The Contemporary World

  Directions: Using a Venn diagram, compare and contrast globalism and informationalism.   Globalism Informationalism Venn Diagram of Globalism and Informationalism. Resources: https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.egr.msu.edu/aesc210/topics/resources/Globalism%2520Versus%2520Globalization.pdf&ved=2ahUKEwjV0oH497_3AhUNCKYKHag7CkUQFnoECAEQBQ&usg=AOvVaw1WbRh3w3Aq4oe7TMm8UySn https://www.quora.com/How-would-you-compare-and-contrast-globalism-and-informationalism https://sk.sagepub.com/reference/governance/n262.xml https://www.coursehero.com/file/84235851/Compare-and-contrast-globalism-and-informationalismdocx/

 Using a ladder web, make a blog the positive effects of globalization from global corporation. Globalization -  Globalization is the spread of products, technology, information, and jobs across national borders and cultures. In economic terms, it describes an interdependence of nations around the globe fostered through free trade. Global Corporation -  A global corporation, also known as a global company, is coined from the base term ‘global’, which means all around the world. It makes sense to assume that a global company is a company that does business all over the world. There aren’t many companies in the world that can boast of having a business presence in every major country.  Resources: https://www.investopedia.com/terms/g/globalization.asp https://online.hbs.edu/blog/post/pros-and-cons-of-globalization https://smallbusiness.chron.com/global-corporation-63267.html https://velocityglobal.com/blog/globalization-benefits-and-challenges/

  Trace the history of Global Market                          Integration. Market Integration Market integration occurs when prices among different locations or related goods follow similar patterns over a long period of time. Groups of goods often move proportionally to each other and when this relation is very clear among different markets it is said that the markets are integrated. Thus, market integration is an indicator that explains how much different markets are related to each other .  The History of Global Market Integration The nineteenth century saw substantial advances in international market integration, and the creation of a truly world economy. Technological advance was critical in this. The railroad locomotive and the marine steam engine revolutionized world transport from the 1830s onwards. Steamships connected the world's ports to each other, and from the ports the railroads ran inland, creating...

    Multinational Corporation (MNC) A multinational corporation (MNC) is a company that operates in its home country, as well as in other countries around the world. It maintains a central office located in one country, which coordinates the management of all its other offices, such as administrative branches or factories. Characteristics of a Multinational Corporation 1. Very high assets and turnover To become a multinational corporation, the business must be large and must own a huge amount of assets, both physical and financial. The company’s targets are high, and they are able to generate substantial profits. 2. Network of branches Multinational companies maintain production and marketing operations in different countries. In each country, the business may oversee multiple offices that function through several branches and subsidiaries. 3.Continued growth Multinational corporations keep growing. Even as they operate in other countries, they strive to grow their economic si...

  I. In the case of the Philippines, how much do you think are we involved in the Modern World-System? What do you think are the advantages and disadvantages of being part of such.  In the case of our Pilininas today, I think the Modern World-System has also reached the Philippines because our country is gradually developing. Many modern technologies have arrived in the Philippines such as train devices used by people, but not all areas in the Philippines have modern technologies. I think the benefits of being part of the Modern World-System are better transportation, better health, and making people’s tasks easier. And the disadvantages of being a part of it are environmental problems and Lack of social interaction and laziness because children now prioritize cell phone games more than parental commands. II. How can we "upgrade" our economy given the, strength of the global economy, especially the giant economies like the United States and Japan? We can upgrade our economy b...

  Global stratification refers to this unequal distribution among nations. There are two dimensions to this stratification: gaps between nations and gaps within nations.  Global stratification compares the wealth, economic stability, status, and power of countries as a whole. By comparing income and productivity between nations, researchers can better identify global inequalities. Trace how global stratification affects the life cycle of each state in the globe. Effects of Global Stratification. Global stratification greatly affects the life chances of people around the world. As noted earlier, people in the poorest nations live in some of the worst conditions possible. AIDS, malaria, starvation, and other deadly diseases are common. Cause of global stratification The view that global stratification results from a failure of poor nations to have the beliefs, values, and practices necessary for industrialization and rapid economic growth. The view that global stratification re...