The
Contemporary
World
Do you have things
from foreign
Share your Have you ever
brands?
thoughts! checked where your
things were made?
What was the recent item you
checked out from an online store?
Share your Have you ever
K-pop? Western
Music? The Era's
thoughts! listened to songs in
Spotify or Youtube?
tour?
What's your go-to song?
4-Cheese
Whopper? C3 with
Share your Have you tried
regular iced tea and
fries?
thoughts! eating at fast food
restaurants?
What's your go-to menu from
your favorite fast-food resto?
The things we
normally do every day
are highly influenced
by globalization
The Contemporary World
2ND TERM
AY 2023-2024
GLOBALIZATION
What is globalization?
New York 4,496KM
Sydney 12,073KM
Manila 11,759KM
Paris 90
88KM Globalization is the increasing interaction of people,
businesses, states, or countries through international flow
of money, ideas, and culture. It is focused on the
economic process of integration and interconnectedness.
It is the movement of goods, services, and people across
the world in an integrated manner.
Elements of Globalization
International Monetary Fund
TRADE CAPITAL PEOPLE TECHNOLOGY
History of Globalization
1. The Silk Road
2. The Spice Routes
3. The Age of Discovery
4. The First Wave
5. The World Wars
6. The Second and Third Wave
7. Globalization 4.0
How globalization works
International trade and policies 1. Technology
Foreign investments 2. Internet
Cultural exchange 3. e-banking
4. Corporations
Information flow
5. Mass media
Technology transfer
6. Transportation
7. Migration
Types of Globalization
Political Social Economic Technological
globalization globalization globalization globalization
Political
Globalization
This type covers the national
policies that bring countries
together politically and even
economically and culturally.
International organizations such
as the UN, NATO, ASEAN, which
regulate international politics
and governance, are examples
of this type of globalization.
Social
Globalization
This aspect of globalization
focuses on societal factors that
are causing cultures to
converge. These include
increased ease of
communication, the
pervasiveness of social media
and access to faster and better
transportation
Economic
Globalization
The focus of this type of
globalization is on the integration
of international financial markets
and the coordination of financial
exchange. The World Bank and
the free trade agreements, such
the North American Free Trade
Agreement and the Trans-Pacific
Partnership are examples of
economic globalization.
Technological
Globalization
The rapid development of
communication and work
technologies, including
the internet and
telecommunications,
enabling seamless global
connectivity and
information sharing.
Importance of studying globalization
Studying globalization
Globalization affects almost is crucial for Globalization has created a
every aspect of our lives, navigating a multi- dynamic and competitive
faceted world
from the products we buy to environment that has spurred
the jobs we hold. Studying it innovation and technological
gives us the knowledge and advancements. Studying
tools to understand complex globalization helps us identify
global issues like climate emerging trends and
change, migration, and opportunities for innovation.
economic inequality.
Reflection
What are the good and bad effects of
globalization?
References
Ariola, M., (2018). The Contemporary World. Unlimited Books Library Services &
Publishing Inc.
Brazalote, Tumaroh, (2019) The Contemporary World: Outcome- Based Module,
Manila: C & E Publishing House
Claudio, Lisandro E. & Abinales, Patricio N. (2018) The Contemporary World,
Manila: C & E Publishing House
The Contemporary World
2ND TERM
AY 2023-2024
GLOBALIZATION