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

  • 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.

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 is 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

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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Akins
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Akins

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

Rehema A.
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Rehema A.

thanks, it is helpful

Dulmi
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Dulmi

wow, I got the exact thing. Thank you

Nadine
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Nadine

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

Little Ashia
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Little Ashia

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

Katie
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What type of globalization would education fit under?

Shimatsatsa
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Shimatsatsa

Thanks guys, this was very helpful.

Ucen
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Ucen

thanks its very useful for my humanities work 😀

brazilian guy
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brazilian guy

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

sanjeep maharjan
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sanjeep maharjan

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
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anu

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

abdul r'shaloor
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abdul r'shaloor

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

Joe J.
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Joe J.

Very helpful!

bilal ould
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bilal ould

thanks a lot for the useful article