Globalization

Globalization

1. Economical

   • Capitalism
     • free market.
       • Exchange
         • Goods
         • Services
         • Capital
     • Multinational corporation
       • more than one nation
   • E-Commerce
   • International Monetary Fund (IMF)
     • Help between nations
       • growth of international trade.
   • Mercantilism
     • Capital wealth
       • nation’s prosperity
       • merchant trading
   • Offshoring
     • Transferring
       • organizational functions
       • to other countries
   • Outsourcing
     • Transferring
       • noncentral functions
       • another entity
   • Protectionism
     • protect domestic industry
       • government support for domestic production
     • protects economy
       • import and export regulations
   • World Bank
     • union of international organizations
       • provide aid to countries
         • participate in international exchange
         • reduce poverty
       • Participants
         • International Development Association
         • International Center for the Settlement of Investment Disputes
         • International Finance Corporation
         • International Bank for Reconstruction and Development
         • Multilateral Investment Guarantee Agency

2. Cultural

3. Political

4. Biological

5. Influence

6. Dominant

7. Homogenization

8. Developing countries

   • Income
     • Low
     • Middle

9. Multilateral

   • system involving
     • 2 or more countries