Globalization
Definition
Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale. It involves increased interconnectedness among countries due to trade, culture exchange, political relations etc.
Analogy
Imagine globalization as a giant spider web where each thread represents different connections between countries - be it through trade routes, cultural exchanges or political alliances. When something happens at one end of the web (like economic changes), it can be felt all over the web due to these interconnections.
Related terms
Trade Liberalization: The removal or reduction of restrictions or barriers on free trade between nations. This helps in creating more threads in our 'globalization' spider web.
Cultural Exchange: The sharing of ideas and customs among different cultures around the world; another thread in our globalization web.
Political Alliances: Agreements between countries for mutual benefit such as defense treaties; these also form part of the interconnected web of globalization.
"Globalization" appears in:
Subjects (7)
Study guides (3)
Practice Questions (20+)
How does globalization potentially exploit workers' safety and rights?
How did globalization contribute to the spread of certain diseases according to the study guide?
What are some reasons for resistance against globalization?
Which development has been a primary factor influencing global trade from the Columbian Exchange (15th century) through present day globalization efforts?
Which economic system emerged as a result of globalization during the Modern era?
In what way did imperialism help facilitate a shift towards globalization?
How did globalization impact cultural trends at the end of the Cold War?
What significant technological advancement in the 20th century led to a rise in globalization?
What is a significant consequence of globalization in modern times?
What was a key effect of globalization on economies during this period?
What factor contributed most directly to globalization during the Industrial Revolution?
What was one key effect of increased globalization on cultures worldwide after the year 1900?
What is one primary effect of globalization on cultural practices after 1900?
How has globalization influenced literature since the turn of the twentieth century ?
How did globalization after 1900 impact the status of English as a global language?
Which is an example of cultural convergence in the late twentieth century due to globalization?
What key element fuelled resistance to globalization in the 20th century?
What philosophy often underpinned many resistance movements against globalization during this period?
Which ideology shaped resistance movements against globalization after the Cold War?
Which international institution has faced significant opposition due to its role in promoting globalization?
Resources
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.