GY 105 Lecture Notes - Lecture 1: Global Positioning System, Russian Mafia, Robinson Projection
Document Summary
Globalization: the increasing interconnectedness of people and places through converging economic, political, and cultural activities. Improved transportation systems (airplanes, bigger cargo ships) Spread of western values (shopping mall, english language) Hybridization: the melding of american popular culture with local cultural traditions. Globalization of culture also flows to u. s. Immigrants from africa and asia have altered western europe. Substantial immigrant populations have formed in japan and south korea. U. s. demographics have changed due to influx from latin america and. Nigerians and russian mob prominent in shipment. Caribbean countries have become financial centers (off shore banking, Establishment of league of nations following wwi. Formation of regional economic organizations such as european union. Globalized economy has led to increased environmental problems. Resources previously used by small populations are now utilized as global commodities. Un treaties attempt to stem effects of globalization. Logical and inevitable expression of contemporary international capitalism that benefits all countries. Access to capital results in economic convergence.