Globalization: Elements Driving Worldwide Interconnection
Explore the various aspects of globalization, including economic, political, cultural, and ecological dimensions. Gain insights into how this global phenomenon impacts societies and the environment, shaping a more interconnected world.
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Libyan International Medical University Faculty of Business Administration Elements Driving Globalization Name: Jude Boughalia 3766 Email: joud_3766@limu.edu.ly
Table of Contents 1 3 Introduction Conclusion 2 Elements of Globalization 02
Introduction Globalization is described as the growing interdependence and interaction of the world's various political, social, and economic elements. It's the way the world is viewed as a globalization. 03
Elements of Globalization Economic Political Cultural Ecological 04
Economic Globalization Specifically, Economic globalization is trade and financial flows. Trade in goods and services, the transfer of technology and ideas, and international labor or migration, exchanges are all examples of economic globalization. 05
Political Globalization Political complicated, historical, and changing process. It is possible to develop a time-table for global politics and extract an objective of critical global problems by thinking of political globalization in modern ways. globalization is one element of a 06
Cultural Globalization Cultural globalization is a process in which the normalization of cultural traits around the world are reflected in everyday life as impacted by the movement of products and thoughts. Cultural globalization has been viewed as a tendency toward homogeneity that will eventually make human condition everywhere basically the same, propelled by the effectiveness or accessibility of wireless communications, electronic commerce, popular culture, and worldwide travel. However, this looks to be an exaggeration of the reality. Although homogenizing factors exist, they are far from producing anything approaching a single global culture. 07
Ecological Globalization ecological globalization investigates the impact of collaborations on ecological problems. All of humanity and the planet Earth are strongly intertwined. Many ecological issues have resulted from the Industrial Revolution, including energy and food shortages, overcrowding, reduced diversity, pollution, and climate change. The environment has been seriously damaged by this kind of globalization. 08
Conclusion Globalization has increased the quality of management people's working conditions. in businesses as well as 09
References Globalization-introduction - simplynotes - online notes for MBA, BBA, MCA, BCA, MCOM, BCOM, Msc., bsc., Bio Technology Engineering, medical notes, projects, last year papers, PPT, entrance exam study material, Vocab Builder, MBA syllabus and Mba collages. Simplynotes. (n.d.). Retrieved April 20, 2022, from http://www.simplynotes.in/e-notes/mbabba/international-business- management/globalization/ Economic globalization. WITA. (2021, August 13). Retrieved April 20, 2022, from https://www.wita.org/ustrade/basics-of-trade/economic-globalization/ Political globalization is global political evolution. Taylor & Francis. (n.d.). Retrieved April 20, 2022, from https://www.tandfonline.com/doi/abs/10.1080/02604020701402707?journalCode=gwof20 Encyclop dia Britannica, inc. (n.d.). Cultural globalization. Encyclop dia Britannica. Retrieved April 20, 2022, from https://www.britannica.com/science/cultural-globalization Steger, M. (n.d.). 6. the ecological dimension of globalization. Very Short Introductions online. Retrieved April 20, 2022, from https://www.veryshortintroductions.com/view/10.1093/actrade/9780199662661.001.0001/actrade- 9780199662661-chapter- 6#:~:text='The%20ecological%20dimension%20of%20globalization,humanity%20and%20the%2 0planet%20Earth.
