Activity 7

GLOBALIZATION different apects

Politics

Economy

Culture

- Is the mayor catalys for globalization and is the most affected area.

- The foreign direct investiment of comopanies and goverment has increased substantially it's risen from 13 billion dollars per year in 1970 to more than 1.8 trillon today.

- many conpanies are searching for new and opportunities for cheap production in the countries with low wages and soft enviromental regulations

- On policy issues such as climate change and terrorism, politics tries to react by trying to make decisions in broader groups of countries, such as the EU, the G20 and the UN.

- Nongovernment organizations or NGO are able to exert influence in politics related to their field of work for example Greenpeace.

One aspect is referred to as Mik world the term describes how Western culture especially popular culture becomes to dominant and destroys the culture diversity.

-some people return to the local and regional customs.