GEOG 216 Lecture : GEOG 216 - Lecture 2.docx
Document Summary
Geog 216 lecture 2: geographies of the global change. Globalization is not a new topic; it is a 200 year old topic that has been brought up in the present. Internationalization: extent to which different national economies interact with one another through the exchange of goods and services: indicators: trade data/production, focus on the extension of economic activities across national boundaries, quantitative approach to global integration. Globalization: involves more than simply increased international trade: set of processes through which economic activities are increasingly interconnected. Functional integration of production activities by multinational corporations (mncs) Car is produced in parts in different countries: emergence of new set of actors on global stage (institutions, agreements) Agreements: help set the stage of how the new economy is going to behave. Difference between internationalization and globalization is not just quantitative data, but also the qualitative data that facilitate global intergration.