Globalization 5PPB by Alejandra Quiroz

Team 6

2021-08-24 17:27:06 UTC

-What is globalization?
Globalization is a group of processes, ranging from cultural to commercial, that allow the exchange of goods, information and services between people from different parts of the world-

Team 5

jazzely_cisneros — 2021-08-24 17:27:35 UTC

- What is the globalization process?
Globalization is a process of interaction and integration among people, companies, and governments of different nations, driven by trade and investment
- Why is globalization taking place?
Because there are several factors which have influenced the process of globalization, the society always needs to improve everything and for that, we need everyone’s help to improve, for example, the communications, the transportations, our technology skills, etc. And with organizations like WTO (World Trade organizations) that promote the World Free trading between countries.
- What is the goal of globalization?
The main goal is the incorporation of other countries (worldwide) through trade, transportation, etc. in order to benefit certain areas such as economic growth
- Why in a globalized world are there countries richer than others?
because some countries extracted the resources from others in the 1800s to 1900s and became rich in those times, and in that way, they do not have so many debts and also because of all the debts from some countries to other countries, the inflation of their coins, between other things
- Is globalization a good thing? why or why not?
We all agree that globalization is good since it contributes to the improvement of all countries both economically and culturally
BBC. (n.d.). Reasons for globalisation - Globalisation - GCSE Geography Revision. BBC Bitesize. Retrieved August 24, 2021, from https://www.bbc.co.uk/bitesize/guides/zxpn2p3/revision/2#:%7E:text=Improvements%20in%20transportation%20%2D%20larger%20cargo,goods%20between%20countries%20has%20decreased.&text=Freedom%20of%20trade%20%2D%20organisations%20like,to%20remove%20barriers%20between%20countries.
https://www.slideshare.net/arpeecallejo/effects-of-globalization-to-e-commerce-72647798

Team 2

richonchardo27 — 2021-08-24 17:27:45 UTC

1.- What is the globalization process?
Process based on international strategies with the aim of expanding trade worldwide, contributing to relaations between societies and countries around the world, and facilitate communication.

https://www.investopedia.com/articles/economics/10/globalization-developed-countries.asp

2.- Why is globalization taking place?
Reasons for globalization
Transportation improvements, such as larger cargo ships, have reduced the cost of carrying products between countries. When working on a bigger scale, economies of scale can lower the cost per item. Improvements in transportation also allow commodities and people to travel more swiftly.
Commerce freedom - organizations such as the World Trade Organization (WTO) advocate free trade between countries, which helps to reduce trade obstacles.

Improvements in communication

Improvements in communication - the internet and mobile technology have allowed people in various nations to communicate more easily.

Labor availability and skills - countries like India have cheaper labor costs (approximately a third of those in the UK) while simultaneously having a high level of expertise. Clothing and other labor-intensive businesses can benefit from lower labor costs and less regulatory limitations in LEDCs.

Reasons for globalisation - Globalisation - GCSE Geography Revisi

Reasons for globalisation - Globalisation - GCSE Geography Revision - BBC Bitesize
BBC Bitesize Year: 2021 URL: https://www.bbc.co.uk/bitesize/guides/zxpn2p3/revision/2

3.- What is the goal of globalization?
The goal of globalization is to provide organizations with a superior competitive position that presents lower operating costs, in order to obtain a greater number of products, services and consumers.
REFERENCIA: Youmatter. 2020. What is Globalization? Examples, Definition, Benefits and Effects. [online] Available at: <https://youmatter.world/en/definition/definitions-globalization-definition-benef

4.- Why in a globalized world are there countries richer than others?
Different countries of the world are classified according to their level of social and economic development. Levels of development are dependent on physical, economic and environmental factors.

https://www.bbc.co.uk/bitesize/guides/zxw2cwx/revision/4

5.- Is globalization a good thing? why or why not?
The globalization is a topic that que must analyze the pros and cons. Most of the undeveloped countries need to move and exchange things to make their economy grow, in that sense, they make more jobs in their countries and benefit with less poverty; in the other side, we have seen that the globalization have expanded the viruses through the world, we could say that globalization could benefit and kind of profitable for the countries.

https://www.forbes.com/sites/mikecollins/2015/05/06/the-pros-and-cons-of-globalization/?sh=79e56a35ccce

Team 1

jose_arango1 — 2021-08-24 17:28:53 UTC

Team 3

2021-08-24 17:29:02 UTC

TEAM 4

2021-08-24 17:41:49 UTC

- What is the globalization process?
Globalization is the action of sharing cultural, political, and economical aspects, as well as information and people, throughout the world, so that all nations are connected and communicate with each other.

- Why is globalization taking place?
Thanks to the media and other tools, it is simple to share information about what is happening in every country. That facilitates the exchange of information, cultural, political, and economical aspects.

Also, the means of transport are faster and more secure, which is helpful to not only know about other nations and their culture, but also to buy products that are typical in other territories.

- What is the goal of globalization?
To have greater access to the flow of capital and technology from different nations as well as to have communication between countries.

Provide organizations a superior competitive position with lower operating costs.

In other words, to be better off. The efforts of one country alone are reduced, but if many share what they have, the efforts add up.

- Why in a globalized world are there countries richer than others?
Because most of the countries have very high levels of debt, and other factors including political, social, natural factors

- Is globalization a good thing? Why or why not?
Yes. Because it helps countries improve their economies by introducing new competition, acquiring new technology, adopting traditions from around the world, and sharing information, with the purpose of being better off. From the people’s perspective, it enables people to travel, move out, and improve their living standards.

However, there are some disadvantages, for example, many small businesses are affected by big foreign brands. The products of the dominant stores can be cheaper or more known, and that affects local commerce.

References

- Council of Europe. (s. f.). La globalizaciÃ3n. Manual de EducaciÃ3n en los Derechos Humanos con jÃ3venes. Recuperado 24 de agosto de 2021, de https://www.coe.int/es/web/compass/globalisation

- Roser, M. (2013, November 24). Global Economic Inequality. Our World in Data. https://ourworldindata.org/global-economic-inequality

- You Matter. (2020, October 6). What is Globalization? Examples, Definition, Benefits and Effects. Youmatter. https://youmatter.world/en/definition/definitions-globalization-definition-benefits-effects-examples/

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