SOCI 1002H Chapter Notes - Chapter 5: Scientific Progress, Uniformitarianism, Anthony Giddens
25 Feb 2017
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Document Summary
We live in a world of transformations, affecting almost every aspect of what we do. A good deal of economic exchange is between regions, rather than being truly. We are being propelled into a global order that no one fully understands. Globalisation isn"t especially different from that which existed at previous. Globalisation"s consequences can be felt everywhere: benefits and consequences, affects people because of small things periods world-wide. Level of world trade today is much higher than it ever was before, and involves a much wider range of goods and services: biggest difference is in level of finance and capital flows. In new global electronic economy, millions of people can transfer vast amounts of capital from one side of the world to another at the click of a mouse. Globalisation is political, technological and cultural, as well as economic. Globalisation is a complex set of processes, not a single one.
