NAME: ARNOLD B.
GORGONIA YEAR/COURSE: BTVTED ELX 2A
Lesson 1 WHAT IS GLOBALIZATION
B. SELF ASSESSMENT
Identify 3 things about you which you can associate with globalization opposite those
things are description ,why did say that you can associate it with the concept of globalization.
1.Fearless-in this world that we don't know what is happen next we need to become fearless we should
face our own fear.in globalization we need to become fearless always have a positive out look and I
think that attitude can help us to make our world become progressive.
2.Artistic-in globalization we need to become artistic andh always do what is best or better that attitude
can help us to become productive .
3.Friendly-in globalization we need to socialize and respect our differencess and beliefs.
D. TASK
LEARNING ACTIVITY
Make an inventory on how globalized is your home
Starting from your own room ,the kitchen and the living room.
Determine which countries make the most household and personal needs you and your
family have.
ROOM
Electric fan –Philippines
Cellphone- China
KITCHEN
GAS STOVE –Philippines
Kitchen utensils –Philippines
LIVING ROOM
Television-Japan
Pillows and Blanket- Philippines
E. ASSESSMENT
1. Give example of integration of Philippine national market to world market.
One example is the existence of the market integration of the different pairs of regional rice
markets in the Philippines. By employing modern time series techniques, it uncovered
compelling pieces of evidence of strong steady state link of the various pair wise combinations
of regional markets. Despite the geographic segregation of the regional rice markets, and the
presence of fragmented and often inefficient distribution system, price signals and other
market information are being transmitted efficiently across the markets, thus negating the
potential occurrences of unexploited arbitrage opportunities.
2. In one word , what do we mean by networks in globalization?
Network in globalization means INTERCONNECTION.
3. How will you relate the concept of globalism to covid 19?
COVID-19 pandemic is an inevitable result of globalization and that the pandemic, in turn, has seriously
threatened the world’s globalization. The pandemic had disrupted the international legal order: legally,
socially, politically, and economically. We contend that the pandemic’s adverse effects on globalization
is temporary, and that it would provoke more international cooperation among nations on the long run.
Also, pandemics are not just passing tragedies of sickness and death. People become both more
suspicious and more credulous. Above all, they become less willing to engage with anything that seems
foreign or strange. COVID 19 affect the globalization within different sectors and countries.
4. What do you understand by multiple globalization ?
Globalization as an economic and financial phenomenon. Multiple globalization includes a much wider
field than just flowing of goods, services or capital within different borders and different parts of the
country. It reciprocally developed economies all over the world and increased cultural exchanges.
5. When we can say that globalization is an economic process?
Globalization is an economic process wherein it rises the country economy through an integration with
the different countries. Globalization is an economic process because it serves as the bridge to
interrconect with others to help and transform the world into a single integrated economic unit. Global
economy, all the barriers on the flow of trade in goods and services and investment across the national
frontiers are removed because there is a collaboration and interconnection that builds the foundation of
better economy.
LESSON 2 – THE GLOBALIZATION OF WORLD ECONOMICS
B. SELF ASSESSMENT
How is the Philippines central to the history of economic globalization ?
Philippines as a developing country prove that the economy has been developed throughout
the years. The Philippine economy has achieved growing alignment with the global economy.
This is evident in the general increase of commodity trade, and labor migration. Wherein
finance is more integrated, albeit at a relatively moderate speed.
E. ASSESSMENT
Answer the following questions briefly .
1. Cite an international situation where we can see that economic globalization is a historical
process the result of human innovations and improvement of technology.
Technological revolution has reached the world, where there is an important consequences for
business, government and labor market. Computer aided designs, telecommunications and
other developments are competing to other giants company to prove the best ang better
technology can be used in rising the economy. Technology lessen the costs of transportation
and communication. Through technology it encourages globalization as the firm owning the
patent can exploit foreign markets without much competition.
2. What do you think is the role of international trade to economic globalization?
International trade plays an important role in the economy of each individual country. It allows
to satisfy the needs of population, stimulates the internal development of the country.
International trade is the exchange of goods and services between different countries.
3. How is the Philippines central to the history of economic globalizations?
Philippines as a developing country prove that the economy has been developed throughout
the years. The economy has achieved growing alignment with the global economy. This is
evident in the general increase of commodity trade, and labor migration. Wherein finance is
more integrated, albeit at a relatively moderate speed.
