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Globalization. AP Human Geography. What is globalization?. Globalization refers to the process by which something involves the entire world and becomes global in scope. Opposite of global is local.
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Globalization AP Human Geography
What is globalization? • Globalization refers to the process by which something involves the entire world and becomes global in scope. • Opposite of global is local. • Ex. Mc D’s used to sell their food only to people a small area…now it is available across the globe. • Ex. American cars used to be made in America….how the parts are made across the globe and assembled in America.
Economic Globalization • The integration of national economies into the international economy through trade, foreign direct investment, migration, and the spread of technology. • Primarily responsible for economic globalization are transnational corporations. • An American owned company has headquarters in 3 different cities (NY, London, Tokyo). Raw materials are from Africa, products are assembled in Asia, and sold to people in Europe.
Cultural Globalization • The spread of cultural elements from the local to global level. • Ex. English language, television shows, products • Many things that are part of American culture are also a part of a global culture as well. • Foreign cultures are becoming less foreign as globalization spreads….PEOPLE ARE BECOMING LESS DIFFERENT AND MORE SIMILAR!
Examples of Globalization • Japanese cars are more popular in America than American cars. 60 years ago no one in America owned non-American cars. • Our clothing is made in a variety of places, including Indonesia, Vietnam, China, and Mexico. • We grow more corn and wheat than we can consume because we ship it to others who cannot grow their own food.
Pros of Globalization • A greater variety of ideas and goods are available at the global level. • Corporations can sell more products and increase profit. • Goods can be produced more cheaply. • Benefits developed countries such as the U.S., Japan, Western Europe. • Promotes the spread of capitalism
Cons of Globalization • Wealthy countries grow wealthier while poor countries do not develop. • The poor may be exploited at the expense of the wealthy. • Degradation of natural resources/ environment • Jobs may move from wealthier countries to poorer countries. • Old and new cultures may come into conflict with one another. • May lead to the extinction of native cultures