Scribd
Upload
58 views3 pages

Arcueno - Globalization

Globalization is the increasing interdependence and integration of economies, technologies, and cultures across the world. It involves eliminating barriers to trade, communication, and cultural exchange between countries. Some key aspects of globalization include increased global trade and investment, the spread of technology and ideas to new areas, and more cultural interaction and sharing between different parts of the world. While globalization offers economic opportunities and greater access to goods and services internationally, it also faces criticisms such as job losses, environmental damage, and unfair treatment of workers in some countries.

Uploaded by

Ryan Arcueno
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
58 views3 pages

Arcueno - Globalization

Globalization is the increasing interdependence and integration of economies, technologies, and cultures across the world. It involves eliminating barriers to trade, communication, and cultural exchange between countries. Some key aspects of globalization include increased global trade and investment, the spread of technology and ideas to new areas, and more cultural interaction and sharing between different parts of the world. While globalization offers economic opportunities and greater access to goods and services internationally, it also faces criticisms such as job losses, environmental damage, and unfair treatment of workers in some countries.

Uploaded by

Ryan Arcueno
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 3

Lesson 1: Introduction to the Globalization

Arcueno, Princess C.
3NU01

Please watch the summary of the lesson about globalization:


https://www.youtube.com/watch?v=XS5UvZTxWAI

1. Define Globalization.
- Globalization is an elimination of barriers to trade, communication, and cultural
exchange. The theory behind globalization is that worldwide openness will promote the
inherent wealth of all nations. (ThoughtCo.)

I can say that globalization is a term that describes the growing interdependence of
trade, economy, and science & technology. It is here to stay it basically, because of the
rapid population growth in the world it cannot help, globalization helps a lot of
individuals and families since it provides more job and business opportunities moreover
it also makes life more convenient.

2. Give specific examples of globalization.


- Science and Technology
- Food industry
- Economy
- Transportation (Automotive)

3. Are you pro globalization? Explain why are you in favor of globalization.
Yes, For the reason that it creates more opportunities to people that result economic
stability. Poorer countries can sell products and services to those with more money, therefore
creating economic gain.
4. Complete the table on the advantages and disadvantages of globalization in general.
Consider the global changes happening now.

ADVANTAGES DISADVANTAGES
- All things are convenient and - Making non rich people poorer
accessible. - High amount of taxes in trading
- Economic growth and stability - Unfair working conditions to migrant
- Create more job opportunities workers
- Cultural intermingling - Ecological damage
- There is a unity in solving ecological - Mismanagement of natural resources
- problems - Counterfeit products
- Innovation

5. How globalized is your home?

Go to your room and do an inventory of everything you have in your possession. Organize your
inventory into two types: first, “things” that are made in the Philippines and second, those are
that of foreign brands. List the countries of origin of your foreign brand items.

Philippine Product Foreign Product Country


Messenger Bag iPad (Tablet) U.S.A (California
Instant coffee Facial Cleanser U.S.A (Texas)
Coin Purse Moisturizer U.S. A
Mattress Food Supplement Italy
Trash bin Perfume U.S. A
Hair products Hat China
Rice Plushie Toy China
Air conditioner India
Car Japan
Phone China
Electric fan Japan

6. Why certain products are made in the Philippines while others are produced abroad?
it is because of the term “globalization”, countries are being interconnected for the economic
growth and stability, that even though we can’t go abroad, we can encounter product from
different part of the world.
And besides Philippines has limited resources. Our country is basically known for being one of
the main exporters in the field of agriculture.

You might also like