What is the globalization PPT?
Globalisation is the integration of the world economy and exchanging the ideas, products, technologies etc. The globalisation hit India late but had huge impact on the nations economic policies and various other aspects. Conclusion Globalisation had increased the trade of products, ideas, technologies etc.
What is globalization slide?
• Globalization can be defined as a process of rapid economic, cultural, and institutional integration among countries. • This unification is driven by the liberalization of trade, investment and capital flow, technological advances, and pressures for assimilation towards international standards.
Which is an example of the globalization of the world?
1. Financial Globalization – World’s financial systems have become intimately interconnected – Stock market trading in New York stock exchange can affect Tokyo and Hong Kong – Wave continues in European markets then back to American markets – Important to note: reflects interconnectivity of network of world cities, not nations
How is globalization playing a role in our lives?
3. It is a common belief that globalization plays a role just at international levels of trade and commerce, but the fact is that it has played an important role in making our lives much more comfortable too. The phones, apparels, gadgets or accessories that we use in our day-to-day life are be available to us through globalization.
What are some of the detractors of globalization?
Detractors (opponent)- economic globalization tends to increase diff. btw “haves” and “have nots” and leads to the corporation having more power than countries. 3. Technological Globalization 4. Political Globalization As countries become more economically and technologically interdependent, there is pressure to adopt uniform policies
What are some of the disadvantages of globalization?
Disadvantages Health Issues Globalization has given rise to more health risks and presents new threats and challenges for epidemics. – the dawn of HIV/AIDS. Having its origin in the wilderness of Africa, the virus has spread like wildfire throughout the globe in no time.