Globalization

a01230979
Mind Map by a01230979, updated more than 1 year ago
a01230979
Created by a01230979 almost 5 years ago
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Concept map about Globalization
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Globalization
1 Or "International Integration"
2 Globalization implies the opening of local and nationalistic perspectives to a broader outlook of an interconnected and interdependent world with free transfer of capital, goods, and services across national frontiers.
3 Types of Globalization: (3 main types)
3.1 Economic, Cultural, Political
3.1.1 Economical : A worldwide economic system that permits easy movement of goods, production, capital, and resources (free trade facilitates this) Example: NAFTA, EU, Multinational corporations
3.1.2 Cultural: Merging or “watering down” of the world’s cultures e.g. food, entertainment, language, etc.
3.1.3 Political: 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
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