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Globalization.

Globalization

QuestionAnswer
Globalization A set of processes that are widening, deepening, and accelerating the INTERCONNECTEDNESS among societies
types of Globalization Economic, Cultural, Political, Technological
Economic The global integration of trade and finance leading to the emergence of a single world economy
Interdependence a condition in which the actions and events in one part of the world affect ppl. elsewhere
Cultural Diffusion and integration of cultures worldwide, including ideas, literature, movies, music, fashion, etc.
Political Creation of new international institutions for coordinated decision making (ex. UN,EU, WTO)
Technology New technologies eliminate traditional barriers between countries and the people within them (Ex. internet, cell phone, cable TV)
Created by: gpolite
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