the
institutions, technologies and incentives these systems brought along. (Martell
2010, 5)

Province of Laguna
As an economic process, the economic aspects of globalization are: free trading,
production process, and liberalization and internationalization of financial
transactions. This is the growing connection of national economies through
multinational firms. (Steger, 2014).
As a political process no longer function along the lines of discrete territorial
units, the political order of the future will be one of the regional economies linked
together in an almost seamless global web that operates according to free-market
principles. "Globalization refers to gradual processes of 'relative
deterritorialization' that facilitate the growth of 'supraterritorial' relations
between people." (Scholte, 2008 in Steger, 2014, p. 9)
Globalization, as a cultural process, lies at the heart of modern culture;, "cultural

practices lie at the heart of globalization." (Tomlinson, J., n.d. in Steger, 2014, p. 11)
GLOBALIZATION AS A CONDITION IS RELATED TO THE TERMS GLOBALITY

AND GLOBALISM
Globality refers to social condition characterized by trans-planetary connectivity

and supra-terrioriality. Trans-planetary is the social link between people from
different parts of the world; while connections transcends geographical units in
supra-territorial relations. (Sholte, 2008 in Coronation et al 2018, p8)
Globalism has not eliminated territorialism, which remains essential, for instance,
in production, governance, ecology, and identities. The world is both territorial and
global; no pure globality exists independently of territorial spaces. "The global is
not a domain separate from regional, national, provincial and local levels, and there
is an intersection of all these" (Martell, 2010, p. 11). Globalism is a political belief
system—an ideology that justifies cultural, social, economic, and political
globalization.
GLOBALIZATION AS AN IDEOLOGY
As an ideology, globalization has six core claims (Steger 2005):
1. Globalization is about the liberalization and global integration of markets.

2. Globalization is inevitable and irreversible.
3. Nobody is in-charge of globalization.
4. Globalization benefits everyone.
5. Globalization furthers the spread of democracy in the world.
6. Globalization requires a global war on terror.
TERMS ASSOCIATED TO GLOBALIZATION
•Internationalization involves the growth of transactions and interdependencies

between countries. (Martell 2010)

Province of Laguna
•Liberalization refers to the removal of constraints on movements of resources
between countries—an open, borderless world. (Martell 2010)
•Universalization involves the dispersion of objects and experiences to all parts
of the earth. It sometimes refers to standardization and homogenization. (Martell
2010)
•Westernization is when colonial structures of Western countries such as
capitalism, industrialism, rationalism, urbanism, individualism, and democracy, is
being absorbed by other nations. (Martell 2010)
ENRICHMENT ACTIVITIES
Watch the following videos:
1. Globalization Explained https://youtu.be/JJ0nFD19eT8

2. Advantages and Disadvantages of Globalization
https://youtu.be/o7o0__2ULrg
3. The Impacts of Globalization https://youtu.be/dWjWfyzmk1Q
Read:
Globalization: Definition, Benefits, Effects, Examples" available at

https://youmatter.world/en/definition/definitions-globalization-definition-
benefits-effects-examples/
WRITING ACTIVITY: DEFINITION OF GLOBALIZATION

Total Points _____/10
Instructions:
1. This is a collaborative work so you need to group yourselves into a
maximum of five members.
2. Search for scholarly definitions of globalization, choose the one that you
find sensible.
3. Write the definition including the name of the proponent. Cite your
reference.
4. Write your impression or understanding about the definition. Minimum of
50 words, maximum of 100 words (this is aside from the definition).
5. Submit your work in Word Document File with the full name of all group
members.
6. Upload your work in the Google Classroom under this activity.

Province of Laguna
5 points 4 points 3 points 2 points 1 point

Answer shows
Answer shows Answer contains The writing
Answer shows basic
accuracy and inaccurate and shows no
an adequate understanding
Content
rich incomplete understanding

understanding yet contains few
understanding information and of the concepts
about the topic. shallow
about the topic. Irrelevant ideas and instructions
concepts
Answer shows Answer contains
Answer contains
organization, several
few organization
Clarity
clarity, and organization and

and convention
convention is convention
issues.
good. issues.
Completion
Submitted on or Submitted one

Effort and
before the due day after the due

Time
date date
Performance Task
ILO TASK #1 Innovations that Bring Us by Globalization
Instructions:
Provide things that are used at home that help your daily lives and are caused by globalization.
1. Take 10 pictures of things that help you and your family in everyday lives and are
caused by globalization (Ex. Appliances, Gadgets, Vehicles, etc.)
2. Explain the use/s, material use, and the country of origin
3. You can use colors, cut-out pictures from newspapers, magazines, to perk up your
activities
4. Use an A4 size bond paper, cut out pictures will also do for the activity
5. The submission of your activity will be on your instructor’s discretion
a. Submission of the activity is on or before the final examination week
Product Use/s Material Origin
Toyota Innova We use for our Majority are made of Made in
personal travel metal Japan
(Picture) and family
business
because…

Province of Laguna
Understanding Directed Assessment

Rubric for Performance Task # 1 Photo Album Total Points _____/20

Following Directions The work is The work is The work is The work The work
planned planned planned shows little shows no
Demonstration that the carefully; carefully; adequately; evidence of understanding
instructions and understanding understanding understanding understanding of the concepts
concepts are clearly of all concepts of most of some the concepts and
understood and concepts and concepts and and instructions
instructions is instructions instructions instructions
clearly shown are shown shown
Craftsmanship/Lay-out The work The work The work The work The work
Skill shows shows good shows average shows below shows poor
outstanding craftsmanship, craftsmanship average craftsmanship
Neatness, precision, care craftsmanship, with some attention to craftsmanship and no
with clear attention to details and attention attention to
attention to details to details details
details
Creativity/Originality The work The work The work The work The work lacks
Inventiveness, “out of shows original demonstrates shows demonstrates evidence of
the box” expression of personal personal sufficient little personal personal
ideas and imagination expression expression personal expression expression
expression
Time Completion Submitted on Submitted one Submitted 2 Submitted 3 Submitted 4-5
or before the day after the days after the days after the days after the
Time dedicated to finish. deadline. deadline. deadline deadline deadline
Learning Resources
References:
Coronacion, D., Calilung F., and Marcaida, M. (2018). Convergence: A College Textbook in
Contemporary World. Mandaluyong City, Philippines. Books Atbp. Publishing Corp.
Martell, L. (2010). The Sociology of Globalization. Cambridge: Polity Press.
Steger, M. (2003). Globalization: A Very Short Introduction. Oxford: Oxford Press.
Steger, M. (2005). Ideologies of Globalization. Journal of Political Ideologies, 10:1, 11-30, Retrieved
from DOI: 10.1080/135693105200031026

Province of Laguna
Steger, M. (2014). Approaches in the Study of Globalization. In The Sage Handbook of Globalization.
Eds: Manfred Steger, Paul Battersby & Joseph Siracusa. London: Sage Publications Ltd.

Province of Laguna
LSPU Self-Paced Learning Module (SLM)

Course GEC 103 – The Contemporary World
SEM/AY Second Semester/2021-2022
Module No. 1.2
Lesson Title GLOBAL ECONOMY AND MARKET INTEGRATION
Week
2
Duration
Date September 5 – 9, 2022 and September 12 – 16, 2022
Description This tele-course lesson will help students explore the Structures of Globalization
of the as well as understand economic globalization. Identify the actors that facilitate economic
Lesson globalization. How global trade and market integration shape our global economy. It is
the intention of this lesson to provide a compilation of video materials that present a
historical inquiry of the discussion of economic globalization and global trade.
Learning Outcomes
Intended Students should be able to meet the following intended learning outcomes:
Learning  Define economic globalization.
Outcomes  Identify the actors that facilitate economic globalization.
 Familiarize with the history of global trade and global market integration.
 Identify the different kinds of market integration.
 Present a global economic Institution in video format
Targets/ At the end of the lesson, students should be able to:
Objectives  develop a distinct definition of economic globalization;
 distinguish the different kinds of market integration;
 distinguish the two economic models (capitalism and socialism)
Student Learning Strategies
Online Activities A. Online Discussion via Google Meet

(Synchronous/
You will be directed to attend in a one hour class discussion for two consecutive
Asynchronous) meetings about Global economy and market integration.
(For further instructions, refer to your Google Classroom and see the schedule of
activities for this module)

Province of Laguna
B. Asynchronous Activity
This module is available in the Google Classroom for reading and studying
asynchronously
Learning Guide Questions

1. What is economic globalization and global trade?
2. What are the types of economies associated with economic globalization?
3. What is market integration and the three basic kinds of market integration?
4. What is modern world system?
Lecture Guide
What is meant by the global economy?
There are various definitions, all of which have, at their core, the economic
interactions among the community of nations. In this examination of the global
economy, we have two major tasks. First is a description of the association of
people and nations who are its inhabitant. The second task is the characterization
of the economic interactions that occur among countries. These include the
international trade of goods and services, the global flow of financial capital,
investments by multi-international corporations, and migration of workers. The
proverb of the six blind men examining an elephant act as a metaphor for the global
economy. Each blind man touching a different part of the elephant, truck, leg, tail,
and tusk has a very different opinion of an elephant. The same is true about the
global economy. Nations and countries are economically very different from each
other. Its defining characteristic is the wide disparities in economic achievement
Offline Activities and consequent standards of living.
(e-Learning/Self-
Under globalization, the global economy’s operation is shaped and influenced
Paced)
by government, international or multinational corporations (MNCs), and global
institutions. Government functions as leading policymakers and implementers of
globalization’s tenets. Global institutions are also party-managed and funded by
governments and their representative.
However, the global economy looks at how trade has shaped the global economy
and considers the costs and benefits of free trade; it also studies the global
economy's significant problems and analyzes the financial crisis and the rise of
powerful trading blocs. (Botor et al,2020)
DEFINING ECONOMIC GLOBALIZATION
“Economic globalization refers to the increasing interdependence of world

economies due to the growing scale of cross-border trade of commodities and
services, the flow of international capital, and wide and rapid spread of
technologies. It reflects the continuing expansion and mutual integration of market

Province of Laguna
frontiers and is an irreversible trend for the economic development in the whole
world at the turn of the millennium’’ (Shanquan,2020)
This is an event in an expansion that causes profound changes on the world stage.
It revolves around trade, the flow of investment, financial capital, division of labor,
and specialization. The concept is not limited only to economic variables since its
effects extend to individuals, society, and the state. Developing countries are
experiencing stagnation in the face of their inability to cope with globalization,
which is compounded by poor management of their financial markets, leading to
an increase in the income inequality gap. Economic globalization brings the
mobilization of goods and capital, reduces the distance between borders, and
energizes international trade with some alterations to sovereignty. (San Juan
,2018)
In our country, cross-border trading can be best illustrated by the country’s trading
partnerships with other countries. Moreover, the flow of international capital can
be observed in foreign direct investment (FDI), a type of investment in which a
company establishes a business in another country and still takes part in the
management of that business. (Aldama, 2018)
One best example of Foreign direct investment (FDI) is the opening of McDonald’s
to different countries such as the Philippines and the Middle East.
WHO ARE THE ACTORS THAT FACILITATE ECONOMIC GLOBALIZATION?
These are international economic organizations such as the International

Monetary Fund (IMF), World Bank, and the Organization for Economic
Cooperation and Development (OECD). These organizations are critical in
developing and pushing for neoliberal policies among different countries. These
Organizations promote regional agreement and standards that facilitate better
trade and exchange of knowledge, human resources, and regional cooperation.
Second are multinational companies (MNC’s), which are considered the main
carriers of economic globalization. Other prime movers of economic globalization
are central banks. They are considered one of the most powerful institutions in the
world economy since they can lead economic development. (Shanquan, 2000)
GLOBAL TRADE
“Global Trading concern importation and exportation, the world saw an increase
in world trade from 1971 to 1999, and the biggest increase was seen in the export
of manufactured goods. On the other hand, export of primary commodities such as
food and raw materials often produced by poor countries declined” (IMF, 2000)

Province of Laguna
One central element of globalization is the spread of global trade by removing or
reducing trade conditions, such as import tariffs.
As cited above, economic globalization and global trade play a big role in the
success of one’s country, as It allows cross trading of goods, services, and
technology.
TYPES OF ECONOMIES ASSOCIATED WITH ECONOMIC GLOBALIZATION
1. Protectionism - a policy of systematic government interference in foreign trade

with the objective of prioritizing domestic production. It usually comes in the form
of quotas and tariffs. (Investopedia,2019)
Example. A local shoe manufacturer in Marikina is not performing well in sales

even though they have the same quality of shoes abroad and because of a large
selection of different foreign Shoes in the local market. The government would
impose a tax or tariff on foreign shoe product to save the local shoe company. In
theory, the consumer would prefer to buy a better quality and cheaper shoe Brand.
2. Trade Liberalization - is the removal or reduction of restrictions or barriers on

the free exchange of goods between nations. These barriers include tariffs, duties
and surcharges, and nontariff barriers, such as licensing rules and quotas.
Economists often view the easing or eradication of these restrictions as steps to
promote free trade. (Investopedia,2019)
MODERN WORLD SYSTEM
The modern world system is based on the theory of Immanuel Wallerstein, which
posited that the global economy is divided into core, semi-periphery, and
periphery. The core is the center of economic activities where most of the
population lives and financial institutions and services are based. However, the
majority of the raw materials and productions are done or sourced out in the
periphery. The Semi-periphery areas serve as distribution or add value to the raw
materials by processing them in the core areas. (Claudio et al, 2018)
Wallerstein’s world-systems divide the nations and areas of the world into three
Units. The core, semi periphery, periphery country.
Core countries – High Income Nation, Manufacturing based on the planet where
resources funnel. Example country- United States
Periphery countries – Less develop countries, Low-income countries, natural

resources, and labor support the wealthier nations. Example Country –
Bangladesh,

Province of Laguna
Semi periphery countries – Middle-income countries, most countries that are
positioned between the Periphery and Core Countries. Semi Periphery Countries
contribute to the manufacturing and exportation of a variety of goods. Example
Country – India.
Below is how Core Countries, Semi-Periphery and Periphery, support one

another.
Source: Kendall Moyer (2016) ‘’Periphery Role in the World Systems Theory”
https://medium.com/@kendallgrace15/periphery-role-in-the-world-systems-theory-fa5d291cac55
HISTORY OF GLOBAL MARKET INTEGRATION
12000BC – Agricultural Revolution

 1st major economic revolution
 People learned to domesticate plants
and animals
 Help societies to have a stable supply of
food which lead to major development
Source: https://www.studentsofhistory.com/the-agricultural-revolution
6000BC – Barter
 act of trading goods or services between
two or more parties
 oldest form of commerce
Source: https://en.wikipedia.org/wiki/Barter

Province of Laguna
200BC – Silk Road
 a network of trade routes connecting
China, middle east and Europe
 oldest trading route
 aided in the exchange of cultures, goods
and ideas
Source: https://www.worldhistory.org/Silk_Road/
15th to 18th century – European exploration

 started the age of global trade
Source: http://mrjonesflippedclassroom.weebly.com/day-15/introduction-to-
european
18th century – Industrial revolution

 2nd major economic revolution
 rise of industry
 emergence of new invention like steam
engine
 begin working as a wage laborer and
becoming more specialized in their
skills
Source: https://www.wpr.org/historian-industrial-revolution-gave-us-lunch-we-know-it
21st century – Information revolution

 reduced the role of human labor
 automation start replacing man-made
work
Source: https://www.dvm360.com/view/the-information-revolution-we-can-all-benefit
TWO ECONOMIC MODELS

1. Capitalism - is a system in which all-natural resources and means of
production are privately owned. It focuses on profit maximization and
competition in the market. Capitalism today is the basis of almost all

Province of Laguna
economies, it has been the major approach of economic organizations for the
last century. (Aldana, 2018)
2. Socialism – is a system where the property is owned by the government and
allocated to all citizens. This economic model emphasizes collective goals,
expecting every citizen to work for the country's common good.
(Aldama,2018)
DEFINING MARKET INTEGRATION
Market integration is a process by which economies are becoming more

interdependent and interconnected in terms of commodity flows, including
externalities and spillovers of impacts (Genshel and Jactenfuchs, 2018).
Three basic kinds of Market integration
1. Horizontal integration happens when a firm gains control of other firms
performing similar marketing functions in the same marketing sequence
level.
For example, Disney bought Pixar, which is also in the entertainment media, for 7.4
billion U.S dollars.
2. Vertical integration happens when one company owns the operations
and products from one stage to the other along the supply chain.
For example, An Iron mining company operates a steel manufacturing firm.
Another example is when McDonald’s owns the land where its supplies are located
to avoid the cost of the lease.
3. Conglomeration – is a merger between firms that are involved in totally
unrelated business activity
For example, one of the oldest and largest conglomerates in the Philippines is
‘’Ayala Corporation’’ to name a few of their subsidiaries. They owned Bank of the
Philippine islands and manila water corporation.
GLOBAL CORPORATION
One of the significant players of globalization and the modern capitalist market is
the global corporation. The numbers of global corporations from emerging market
economies listed in the fortune Global 500 rose from 47 firms in 2005 to 95 in
2010. (Neubauer, 2014)
The modern global corporation is commonly referred to as multinational
corporations and transnational corporations. More often, they are used
interchangeably. Iwan (2007) offers categorizations to distinguish an MNC from a

Province of Laguna
TNC. He argues that both types of a corporation are importers and exporters and
have investments in many countries. Nevertheless, he further contends that MNC's
still central decisions compared to TNCs that provide individual foreign market
investment to have their operations and systems (Iwan 2007)
Course Discussion
1. Does the position of rich countries in the economic global chain threaten
the status of less developed countries in the global market?
2. In the case of the Philippines, how much do you think the Philippines
involved in the modern world system? What do you think are the
advantages and disadvantages of being a part of the modern world systems?
3. Analyze socialism and capitalism in relation to the Philippine Society.

Which of these two economic models would work in our country?
CYBER RESOURCES
Watch the following videos:
1. “Coal, Steam and The Industrial Revolution” from Crash Course World
History, available at https://www.youtube.com/watch?v=zhL5DCizj5c
2. “Capitalism and Socialism” from Crash Course World History, available at
https://www.youtube.com/watch?v=B3u4EFTwprM
3. “The Silk Road and Ancient Trade” from Crash Course World History,
available at https://www.youtube.com/watch?v=vfe-eNq-Qyg
4. “Imports, Export, and Exchange Rates” from Crash Course Economics,
available at https://www.youtube.com/watch?v=geoe-6NBy10
ILO TASK #2 Market Integration Proposal
Instructions: In this assignment, you are going to create your own market
integration proposal that is related to the course that you are taking. For
example; if you are taking Bachelor of Science in Agri Business, think about a
business or company that will benefit to your proposal. Your proposal should be
presented in an A4 size template with the following contents:
1. Project Title (This has to include the name of the business)

2. Name of Proponent (That is you, you have to indicate your full name)
3. Excecutive Summary (This should contain the overall goal and how it is
going to be implemented or project design and the actors involved)
4. Background and Justification (Why there is a need to do this project? Is
your project applicable? What are the issues that may arise? How are you
going to resolv the issues?)

Province of Laguna
Sample Template
Project Title:
Proponent:
Excecutive Summary:
Background and Justification:
Target Date of Implementation:
Rubrics
ILO #2 Market Integration Proposal Total Points 20

Content The proposal is The proposal is The proposal The proposal The proposal
Comprehensiveness and exemplary highly has has some idea is hard to
organization of idea comprehensive comprehensive considerable comprehend
and organized and organized idea
Presentation The The proposal The The The
Inventiveness, “out of presentation is is highly presentation is presentation is presentation is
the box” expression of exemplary presentable subaverage done without
ideas and imagination care
Project Potential The idea is The idea is The idea is The idea is The idea is not
Feasibility of the idea timely, highly feasible feasible hard to apply workable
suitable, and
applicable
Time Completion Submitted on Submitted one Submitted 2
or before the day after the days after the
Time dedicated to finish. deadline. deadline. deadline

Province of Laguna
Learning Resources
 Aldama, Prince Kennex (2018). The Contemorary World. REX Book Store: Manila
Philippines.
 Botor, Peralta, Ferrer, Amparo, Laude (2020). A course module for The
Contemporary World. Rex Bookstore: Manila, City Philippines.
 Claudio, Lisandro, Abinales, Patricio (2018). The Contemporary World. C&E
Publishing Inc. Quezon, City Philippines.
 Genshel,S.J and Jachtenfuchs, M. (2018). From market integration to core state
powers: the eurozone crisis, the refugee crisis and integration theory. JCMS:
Journal of Common Market studies, 56(1), 178-196.
 IMF (2019). The IMF and the World Bank. Retrieved from international Monetary
Fund:https://www.imf.org/en/about/factsheet/Sheets/2016/07/27/15/31/IMF
-World=Bank
 Investopedia, (2021) Retrieved from Investopedia:
https://www.investopedia.com/terms/t/trade-liberalization.asp
 Investopedia, (2019) Retrieved from:
https://www.investopedia.com/terms/p/protectionism.asp
 Iwan,L. (2017). Difference between a global, transnational, international and
multinational company. Retrieved from Lee Iwan Accumalated Experience
(leeiwan.wordpress.com):
https//leeiwan.wordpress.com/2007/06/18/difference-between-a-global-
transnational-international-and-multinational-company/
 Moyer,Kendall (2016).‘’Periphery Role in the World Systems Theory”
https://medium.com/@kendallgrace15/periphery-role-in-the-world-systems-
theory-fa5d291cac55
 Neubauer,D. (2014). The Rise of Global Corporation. Retrieved from
Academia.edu:http://www.academia.edu/20862943/The_Rise_of_the_Global_Cor
poration.
 San Juan, David Michael (2018). Journeys though our Contemporary World. Vibal
Group Inc. Quezon, City Philippines
 Shanquan, M.B (2020). Economic globalization: trends, risks and risk prevention..
Economic and social Affairs, CDP Background Paper, 1.

Gec103 Module 1

Uploaded by

Copyright:

Available Formats

You might also like

Gec103 Module 1

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Gec103 Module 1

Uploaded by

Copyright:

Available Formats

Republic of the Philippines

Laguna State Polytechnic University

LSPU Self-Paced Learning Module (SLM)

Student Learning Strategies

Online Activities A. Online Discussion via Google Meet

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

Image Source: http://econintersect.com/images/2020/09/83878202Globalization.people.png

Anyone can give their definition of globalization according to each

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

 Globalization is the compression of the world and the intensification of

 Manfred Steger (2013) defined globalization as the expansion and

THE ELEPHANT OF GLOBALIZATION

As a historical process, it started long before the recent years of information

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

Globalization, as a cultural process, lies at the heart of modern culture;, "cultural

GLOBALIZATION AS A CONDITION IS RELATED TO THE TERMS GLOBALITY

Globality refers to social condition characterized by trans-planetary connectivity

1. Globalization is about the liberalization and global integration of markets.

TERMS ASSOCIATED TO GLOBALIZATION

•Internationalization involves the growth of transactions and interdependencies

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

Watch the following videos:

1. Globalization Explained https://youtu.be/JJ0nFD19eT8

Globalization: Definition, Benefits, Effects, Examples" available at

WRITING ACTIVITY: DEFINITION OF GLOBALIZATION

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

5 points 4 points 3 points 2 points 1 point

rich incomplete understanding

clarity, and organization and

Submitted on or Submitted one

before the due day after the due

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

Understanding Directed Assessment

5 points 4 points 3 points 2 points 1 point

Martell, L. (2010). The Sociology of Globalization. Cambridge: Polity Press.

Steger, M. (2003). Globalization: A Very Short Introduction. Oxford: Oxford Press.

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

LSPU Self-Paced Learning Module (SLM)

Student Learning Strategies

Online Activities A. Online Discussion via Google Meet

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

Learning Guide Questions

DEFINING ECONOMIC GLOBALIZATION

“Economic globalization refers to the increasing interdependence of world

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

WHO ARE THE ACTORS THAT FACILITATE ECONOMIC GLOBALIZATION?

These are international economic organizations such as the International

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

TYPES OF ECONOMIES ASSOCIATED WITH ECONOMIC GLOBALIZATION

1. Protectionism - a policy of systematic government interference in foreign trade

Example. A local shoe manufacturer in Marikina is not performing well in sales

2. Trade Liberalization - is the removal or reduction of restrictions or barriers on

MODERN WORLD SYSTEM

Periphery countries – Less develop countries, Low-income countries, natural

LSPU SELF-PACED LEARNING MODULE: GEC 103 The Contemporary World

Below is how Core Countries, Semi-Periphery and Periphery, support one