Financial globalization

  • Interconnection of the world’s financial systems e.g. stock markets
  • More of a connection between large cities than of nations
  • Example: What happens in Asian markets affects the North American markets.

Economic Globalization

  • A worldwide economic system that permits easy movement of goods, production, capital, and resources (free trade facilitates this)
  • Example: NAFTA, EU, Multinational corporations

Technological Globalization

  • The connection between nations through technology such as television, radio, telephones, internet, etc.
  • Was traditionally available only to the rich but is now far more available to the poor. Much less infrastructure is needed now.
READ:
Fast Food Globalization

Political Globalization

  • countries are attempting to adopt similar political policies and styles of government in order to facilitate other forms of globalization
  • e.g. move to secular governments, free trade agreements, etc

Cultural Globalization

  • Merging or “watering down” of the world’s cultures e.g. food, entertainment, language, etc.
  • Heavily criticized as destructive of local culture
  • e.g.  The Simpsons are shown in over 200 countries in the world.

Ecological Globalization

  • seeing the Earth as a single ecosystem rather than a collection of separate ecological systems because so many problems are global in nature
  • e.g. International treaties to deal with environmental issues like biodiversity, climate change or the ozone layer, wildlife reserves that span several countries
READ:
Globalization and Abuse of human rights

Sociological Globalization

  • A growing belief that we are all global citizens and should all be held to the same standards – and have the same rights
  • e.g. the growing international ideas that capital punishment is immoral and that women should have all the same rights as men.
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Cebo N.
Cebo N.
2 years ago

There is one more missing: Geographic globalization

Akins
Akins
8 years ago

am really happy 2 find this websites, it probably save me from wasting my time n help me 2 finish my project. thanks a lot

Katie
8 years ago

What type of globalization would education fit under?

Rehema A.
Rehema A.
7 years ago

thanks, it is helpful

Nadine
Nadine
10 years ago

Thanks dude! It’s very useful for my humanities work 🙂

Dulmi
Dulmi
8 years ago

wow, I got the exact thing. Thank you

Little Ashia
Little Ashia
10 years ago

I used this for my homework, thank you for the info!

Shimatsatsa
Shimatsatsa
10 years ago

Thanks guys, this was very helpful.

Ucen
Ucen
10 years ago

thanks its very useful for my humanities work 😀

brazilian guy
brazilian guy
11 years ago

I’m brazilian and this article helped me so much, thanks

sanjeep maharjan
sanjeep maharjan
12 years ago

Thank u very much, tmorrw is my exam of globalization and i have no note of globalization types….and i searched and found this one. i m feeling very lucky to having chance to see this.

anu
anu
Reply to  sanjeep maharjan
7 years ago

it was really a great help for me for the project work. Feeling lucky to find it.

abdul r'shaloor
abdul r'shaloor
8 years ago

I wish to thank the author! So helpful for my earlier seminar on globalization…..

Joe J.
Joe J.
8 years ago

Very helpful!

bilal ould
bilal ould
8 years ago

thanks a lot for the useful article