OVERVIEW
 Globalization plays a vital role in the economic system of the world. The world economy
is set to be a globalized system.
WHAT IS GLOBALIZATION?
 Globalization is the accelerated circulation of trading products and human resources, and services,
technological advancements, and cultural norms between countries worldwide. it is also the reason
for growth and intensification of economic, political, and social ties and consciousness worldwide.
TYPES OF GLOBALIZATION
ECONOMIC
 This involves the integration of national economies into the global economy through
trade, investment, and the movement of goods, services, and capital across borders.
CULTURAL
 This pertains to the spread of ideas, beliefs, values, languages, cultural practices, and
norms across borders.
TECHNOLOGICAL
 This has facilitated the rapid spread of knowledge, innovation, and ideas.
POLITICAL
 This refers to the increasing interconnectedness of governments and international
organizations in addressing global issues such as climate change, public health crises,
terrorism, and human rights. plans for drawing, painting, printmaking, multicultural art,
recycling projects, and coloring pages are included.
ENVIRONMENTAL
 The impact of human activities on the environment transcends national boundaries.
SOCIAL
 This involves the exchange of cultural practices, social norms, and lifestyle trends across
countries, often leading to the convergence or hybridization of cultures and identities.
EMERGENCE OF GLOBALIZATION
 The emergence of globalization is a complex and multifaceted process that has been
unfolding over centuries but significantly accelerated in the latter half of the 20th century
and continues to shape the world today.
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Trade Routes and Silk Road (200 BCE - 1400s CE):
Industrial Revolution (18th - 19th centuries)
Colonialism and the Triangular Trade (16th - 19th centuries):
Industrial Revolution (18th - 19th centuries)
Modern International Institutions (20th century)
Post-World War II Economic Integration (mid-20th century)
Digital Revolution and Information Age (late 20th century - present)
GLOBALIZATION AND THE EXPANDING
MARKET
 Globalization has played a significant role in expanding markets on a global scale. It has
transformed the way businesses operate, trade occurs, and markets interact.
GLOBALIZATION CONTRIBUTION IN THE EXPANDING MARKET
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Access to New Markets
Global Supply Chains
E-Commerce and Digital Markets
Emerging Middle Class
Cross-Border Investment
Cultural Exchange
Innovation and Technology Transfer
International Trade Agreements
Global Branding and Marketing
Financial Integration
Tourism and Travel
Economic Specialization