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Lecture 1 Introduction To Globalization

The document defines globalization as the increased interconnectedness and interdependence of peoples and countries through the opening of international borders and changes in policies that facilitate flows of goods, services, finance, people and ideas. It also provides definitions of globalization from economic and geographic perspectives and notes that globalization refers to how the world has become more connected over time.

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23 views

Lecture 1 Introduction To Globalization

The document defines globalization as the increased interconnectedness and interdependence of peoples and countries through the opening of international borders and changes in policies that facilitate flows of goods, services, finance, people and ideas. It also provides definitions of globalization from economic and geographic perspectives and notes that globalization refers to how the world has become more connected over time.

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accntforsale112233
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© © All Rights Reserved
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Download as PPTX, PDF, TXT or read online on Scribd
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WHAT IS

GLOBALIZATION?
• WHAT ARE THE DRIVERS OF GLOBALIZATION?
• WHAT ARE THE CONSEQUENCES OF GLOBALIZATION/
• WHAT ARE THE CONTROVERSIES OF GLOBALIZATION?
GLOBALIZATION

• Globalization means the speedup of movements and


exchanges (of human beings, goods, and services, capital,
technologies or cultural practices) all over the planet.
GLOBALIZATION
Accdg. to WHO, globalization can be defined as ” the
increased interconnectedness and interdependence of
peoples and countries. It is generally understood to include
two inter-related elements: the opening of international
borders to increasingly fast flows of goods, services, finance,
people and ideas; and the changes in institutions and policies
at national and international levels that facilitate or promote
such flows.”
GLOBALIZATION
According to the Committee for Development Policy (a subsidiary body
of the United Nations), from an economic point of view, globalization
can be defined as:
“(…) the increasing interdependence of world economies as a result of
the growing scale of cross-border trade of commodities and services,
the flow of international capital and the wide and rapid spread of
technologies. It reflects the continuing expansion and mutual
integration of market frontiers (…) and the rapid growing significance of
information in all types of productive activities and marketization are
the two major driving forces for economic globalization.”
GLOBALIZATION
In geography, globalization is defined as the set of processes
(economic, social, cultural, technological, institutional) that
contribute to the relationship between societies and
individuals around the world. It is a progressive process by
which exchanges and flows between different parts of the
world are intensified.
GLOBALIZATION
Globalization is a term used to describe how trade and
technology have made the world into a more connected and
interdependent place.
GLOBALIZATION
A general term, globalization refers to how the world has
become more connected economically, politically, socially, and
culturally over time.
GLOBALIZATION

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