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'The economic dimension of globalization' 

explores how the way people have undertaken


economic production has changed. The global economic order emerged after World War II,
when the Bretton Woods Conference laid the foundations for the IMF, World Bank, and WTO.
Free trade agreements, such the North American Free Trade Agreement and the Trans-
Pacific Partnership are examples of economic globalization. Multinational corporations, which
operate in two or more countries, play a large role in economic globalization.

 ‘The political dimension of globalization’ considers how these processes raise an important
set of political issues pertaining to the principle of state sovereignty, the growing impact of
intergovernmental organizations, and the future prospects for regional and global
governance, global migration flows, and environmental policies affecting our planet. The
creation and existence of the United Nations has been called one of the classic examples of
political globalization. Political actions by non-governmental organizations and social
movements, concerned about various topics such as environmental protection, is another
example. European Union. The European Union is a trade and treaty bloc comprising of 27
nation-states on the continent of Europe

Cultural globalization refers to the transmission of ideas, meanings and values around the
world in such a way as to extend and intensify social relations. This process is marked by
the common consumption of cultures that have been diffused by the Internet, popular culture
media, and international travel. The globalisation of food is one of the most obvious examples of
cultural globalisation – food consumption is an important aspect of culture and most societies around the
world have diets that are unique to them, however the cultural globalisation of food has been promoted by
fast food giants such as McDonald’s, Coca-Cola and Starbucks. The spread of these global food
corporations has arguably led to the decline of local diets and eating traditions. Migration is an important
aspect of cultural globalisation, and in this sense, this process has been going on for several centuries,
with languages, religious beliefs, and values being spread by military conquest, missionary work, and
trade. However, in the last 30 years, the process of cultural globalisation has dramatically intensified due
technological advances in both transportation and communications technology.

In the study of geography, the ecological dimension describes the relationship that exists
between people and the natural elements of the environment and the impacts that they
have upon one another. Topics of ecological globalization include population growth, access
to food, worldwide reduction in biodiversity, the gap between rich and poor as well as between
the global North and global South, human-induced climate change, and global environmental
degradation.

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