Contemporary World

Movement of people, goods, services, capital, & technology across borders

• Economic Globalization

• Cultural Globalization

• Political Globalization

• Social Globalization

Integration of beliefs, religion, practices, norms and values across the globe

• Economic Globalization

• Cultural Globalization

• Political Globalization

• Social Globalization

The influence and development of international organizations & international relations

• Economic Globalization

• Cultural Globalization

• Political Globalization

• Social Globalization

Sharing of ideas through telecommunications

• Economic Globalization

• Cultural Globalization

• Political Globalization

• Social Globalization

The world views as a single community linked by telecommunication

• Global Village

• Global Communication

• Global Community

• Global Unity

Limited or narrow perspective

• Parocialism

• Parokialism

• Parochialism

• Parokya ni Edgar

Economics Exist because of 2 basic facts:

• Unlimited Needs & Wants

• Unlimited Resources

• Limited Resources

• Limited Needs & Wants

is a process of interaction and integration among the people, companies and governments of different nations.

• Globalization

• Global Nations

• Globalinsation

• Global Interactions

Most of the countries have resorted to trade relations with each other in order to boost their economy , leaving behind any bitter past experiences if any.

• Peaceful Relation

• Employment

• Free Trade

• Cultural Diversity

Considered as one of the most crucial advantages, globalization has led to the generation of numerous job opportunities.

• Peaceful Relation

• Employment

• Free Trade

• Cultural Diversity