GLOBALZN 1A03 Study Guide - Midterm Guide: Cultural Homogenization, Free Trade, Volt-Ampere
17 Oct 2018
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Key terms: 20 multiple choice and one short answer paragraph, read lecture notes,prioritize readings and hva examples for each term. Globalization - increase level of nations and people"s interactivity, uneven because there is pockets of undeveloped areas when there is thriving parts. Cause of globalization = combination of factors over time and history. Negative of globalization = outsourcing, many jobs leaving the city. Globalization as internationalization: globalization here is defined as. Internationalisation = internationalization, that is, an enlarged and growing flows or movement of trade, capital investment, people, messages, information and ideas between countries. It is thus a growth of international exchange and interdependence [6]. This definition of globalization is mainly economic in nature. Material exchanges are involved and information is needed to be able to adhere to high economic exchange and interests in terms of labour, capital, raw materials and so on. Enlarged and growing flows or movement of trade, capital investment, people, messages, information and ideas between countries.
