Globalization Chapter 1 Study Guide

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• What is Globalization?

Globalization is the incorporation of economic, cultural, social, and political aspects of societies from around the world. It is the elimination of barriers to support a global spread of ideas, values and beliefs as well as consumer goods.

• Identify and explain at least five different characteristics of Globalization.

INTEGRATION – The exchange of world views, products, ideas, and culture has created a web in which all nations are linked.

WORLD WITHOUT BORDERS – The increase in technology broken down national barriers and has wired the world into a network (210).

CONNECTIVITY - The world wide web allows for instant sharing of knowledge, literature, technology, culture and information from almost anywhere