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Globalization is the process of increasing integration and interdependence of national economies through trade, investment, and financial flows. It impacts the environment, politics, economy, and areas of transportation, society, and culture by drawing nations closer through trading platforms and facilitating the quick exchange of goods, culture, and ideas through transportation and technology.

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0% found this document useful (0 votes)
38 views1 page

01 Worksheet 1

Globalization is the process of increasing integration and interdependence of national economies through trade, investment, and financial flows. It impacts the environment, politics, economy, and areas of transportation, society, and culture by drawing nations closer through trading platforms and facilitating the quick exchange of goods, culture, and ideas through transportation and technology.

Uploaded by

Simeoun Jess Sia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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GE1714

Name: L o u w e l l L y s t e r R e c t a Section: B S H M 4 1 0 1 Date:9/10/23 Score:

Directions: Draw a concept map about globalization then define it in your own words.

The process of national


integration known as
globalization has a
substantial impact on Transportation
the environment, Culture and
and Technology
politics, economy, and Society
areas of transportation,
society, and culture.
Through trading
platforms, globalization
is drawing nations
closer together. It has
had a significant impact
on all aspects from Globalization
various angles. The exchange of goods was
facilitated by ships and
airplanes. Trading is
therefore much quicker and
Politics Economy more efficient. Business
traders communicate with
international investors using
current technology as well.
Negotiation and business
transactions can be made
more easily without flying
Environment by using phones and
computers.

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