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LESSON 1 - Introduction To Globalization
LESSON 1 - Introduction To Globalization
LESSON 1 - Introduction To Globalization
Introduction to Globalization
OBJECTIVES
1. Define globalization;
2. Illustrate how changing international trade patterns, foreign direct investment
flows, and the rise of new multinational corporations are reshaping the world
economy; and
3. Show how the process of globalization is giving rise to numerous opportunities
and challenges.
INTRODUCTION
Much has changed since time immemorial. Human beings have encountered many
changes over the last century especially in their social relationships and social structures.
Of these changes, one can say that globalization is a very important change, if not, the
“most important”. The reality and omnipresence of globalization makes us see ourselves
as part of what we refer to as the “global age”. The internet, for examples, allows a
person from the Philippines to know what is happening to the rest of the world simply by
browsing Google. The mass media also allows for connections among people,
communities, and countries all over the globe.
Why Globalization?
• Globalization as an intellectual topic is developing.
• Global structures and processes influence our everyday lives.
Republic of the Philippines
F.L. VARGAS COLLEGE, INC.
Tuguegarao City Cagayan 3500
✔ SOLID/SOLIDITY
- barriers that prevent or make difficult movement of things.
✔ LIQUID/LIQUIDITY
- increasing ease of movement of people, things, info., and places in the
contemporary World.
✔ FLOWS
- movement of people, things, places, and information brought by the growing of
global imitations.