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Questions
•What is globalization?
•Use specific
examples to
illustrate it.
•Is globalization
making the world
better or worse?
•Use specific examples
to support your ideas.
•Globalization is a
process of in ction
and integration among
the people, companies,
and ernments of
different nations, a
process driven by
international trade and
investment and aided
by information
technology.
•This process has effects on the environment, on
culture, on political systems, on economic
development and prosperity, and on human
physical well-being in societies around the world.
Global natural environment
Economic globalization
Shanghai es a symbol of the recent economic boom of
. In 2011, had 960,000 millionaires.
Shanghai FTA
Integration of Economies
•The reasing reliance of
economies on each other
•The opportunities to be
able to buy and sell in any
country in the world
•The opportunities for
labour and capital to
locate anywhere in the
world
Stock Markets are now accessible •The growth of global
from anywhere in the world! markets in finance
Copyright: edrod, stock.xchng
Integration of Economies
•Made possible by:
–Technology
–Communicatio works
–Inte access
–Growth of economic cooperation –trading blocs
(EU, NAFTANorth American Trade
Agreement , etc
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