To what extent should we embrace globalization? Are there alternatives to the process of globalization that we have examined to this point? Values and Attitudes Outcomes 2.2 exhibit a global consciousness with respect to the human condition 3.1 recognize and appreciate multiple perspectives that exist with respect to the relationships among politics, economics, the environment and globalization 3.2 recognize and appreciate impacts of globalization on the interdependent relationships among people, the economy and the environment 4.1 recognize and appreciate the impact of globalization on the quality of life of individuals and communities 4.10 evaluate means by which individuals, governments, organizations and businesses could address opportunities and challenges of globalization (proglobalization activism, anti-globalization activism, legislation, agreements, consumer activism, corporate responsibility) Knowledge and Understanding Outcomes 3.3 explore understandings of contemporary economic globalization 3.6 analyze economic challenges and opportunities of globalization (trade liberalization, foreign investment, economic growth, privatization, outsourcing, knowledge economy) 3.8 evaluate actions and policies associated with globalization that impact the environment (land and resource use, resource development agreements, environmental legislation) 3.9 analyze multiple perspectives on sustainability and prosperity in a globalizing world 4.4 explore various understandings of quality of life 4.8 analyze how globalization affects individuals and communities…
Globalization has invoked extensive debate over its impact and credibility, giving rise to a number of perspectives. Indeed increased globalization has prompted remarkable economic growth around the world. It has led to job opportunities in making the products that are exchanged with different countries. This has produced specialization and comparative advantage. The power of foreign competition has encouraged domestic industries to innovate and it has allowed resources to flow to their highest use as well. Further, globalization is the process that increased the link and interdependence of the world markets and businesses. It is a route of interaction and integration of the people, companies, and governments of different nations, a process motivated by international trade and investment and aided by information technology. The volume of world trade has increased due to globalization. Consequently, more jobs are being available to people and consumers all over the world are enjoying a wider selection of products made from different countries.…
Globalization contributes to sustainable prosperity for all people. By sharing ideas and opening trade between different countries, we can cut down on poverty increasing the number of companies competing for the sale of the same good or service. From a consumers perspective this is good because it causes prices to drop and the quality to increase in order to win the consumers business. For lower income people this makes goods more affordable making there money go farther in improving there quality of life. The government, in most countries, limits this to a point by putting tariffs on cheaper foreign goods to try and protect its companies from going out of business, and not allowing foreign transnational companies to control the global marketplace. In 2008, Wal-Mart (WMT) had net income of 12,731,000,000 on total revenue of $378,799,000,000 according to documents filed with the SEC.[ ] Globalization helps flood the market by opening trade with other countries giving consumers more power and the ability to dictate what is being produced and how. If consumers as a collective bought only environmentally friendly products companies would be forced to transition to meet our demands making the world a cleaner place. “Today, the forces of competition, technology, and globalization have converged to spur innovation and to transform the way business is done.”[ ]…
skills to people in poverty-stricken countries who might have not had a chance to learn. If…
One viewpoint would state that the ideological perspective presented in the source should be embraced minimally because the effect of economic globalization has positively contributed to the sustainability prosperity for all people. They would argue that industrialization and the increase in global trade has led to; more development of transportation and technology, peaceful relationship with other nations and improved quality of life. Another perspective suggests that we should greatly embrace the ideological perspective, as economic globalization has negatively impacted the sustainable prosperity for all people. They believed the interdependence between countries has led to; exploitation of resources by transnational companies, trade encourages subjection and slavery and the importation of illegal items. The fact is, we should moderately embrace the ideological perspective illustrated in the source. While economic globalization has contributed to sustainable prosperity for some, as it has resulted providing job opportunities to the locals. However, it has not significantly affected the sustain prosperity for all. Higher rates of production in goods and services has negatively impacted the environment affecting all people around the world and underdeveloped countries are in risk of being economic and political exploited by those who are…
Canadian scholar Marshall McLuhan once said that the world is becoming more and more like a “global village,” each nation part of an increasingly interconnected society that stretches across national boundaries (6). Although he was talking about the role of new media in this change, he also was probably talking about the growing economic links that come with globalization. Globalization is a process that offers both the opportunity for a better world and the risk of destroying local communities, regional cultures, and entire natural environments. Over the last century, globalization has become a major issue in politics, environmental studies, and economics, touching every corner of earth as corporations spread. But Globalization is a broad term that does not necessarily mean one single thing. It usually describes the increasing interconnectedness of economies, political institutions, and individuals as the result of communication, transportation, and goods provided by multinational corporations. As Justin Ervin and Zachary Smith define it, “Globalization can now be seen as a process that ‘shrinks’ the world as human interaction ‘thickens’” (4). The effects of globalization are neither good nor bad; there are costs and benefits as with most things in life. What is certain is that no nation on earth has not yet felt the effects of globalization.…
This report provides a review as to whether it is possible to have prosperity without growth.…
Globalization in the human society has existed for thousands of years. Historically, globalization related to the process of trade, a way in which peoples interacted with one another to obtain necessary or luxurious goods (The Levin Institute, 2013). With the evolution of technology, our world has become much smaller, from a communication standpoint. Media makes it possible to know world events in a manner of seconds. The culmination of a technology-driven global society has brought forth many of the world’s utmost concerns, from poverty, oppression, disease, natural disasters, pollution,…
Globalization is a set of processes leading to economic integration. All countries open their doors to each other. The wind of globalization has carried a lot of changes .The life nowadays depends on trade and economic relationships. Before globalization, countries were separated from each other. As a result , every one was looking for its interset in a selfesh way which is contrary to what is happening now. However, people nowadays are thinking of ways that help them to communicat with one other. There are a lot of postive things which have resulted from globalization and have improved people’s lives such as decreasing poverty in the world. In fact, an average of 65% to 70% of citizens all over the world feel thous their lives and that of their families have improved as a result of globalization[1]. Global economy has improved in the last 20 years ,which caused poverty reduction in world. Free trade and outsourcing are the most prominent phenomena which resulted from globalization and played an important role in reducing poverty.…
1. GLOBAL INTEGRATION: ADVANTAGES AND DISADVANTAGES Globalization is the process by which different societies, cultures, and regionaleconomies integrate through a worldwide network of political ideas throughtransportation, communication, and trade. Generally, globalization has affected manynations in various ways; economically, politically, and socially. It is a term that refersto the fast integration and interdependence of various nations, which shapes the worldaffairs on a global level. Globalization has affected the products people consume, theenvironment, culture, security, and idea exchange between different countries. Thereare many factors that lead to the speedy globalization trends. This acceleration inglobalization can be attributed to an increase in free-trade activities, emergingtechnologies, or the worldwide acceptance of markets. Globalization has affected cultures and economies on matters dealing withenvironmental destruction and availability of the already limited resources.Globalization has had diverse implications for environmental issues such as,pollution, deforestation, water resources climate change, and biodiversity loss. Therampant environmental problems have become the subject of international effortsbecause the effects are felt globally. The negative impacts of globalization focus onthe destruction on the environment that is export-oriented. On the other hand, thepositive impacts are the multinational companies research into technology that iseco-friendly and an increase in environmental awareness. A major impact of globalization on the environment is that, there is animprovement on the use of resources and the awareness of environment degradation.Due to issues dealing with globalization, a lot of research is being carried out onprogressing greener technology, which will replace current ones that harm theenvironment. Globalization has also helped in the improvement of resources to savethe environment by the promotion of growth through…
This essay argues that sustainable development is the answer to the world’s environmental and economic problems. Its purpose is to outline my understanding of sustainable development and to discuss what the authors Ede (2008), Collier (2007) and Monbiot (2006) have contributed to it. For the purpose of this essay I am referring to ‘development’ in the context of human socio economic growth. Brundtland defines sustainable development as “development that results in the needs of the present being met without compromising the ability of future generations to meet their own needs” (Sutton, 2004).…
Sensitive: changing proportionally in response to actual changes in the condition or item being measured…
area of social science, ideas which affect millions of people and guide the policies of nations…
Define all the concepts and acronyms EIA (environmental Impact Assessment) SEA (strategic environmental assessment) IEM (Integrated environmental management) PPP (Policy, plan, programme) EMP (Environmental Management Plan) SD (Sustainable Development) CBA (Cost benefit Analysis) PI (Population Index) SIA (Social Impact Assessment) MCE (Multi Criteria Evaluation)…
Sustainable development is defined as ‘the ability to meet our generation’s needs without compromising the needs of future generations, it contains two main theories, the concept of needs which is based on the idea of providing support to those whom are less fortunate, the second theory is called the idea of limitations which is based on the ability to have our technology meet our present needs without harming future generations’. There are many ways you can define sustainable development but they all relate to the fact that sustainable development is a system that connects space and time. One example of sustainable development being a system over a space is with air, ‘pollution from North America affects air quality in Asia, and pesticides sprayed in Argentina could harm fish on the coast of Australia’. In regards to construction sustainable development is becoming an increasing demand because it makes sense for both the owner and the operators. This is because sustainable development techniques not only are environmentally friendly or ‘green’, and they also help improve relationships with stakeholder groups.…