SOCI 1002 Lecture 5: Globalization Feb 7 2017

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E. x. beef production between canada, u. s, australia and new zealand. E(cid:373)erge(cid:374)(cid:272)e of glo(cid:271)al (cid:271)ra(cid:374)ds like ma(cid:272)do(cid:374)ald"s, fast food restaurants, walmart. Half of the worlds wealth owned by 1% of population. Globalization is the process that happens over time. Globalization is a multidimensional process (not one thing - many aspects to it) Multiple modes of globalization (happen in many ways / e. x. politics) and globalizing agents (institutions and forces / e. x. united nations) Internationalized? technological, economic and political change has always been happening transportation and communication improvements through time (e. x. mid 19th c railway/telegraph) Mass immigration and colonialism caused political, economic and social changes. Globalization has changed through its intensification degree and acceleration degree. Started using term globalization in 1990s to define political and economic changes that occur in specific characteristics on the type of changes that are happening the world. The west say emergence of social and liberal democracies with free market economies.

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