Globalization05 2022

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The

Globalization
Debate
Political, Social, and Cultural aspect of
globalization
• Zohaib Idrees Malik
Presented by: • Muhammad Noman Nawaz
• Muhammad Shakaib Ali
What is Globalization

• Globalization is the process of


Interaction between people,
companies, countries, nations,
governments, etc worldwide.
• Globalization is driven by International
Trade and Investment and aided by
Information Technology.
• A world without borders
• In Globalization world become a global
village
Effects of Globalization
• The global markets have freedom of exchange of goods and capital
• Free trade zones are formed to reduce tariffs and taxes
• Enhance the flow of information between different areas of the globe.
• Local consumer products are exported to other countries
• Cross-cultural relations grow
• Immigration between countries increases
• World wide sports events like Fifa, Olympics etc held
• Global problems like environmental problems, and pollution can be reduced by discussions
Advantages of Globalization
GDP of developing countries increases.
Unemployment reduces
Free trade between nations
Educations system Increases
It makes flow of information easy around the world
Reduce the cultural barriers and increase the effect of global village
Disadvantages of Globalization

• Unequal distribution of wealth


• Different wage rate for the people of developing countries as compare to
developed ones
• Increase in the commodity prices
• International brands are causing threats to local brands
Types of Globalization

• Economic globalization
• Political globalization
• Cultural globalization
• Ideological globalization
Expansion of political interrelation across the globe

Growing power of global institutions like IMF, UN, and


WTO, World bank and other organizations
Governments can get experiences on different matters
from each other.
Political It accelerates the conflicts between East and west

Globalization States cultures and economies have become connected

Contribute to world peace

Access to the International support and aid


Cultural Globalization

• Transmission of ideas, values


• Transmission of cultures globally
• All cultures are not born in one
civilizations
• People of one culture picks the
practices of other practices
• Increases creativity
• People accept other people that
benefits the societies
Cont…

• Local cultures are ignored sometimes


• Open way to acquire cultural property
Social globalization
• Measure of how easily information and ideas
pass between people in their own countries
and between the countries
• Growth of online social networks
• Information can be delivered in the form of
pictures#, texts and audio etc
• Social globalization is encompassing topics like
family, religion, and education.
• Due to Social globalization ideas and beliefs of
different religions are portrayed to the people
of the world
• Helping in awareness of needs and customs of
people of people of different religions.
Ideological
Globalization
• Idealogy is a form of social and
political philosophy in which
practical elements are as
prominent as a theoretical one
• Religion
• Democracy
• Form of Government
• Freedom of expression
Thank you!

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