SOCA02H3 Chapter Notes - Chapter 9: Islamic Fundamentalism, George Ritzer, Dependency Theory

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Comparison of then [25 yrs ago] and now example of travelling to europe. Indicators of globalization: growth of tourism (1980 3. 5% travelled internationally, now 11. 3%, increase in the number of international organizations & agreements, international telecommunication has become easy & inexpensive. U. s. countries: increased the international division of labour, workers were paid poorly, suffered beatings & harassment, while managers were paid loaded amounts of money, when someone buys nike shoes, they insert themselves in a gcc. The causes/sources of globalization: technology decrease in travel time, easier to send information quickly, inexpensively. & instantly: politics contrast between south korea & north korea (remains isolated, economics capitalist competition a major spur to international integration. | chapter 9: transnational corporations (multinational or international corporations): most important agent of globalization. 2 extract natural resources or manufacture industrial goods. 4 rely on established marketing & sales outlets. Emphasize skills & advances in design, technology & management.

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