Republic of the Philippines
Northwest Samar State University
Rueda St., Calbayog City 6710
Website: http//www.nwssu.edu.ph
Email: main@nwssu.edu.ph
Telefax: (055) 2093657
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COLLEGE OF EDUCATION
Group Activity No. 1
The Task of Defining Globalization
Group 1
Abad, Andrew Marvin B.
Abela, Michael John L.
Ayong, Crizel Aira M.
Bali-os, Heizel L.
Baloca, Vincent Jay C.
Bendo, Justine Kyle R.
Cano, Regine C.
Bachelor of Secondary Education – English 1
Jameson Paul M. Deniega
Course Instructor
|GE 3: THE CONTEMPORARY WORLD
Give examples on the manifestations of globalization on the following aspects/fields: services,
technology, investments, information.
Throughout centuries and decades past, the very prominence of the word "Globalization"
flags the needs of caution. The term was hardly used before even in academic community
(Ereksen,2014). Not until the late 1980's but today, you can even see it on newspapers, magazines,
online articles, books and journals. Although the term was new that doesn't mean that it was not
already existent to its very sense. Many nations and countries in the world are already
interconnected. This we know that it already happened before even the coinage of the term
globalization. Sooner or later it could be argued that there's something in the new world.
Additionally, the term was continuously developed by different brilliant minds. Thus, the word
globalization has a long story before it was officially accepted as an idea or as a concept.
Globalization is the process of integration of economic, political, and cultural systems
across the globe, by which different societies, cultures and regional economies integrate through
worldwide network. Put in simple term, it is the fast interdependence of various nations which
shapes the world affairs on a global level, that increases worldwide exchanges of views, national
and cultural resources. Generally, it has affected many nations in various ways; economically,
politically and socially.
In today’s world, the manifestations of globalization have benefits that cover many
different areas and impact various fields:
Services
Services which in most economies are the single largest contributor to economic growth
and employment. On the other hand, despite the importance of it to national prevailing situations,
the impact of globalization on services is only recently receiving the attention of researchers and
policy-makers. As globalization is a means for interconnectedness, one of its manifestation in this
aspect is the coagulation of call center agents who provide a wide-range subordinate around the
globe.
Technology
Globalization enhances technological development. It allows countries to gain easier
access to foreign knowledge. Moreover, it enhances international competition, which includes as
a result of the rise of emerging market firms and this strengthens firms' incentives to innovate and
adopt foreign technologies. A great example of this is the information technology which over the
years became more efficient and handier compared to what we have in the past wherein desktop
computers are limited to a fairly amount of technologically advanced people and when the mobile
telephones are still large in bulky and is only carried by a small number of users. Also,
|GE 3: THE CONTEMPORARY WORLD
improvement to various hardware, software, and telecommunication allowed people to be able to
access information and economic potential which pave a way for easier business transactions,
communication and seeking job opportunities.
Investments
Globalization improves International Investments. Globalization drives connected
economies to continue to invest in each other to protect their economic health and acquire new
profits. International investments have increased as a direct result of globalization and continue to
do so. Furthermore, it empowers the innovation of bank accounts wherein we can conveniently
transact our money and ensure its safety.
Information
It points out that the growth of digital information draws and contributes to globalization
(Cate, 1998) Information, particularly electronic information, is ubiquitous - it respects no
boundaries. The development of technology has greatly increased the people’s ability to access
information by the use of digital technology. Thus, globalization in technology has its big
contribution in terms of information, spreading the wide range of communication and
telecommunication. The emergence of broadcast media made it easy to gain new source of
information as it continuously updates worldwide events via live or in respective online outlets. In
this context, globalization became the center of the growing ease of information flow across
borders or perhaps without regard to borders. Moreover, information and communication today
are omnipresent as it can be accessed in various social media platforms such as Facebook, Twitter,
and Instagram.
While we enjoy all the benefits we gain from the manifestations of globalization in
different fields, there is an underlying negativity imposed that we can barely notice. We all know
that globalization effectuate good manifestation but not all times. There are certain instances where
globalization becomes our worst enemy. We can't gainsay that there is existential vile
manifestation of globalization. To mention, it brings casualization or contractualization,
downsizing and retrenchment to different workers. Furthermore, employees also experience cheap
labor, low wage, and even union repression. These changes show only that globalization brings
bad manifestation not just good. Moreover, modernization really brought good things in our lives
but on the other side, we don't recognize that nature is the number one deal that's been hardly
affected by it. We almost brought total destruction to it. We deliver devastation to nature at hand,
such as endless cutting of trees, continuously polluting the seas, the oceans and the air we breathe
in. We humans also hunt these animals to their last kin. We can't deny these facts, it is happening.
We can strive to be the best and to be successful and modernized but, we should always think that
true modernization doesn't mean that certain things should be sacrificed.
|GE 3: THE CONTEMPORARY WORLD
It is evident that globalization had a great impact to the economies in various nations. It
also heavily influenced the services and empowered investments. And, the technological and
information flow advancement created a path in an easier gathering of information and let
individuals work efficiently and effectively. Although globalization allowed us to prosper, still,
true modernization comes with improvements with no sacrifices.
|GE 3: THE CONTEMPORARY WORLD