THE CONTEMPORARY WORLD
INTRODUCTION
THE WORLD MADE
CLOSER
Enumerate at least three of the
most recent songs you have
listened to.
Then answer the following questions through
padlet.
https://padlet.com/lawasabby/the-world-
made-closer-ubiab0vpfuozcsik (MT2C)
https://padlet.com/lawasabby/the-world-
made-closer-6xe8qgnd2l3gs32f (DENT 1A)
https://padlet.com/lawasabby/my-radiant-
padlet-qv6jcy08pqc4fbes (RT1B)
GLOBALIZATION
LEARNING OUTCOMES
Define the concept and ideas on globalization.
Trace the history of globalization and its effects.
Elaborate the theories that speed up globalization.
Where does the Apple company source
their raw materials?
company is registered
parts are assembled
chip is created
silver is mined
chips are packaged
gold is produced lithium is produced
GLOBALIZATION
a process of rapid economic, cultural and
institutional integration among countries
a shift towards integrated and interconnected
world economy including markets and production
a movement towards the expansion of economic,
social and political ties between countries
Globalization
History
BRIEF HISTORY OF GLOBALIZATION
Spice First wave of Globalization
Routes Globalization 4.0
1st century BC- (7th-15th 15th-18th 19th century- The World wars PRESENT
5th century AD centuries) centuries 1914
& 13th-14th
centuries AD)
Second and Third
wave of
Age of Globalization
Silk Roads Discovery
SILK ROADS (1ST CENTURY BC-5TH CENTURY
AD, AND 13TH-14TH CENTURIES AD)
Silk was mostly a luxury good, and so
were the spices that were added to the
intercontinental trade between Asia
and Europe.
Global trade links were established,
and for those involved, it was a
goldmine. From purchase price to final
sales price, the multiple went in the
dozens.The Silk Road could prosper in
part because two great empires
dominated much of the route.
SPICE ROUTES (7TH-15TH CENTURIES)
The main focus of Islamic trade in those
Middle Ages were spices. Unlike silk, spices
were traded mainly by sea since ancient
times. But by the medieval era they had
become the true focus of international trade.
Chief among them were the cloves, nutmeg
and mace from the fabled Spice islands – the
Maluku islands in Indonesia. They were
extremely expensive and in high demand, also
in Europe. But as with silk, they remained a
luxury product, and trade remained relatively
low volume.
AGE OF DISCOVERY (15TH-18TH CENTURIES)
It was in this era, from the end of the 15th
century onwards, that European explorers
connected East and West – and accidentally
discovered the Americas. Aided by the
discoveries of the so-called “Scientific
Revolution” in the fields of astronomy,
mechanics, physics and shipping, the
Portuguese, Spanish and later the Dutch and
the English first “discovered”, then subjugated,
and finally integrated new lands in their
economies.
FIRST WAVE OF GLOBALIZATION (19TH
CENTURY-1914)
By the end of the 18th century, Great Britain
had started to dominate the world both
geographically, through the establishment of
the British Empire, and technologically, with
innovations like the steam engine, the
industrial weaving machine and more. It was
the era of the First Industrial Revolution.
On the other hand, its industrialization allowed
Britain to make products that were in demand
all over the world, like iron, textiles and
manufactured goods.
THE WORLD WARS
In the years between the world wars, the
financial markets, which were still
connected in a global web, caused a
further breakdown of the global
economy and its links. The Great
Depression in the US led to the end of
the boom in South America, and a run
on the banks in many other parts of the
world. Another world war followed in
1939-1945.
SECOND AND THIRD WAVE OF GLOBALIZATION
In the early decades after World War
II, institutions like the European
Union, and other free trade vehicles
championed by the US were
responsible for much of the increase
in international trade. In the Soviet
Union, there was a similar increase
in trade, albeit through centralized
planning rather than the free
market.
GLOBALIZATION 4.0
It is further enabled by artificial
intelligence, but threatened by
cross-border hacking and
cyberattacks.
TYPES OF GLOBALIZATION
ECONOMIC SOCIAL POLITICAL
interdependence of facilitates the intensifies and
economies across shares of expands the
the world through information and cooperation of
the movement of ideas contributing governmental and
goods, services, to an enculturation political institutions
technologies and of cultures and of countries in the
wealth societies world
CAUSES OF GLOBALIZATION
1. TRADE LIBERALIZATION
This is the removal or
reductions of barriers on EXAMPLES
the free exchange of
In the ASEAN region, the member countries approved to
goods and services reduce 10% of its trading transactions, but with
between nations conditions like the size and shape of a good or service.
including tariffs, custom In a newly-signed trade agreement between China and
duties, surcharging, Russia, the two countries planned to pour more
licensing and quotas. investment with each other.
CAUSES OF GLOBALIZATION
2. IMPROVEMENT OF
TECHNOLOGY
The expansion of internet
and wide coverage of EXAMPLES
faster and reliable
connections and newer The sudden rise of TikTok app from its music trends,
selling of products on its platform and exchange of
technology for
messages between users around the world.
communication and
transportation made the The virtual interaction of people helps improved faster
people of the world conversation and build relationship and social networks
of the society and culture.
connected and closer.
CAUSES OF GLOBALIZATION
3. DEREGULATION OF
FINANCIAL MARKETS
The removal of
EXAMPLES
restrictions and opening
of competition in the Singapore is seen as an economic power in Southeast
Asia since it permits foreign ownership of its
market which allows properties.
foreign investment and Saudi Arabia is an oil-based economy which its oil
promotes economic production and price are deregulated; they may
increase or decrease the available supply in the
growth of a country.
market.
CAUSES OF GLOBALIZATION
4. THE RISE OF TRANSNATIONAL
COMPANIES (TNCs)
The spread of global
EXAMPLES
production and
operation after World The McDonaldization of the world is still
War 2 is seen to seen today.
increase job opportunity
with less tax collection The regional production of Coca-Cola
from the government. plant in the Philippines.
IS GLOBALIZATION SAME TO ALL?
GROUP ACTIVITY SCAVENGER HUNT
AREAS CHALLENGES OPPORTUNITIES WAYS FORWARD
Cultural Identity
Social Norms
Economic System
Political System
Educational System
INSTRUCTIONS:
The class will be divided into 5
01
groups. Each group will be given a
certain topic to be discussed next
meeting.
02 You may utilize any application
for your presentation such as
CANVA or Microsoft Power Point.
03 The rubrics for the activity will be
uploaded later using the LMS or
our class group chat.
TOPICS PER GROUP:
8 MEMBERS EACH GROUP
Group I - Cultural Identity
Group 2 - Social Norms
Group 3 - Economic Systems
Group 4- Political System
Group 5 - Educational
System
