Sociology 1025A/B Chapter Notes - Chapter 15: Structural Adjustment, Social Inequality, Neoliberalism
29 Mar 2017
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Document Summary
Globalization a set of [uneven] social processes that appear to transform our present social condition of conventional nationality into one of globality o o. Process whereby globality is achieved (informally) greater interconnectedness of the world"s people. Globality a social condition characterized by tight global economic, political, cultural, and environmental interconnections and flows that make most of the current borders and boundaries irrelevant. Globalization comes from the migration of people, exchange of goods, creation of trade routes &sharing of information. Invention of the steamship &laying of the transatlantic telegraph line lowered cost. Following wwii modern globalization occurred: dissolution of colonial empires, formation of transnational political &financial institutions such as the un, the imf, the world bank, and the wto, and the collapse of the soviet union. Decolonization the process whereby colonial empires are dismantled and former colonies are granted political and economic independence. Tariffs fees imposed by a government on imported goods.
