Globalization

Globalization

1. Cultural integration

   • Encompasses
     • Culture
     • Economy
     • Politics
     • Biology
       • Homogenization
   • Dominant cultures
     • Social influence
     • Political influence
     • Economic influence
       • Other nations
   • Origins
     • Exchange
     • Military conquest
   • Agents
     • Government
     • Multinational corporations
   • Outcomes
     • Utopian society
     • Inequity

2. Capitalism

   • Means of production are owned by individuals.

3. Developing countries

   • Low- or middle-income nations.

4. e-commerce

   • Electronic commerce

5. Homogenization

   • Uniformity.

6. International Monetary Fund (IMF)

   • 189 countries
     • Cooperation, exchange, growth

7. Mercantilism

   • Prosperity = supply of capital

8. Multilateral

   • + 2 countries

9. Multinational corporation

   • In + 2 nations

10. Offshoring

    • Transfering
      • Organizational functions to another country

11. Outsourcing

    • Tranfering
      • Noncentral fucntions to another entity

12. Protectionism

    • Measures for protection from foreign competeition

13. World Bank

    • Aid in international exchange
      • Reduce poverty

Images and files in the map