Gen 005 Reviewer
Gen 005 Reviewer
CONTEMPORARY
WORLD
REVIE
KUMUSTA KAYO?
LET’s
START:
It is the process of integration
and the international
influence of economies and
cultures .
GLOBALIZATION
THREE FACTORS OF GLOBALIZATION .
Interdependence among
ECONOMY international economies
INTERNATIONALIZATION
It refers to the removing
restrictions : usually,
government rules and
regulations are imposed on
social, economic or political
matter.
LIBERALIZATION
It refers to the adaptation of the
practices and cultures of
Western Europe by societies and
other part of the world.
WESTERNIZATION
FORMS OF
GLOBALIZATION.
ECONOMIC MILITARY
POLITICAL CULTURAL
FINANCIAL ENVIRONMENTA
L
CRIMINAL
It is the financial connection of a
country with the global economic
system.
Economic Globalization
It refers to the rise of Global
financial system with
international and monetary
exchanges.
Financial Globalization
It refers to the transfer of
political ideology and the rise of
different international
organization.
Political Globalization
It define as the process that
embodies the growing extensity and
intensity of military relations among
political units of the world system..
Military Globalization
This is how world-class good,
ideas, and information are
produced in one part of the
world. Also called
Mcdonaldization.
Cultural Globalization
It refers to internationally
coordinated practices and
regulations in the forms of treaties
regarding environmental
protection.
Environmental Globalization
It includes trans-border crimes,
such as drug trafficking, money
laundering, prostitution and
counterfeiting.
Criminal Globalization
It refers to how easily two or more
markets can trade with each other.
It occurs when prices among
different locations or related goods
follow similar pattern over a long
period of time.
MARKET INTEGRATION
This occur when a firm or agency
gains control of the other firms or
agencies performing similar
marketing functions at the same level
in the marketing sequence. .
Horizontal Integration
This occurs when a firm performs
more than one activity in the
sequence of marketing process .
Vertical Integration
A firm assumes another function of
marketing that is closer to
consumption function .
Forward Integration
This involved ownership or a
combination of sources of supply.
Backward Integration
Vertical integration combines the
backward and forward vertical
integration.
Conglomeration
It refers to the interconnected
worldwide economic activities
that takes place between multiple
countries.
Global Economy
The main objective of the
global economy.
To maximize the market
Driver of the globalization.
Technological Advanced
Characteristic of
Westernization.
Liberalism Individualis
Consumerism
m
GOOD LUCK :