8.1. The meaning of globalization скачать в хорошем качестве

8.1. The meaning of globalization

ኦንላይን መማር ለምትፈልጉ በ 0979181185 በመመዝገብ መማር ትችላላችሁ Social Media TikTok: / tutor12ab Instagram: / @tutor12ab YouTube: / @tutor12 Telegram: https://t.me/tutor12ab 8.1. The meaning of globalization • Globalization refers to the interconnectedness of states and societies in the modern world system. • It describes how events, decisions, and activities in one part of the world can have significant consequences for individuals and communities in distant parts of the globe. • Economic globalization is often used to refer to the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. 8.1.2. Dimensions of globalization Political Dimensions: • Intensifies and expands political interrelations globally for various purposes. • Characterized by the diffusion of political policies, ideologies, culture, and institutions. Economic Dimensions: • Reflects the increasing interdependence of world economies due to cross-border trade, international capital flow, and rapid spread of technologies. • Reflects the expansion and mutual integration of markets. Social Dimensions: • The sharing of ideas and information across different countries. • Impacts people's lives and work, including employment, working conditions, income, and social protection. • Encompasses security, culture, identity, inclusion or exclusion, and the cohesiveness of families and communities. Cultural Dimensions: • Explores the intensification and expansion of cultural flows across the globe. • Refers to the circulation and sharing of ideas, meanings, and values across countries and cultures.