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SOC 101 March 27 2013 Globalization

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SOC 101
Barry Mc Clinchey

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SOC 101 March 27 2013: Globalization What is Globalization?  Describes the worldwide exchange of money, goods and services as well as their socio- cultural changes that occur with increasing trade and human contact Emergence th Globalization  16 century economic system based on market principles emerged  Demand for more exotic goods increased (spices, tea, silks)  Colonization of the Americas, Asia, Africa Globalization Today  Economies are more interdependent and integrated  Advance in communication technologies  Creates vast divides between rich and poor  Multinational corporations that make a lot of money exploiting for profits Factors Contributing to Globalization  Technological Change o Accelerates globalization o Historically, container shipping most important o Allows shipment of products, goods and services that were never available in the past  Political Change o Collapse of the Soviet Union o Enhance spread of capitalism and democracy o What role do politicians play? Manipulate society so that the most people are happy but make conditions favorable for the accumulation of capital  Economic Change o Expanding trade and the emergence of international baking o Easy to bank in other countries for the everyday person o International Monetary Fund, World Bank, World Trade Organization, Transnational Corporations Berlin Wall Separating East and West Berlin 1969-1989  Separate into zones, people leaving the Soviet area  Built the wall to keep people in the eastern section  No trade with capitalist In 1989,  The Soviet Union eased its authoritarian control over East Berlin  Citizens were able to visit the West sectors of Berlin  The wall was mostly destroyed and the former political and economic power and influence of the Soviet Union began to weaken Check Point Charlie  Tourist trap  The place where Soviet people couldn’t cross over to the US side but American and Canadians could cross over if they have business in the Soviet side Defining Global Stratification  First World o Countries dominated by the USA and Western Europe o Capitalist countries that were victorious in WW2  Second World o Countries dominated by the former Soviet Union o Own, separate economic system (communism)  Third World o Countries where the economies were not under the direct influence of either the First world and the Second world o Usually because they were too poor to be significant interest  Global North o Western Europe, Canada, U.S., Australia and Japan o More advance democracy, technology, lots of goods and services, higher standard of living o Democratic and technologically advance, high standard of living, well-educated, access to health care and clean water, stable political structures  Global South o Biased term, comes from the fact that most countries that don’t have the qualities live in the southern hemisphere o Poor countries of the world o Asia, South America and Africa o Lack financial, industrial and technological infrastructure necessary to develop their own competitive economies o The people we should be giving aid to The economic and political influence over most of the Soviet satellite states also weakened  The world economic and political structures re-focused  A world order more closely aligned to capitalism began to emerge  The commu
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