Globalization
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Transcript of Globalization
Globalization
World History: Nilsen
What is Globalization?
A term used to describe the changes in societies and the world economy
due to dramatically increased:• Cross-border trade• Investment, and
• Cultural exchange
Technology spurred Globalization.
Communications improved.
Transportation improved.
Computation improved.
Globalization has economic effects.
There is more international trade.
There is more international investment.
There are multinational companies.
Globalization has had political effects.
Conflicts have become increasingly global.
International organizations are
increasingly popular.
Environmental concerns are increasingly global.
Implications of Globalization
Debate rages between fair
and free trade.
A single culture may be emerging.
Globalization will define your working future.