Globalization of the world’s economy continues to have positive and negative consequences, depending on one’s perspective.
A. Define globalization.

B. Discuss in detail an example of one significant economic impact of globalization in a specific country, and examine how this impact may be viewed positively and negatively.

C. Discuss in detail an example of one cultural impact of globalization in a specific country, and examine how this impact may be viewed positively and negatively.

Answers

Answer 1

Answer:

A. the act or process of globalizing : the state of being globalized especially : the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets.

B. A example is Vietnam, where globalization has contributed to an increase in the prices for rice, lifting many poor rice farmers out of poverty. This is viewed a positive impact.

C. Cultural globalization has created unparalleled inequity throughout Africa, affected the behavior of people in numerous ways, and forced many people to assume a lifestyle of self interest, selfishness, individualism and made people to develop a psychopathic devotion and appetite for foreign films, foreign goods, foods, foreign way of life, foreign music, attitude and behavior. This is a viewed negatively.

Explanation:

Answer 2

Answer:

A. Globalization is the spread of technological advances, communication, and economic production from one culture to another.

B. A significant economic impact of globalization in Japan would be the collapse of their (previous) well-entrenched system of lifetime employment. Due to the lack of economic growth and failing markets, 1990s Japan was forced to reform the original Japanese labor model, and the integrating of American-style economic principles. Positively, this impact promoted the accumulation of capital, upgrades to the industrial structure, and technological advancements. Negatively, this impact affected the successful labor model that was followed before the globalization occurred.

C. An example of cultural impact of globalization in Germany would be that the country benefited greatly from higher flows of people and ideas. The people and ideas led to making slight changes in traditional religions and belief systems. They also began changing work ethics and rhythms that were to be followed. This impact may be viewed positively by having people work in better time frames and in safer environments. It may be viewed negatively by changing the traditions and belief systems some people were raised to believe for years. Sometimes people just do not want to see change in that aspect, they are so firm in their beliefs.

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Explanation:


Related Questions

Analyze the maps below and answer the question that follows. A world map titled Colonized Territories: 1945. The following are shaded: most of Africa, India, Guyana, Suriname, French Guiana, the Caribbean, Belize, Madagascar, Oceania, Bangladesh, Burma, Cambodia. Image by Aniraptor 2001 Map 1: Colonized Territories: 1945 A world map. The key shows Human Development Standing by color. Green = High Human Development, Yellow = Moderate Human Development, Red = Low Human Development. North America and Europe are dark green. Central America, the Caribbean, and South America are yellow, light green, medium green. Africa is yellow, orange, red, dark red, with small areas of light green. Australia is dark green. Asia is yellow, light green, medium green with areas of orange and dark red. Oceania is yellow and light green. Image by Marcos Elias Oliveira Junior Map 2: UN Human Development Index, 2009 Explain how the maps above depict the relationship between neocolonialism and human development.

Answers

Answer:

its b on edg

Explanation:

Answer:

The first map shows colonized nations in 1945. European powers had colonized vulnerable and faltering nations to undergird their economies. The second map shows that, even more than 50 years later, the majority of moderately developed or underdeveloped nations were former colonies of the presently highly developed nations. This conclusion supports neocolonialism in that former colonies have moved toward industrialization and economic independence. The economies of the former colonies are still, to an extent, dictated by, and even hampered by, their former colonizers.

Explanation:

this was the possible answer on edg. 2021

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