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Economic Globalization Mind Map

How do These Connect. Globalization is an economic phenomenon 12.

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Creation of Jobs due to TNCs 221.

Economic globalization mind map. Globalization by Angel Oh 1. Created by Daniela Pinillos. Somalilandreceives an estimated 500 million a year in money sent home from abroad four times more than the income from the main export livestock according to a study by the researcher Ismail Ahmed reported in the.

Free trade allows for greater specialization of labour. The implications of the logical was ignored 14. Burning fossil fuels also releases other gases that dissolve in water in the atmosphere and cause acid rain sulphur dioxide.

Established a new international monetary system after World War II. 30 - Information Revolution. Countries can help each other.

Successfully transformed the world into a global village. Had to afford the costs of Vietnam War and great number of new social programs. The majority of economic activity around the world still remains primarily national in origin and scope.

Diminished use of paper with the spread of the new globalized information technology. Greater exchange of ideas in terms of technology allowing countries to be on par with each other as far as possible 212. Or Components Institutions Organizations Commonly confused with Semi-globalization Stages Economic groups Advantages Global Business Markets Produ.

Short-term economic benefit of emigration is remittances 11211. After the First World War the global economy stagnated and then experienced a veritable collapse in the global economic crisis 19291932. Growing prosperity for producers.

When it comes to industrialized countries the economic globalization is limited 2. Burning fossil fuels releases carbon dioxide. Constructing the mind map is part of the learning process on literature review.

Globalization of the Worlds Economy by Linda Tomajko 1. This adds to global warming. Dismisses the need of globalization as an.

Global Warming causes sea levels to rise cause more severe weather and force species to move to find better conditions or make them instinct. In economics globalization can be defined as the process in which businesses organizations and countries begin operating on an international scale. Allows capital inflows in both the manufacturing and financial markets 11.

Put simply globalization is the connection of different parts of the world. Exploring methods to map the changing structure of world trade Lloyd Paulette Princeton University Jan de Leeuw University of California Los Angeles Matthew Mahutga University of California Irvine and John Galloway. 10 - Columbian Exchange 12.

Exports improve economy internationalfree trade Wide range of productsfood at any time. In the 1960s the US. World economy is not a truly global phenomenon but one centered on Europe eastern Asia and North America.

Comment on this Task. 20 - Industrial Revolution 13. Individual Identity - Economic globalization to identity.

Financial crisis in one country can affect others as well negatively global crisis People in industrial countries lose jobs. 3 screen shares for 3 different teaching scenarios. Gold Standard created opposite of Floating Exchange Rate Fixed Exchange Rate leads to Inflation ie.

Globalization of information is also proved from the usage of the most popular language English in the Internet. Globalisation by hum education 1. Increase awareness of foreign culture allowing people to learn about the history and culture around them via ways like travelling surfing the Net.

Limited nature of the current globalization process 13. Globalization is most often used in an economic context but it also affects and is affected by politics and culture. Widening income gap between the developing and developed countries as well as between the rich and poor within a country 2211.

1 Measuring Economic Globalization. Nominally trade fell by 20 but when deflation is taken into account and it hit traded goods harder than non-traded goods the decrease was considerably larger in real terms. GLOBALIZATION by Clara Tang 1.

Greater understanding and. Globalization is the word used to describe the growing interdependence of the worlds economies cultures and populations. Homogenization Homogenization is the act of making something uniform in composition.

As a whole the mind map renders an image of the knowledge structure on globalization based on the thematic analysis findings see also the Literature on globalization internationalization Facebook page for additional information on globalization. By homogenizing a culture it is getting rid of the identities and traditions in order to adopt to another culture. 6 virtual presentation tools thatll engage your audience.

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