PSYC 363 Lecture Notes - Lecture 15: Fortune Brands, Michel Camdessus, Deterritorialization
8 Dec 2018
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Document Summary
Read pages 324-334 and answer the following questions: define the term globalization". Globalization the most overpowering force of social change. Reduces diversity diversity of culture allows people to share their accomplishments and learn from each other, but the influence of american culture can side-track them from their course of development. The companies then sell their goods to market all over the world: financialization of international banks. International banks tend to have increasingly anonymous sounding names that sell their financial services throughout the world: financialization is the increasing flow of money opposed to goods and services between nations. This processes is concentrated at increasing wealth in hands of financial elites and take away from normal or ordinary citizens: international government organizations (explain the function of the world. Trade organization, the world bank & international monetary fund: the world trade organization is a specialized agency of the united nations whose role is to reduce restrictions on international trade.
