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Globalization refers to the growing interdependence and integration of countries resulting from increased trade and cultural exchange. It began centuries ago through European colonization but accelerated in modern times due to steamships, railroads, telegraphs and other technological advances. Supporters argue that globalization fosters economic prosperity and peace by connecting markets, while critics note it can negatively impact local economies. The document discusses the definition of globalization, its history, how it promotes prosperity and peace, and its various economic and social effects both positive and negative.

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0% found this document useful (0 votes)
46 views15 pages

Delaney SlidesMania

Globalization refers to the growing interdependence and integration of countries resulting from increased trade and cultural exchange. It began centuries ago through European colonization but accelerated in modern times due to steamships, railroads, telegraphs and other technological advances. Supporters argue that globalization fosters economic prosperity and peace by connecting markets, while critics note it can negatively impact local economies. The document discusses the definition of globalization, its history, how it promotes prosperity and peace, and its various economic and social effects both positive and negative.

Uploaded by

flower smile
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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GLOBALIZAT

  

ION
By Britney H
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Main points (๑˃ᴗ˂)‫ﻭ‬

⬤What is globalization?

⬤History of globalization.

⬤Globalization as a tool for prosperity and peace.

⬤Effects of globalization.
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What is globalization?
Have you ever wondered what is globalization?.

Let’s dive in and get to know more about it!


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What is globalization?
● Globalization is the way countries use technology, communication and
transportation to connect with one another.
● Globalization also describes the growing interdependence of the world's
economies, cultures, and populations.
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Did you know?
Today, Americans rely on the global economy for many of the things
they buy and sell, and to expand their businesses and make
investments. Many products and services have become affordable to
the average American through the coordination of production across
countries.
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one country would not be deadly jealous of another
and the living standards of all countries might rise,
thereby eliminating the economic dissatisfaction
that breeds war, we might have a reasonable
chance for lasting peace.”
Cordell Hull, Secretary of State under
President Franklin D. Roosevelt, written in his
memoirs in 1948
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History of globalization
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History of globalization
● Following centuries of European colonization and trade activity, that first
“wave” of globalization was propelled by steamships, railroads, the telegraph,
and other breakthroughs, and also by increasing economic cooperation
among countries.
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Globalization as a tool for


prosperity and peace.
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A tool for prosperity and peace
● Globalization connects governments, cultures and economies or systems of
producing and distributing wealth.
● Globalization fuels trade and affects the way all of us live.
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Effects of globalization
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Effects of globalization
● More goods at lower price
● Scaled up business
● Better quality and variety
● Innovation
● Job churn
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If you have any question, contact me:

[email protected]
0865413490
Fb: Ta Minh Huyen
IG: @ww_159
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THANK YOU!
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Credits.
Presentation Template: @anna.smith
Images: Unsplash
Fonts used in this presentation: Happy Monkey and Chewy
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