Globalization has been a powerful force in shaping modern human history. The world economy has become increasingly connected and interdependent over recent decades, and conventional wisdom suggests that this will only continue in the years ahead. But while it’s tempting to extrapolate the past effects of globalization into the future, such a leap may also be a mistake. That’s because there is growing evidence that globalization itself is quietly transforming - and how it ultimately evolves may be markedly different from what most business leaders might expect. *How globalization is changing. 1) A smaller share of goods is traded across borders. 2) Services trade is growing 60% faster than goods trade. 3) Labour-cost arbitrage has become less important. 4) R&D and innovation are becoming increasingly important. 5) Trade is becoming concentrated within regions.
Globalisation is the process by which the world is becoming increasingly inter-connected as a result of massively increased trade and cultural exchange Globalisation has increased the production of goods and services. The biggest companies are no longer national ferms but multinational corporations. Globalisation has been taking place for hundreds of years,but has speeded up enormously over the last half century. Globalisation has resulted in: Increased International Trade 2: A company operating in more than one country 3: Greater dependence on the global economy 4: Freer movement of capital,goods and services 5: The recognition of companies such as Mc Donald and Starbucks in LEDCs Although globalisation is probably helping create more wealth in developing countries,it is not helping to close the gap between the world's poorest countries and the world's richest. Thank uh ma'am for explaining the topic so well.
Globalization into three major areas: economic , cultural , and political globalization. Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe. The most important course of globalization differ among the three major components of international market integration: trade, multinational production, and international finance.
Globalisation have three tires first is economic , second is political and third is culture. Globalisation is an idea of connect to state and the market and globalisation has a new form in present time.
Thank you mam for such informative lecture. Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services. The biggest companies are no longer national firms but multinational corporations with subsidiaries in many countries. Globalisation has been taking place for hundreds of years, but has sped up enormously over the last half-century. Globalisation has resulted in:- increased international trade a company operating in more than one country greater dependence on the global economy freer movement of capital, goods, and services recognition of companies such as McDonalds and Starbucks in LEDCs.
Thank you mam for this informative lecture.. Globalisation is the process of integrating social, economic, and cultural backgrounds across the country, the interaction between people, government and companies of different nations. It have three major areas : economic, cultural and political globalisation.
Greetings respected ma'am Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.Being multi-dimensional and global in nature, this process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.Globalization, both as an ideology and process, has become the dominant political, economic and cultural force in the 21st century and impacted the role of state in a significant manner. This whole concept of Globalization is that we can easily relate it with the present scenario. This interlinking makes it more interesting. Thank you respected ma'am for your series on Globalization. Your every lecture is insightful and amazing. Best wishes
The lecture is very well explained. Globalisation is a word used to describe growing interdependence of world's economies, cultures and population, due to advances in transportation and communication technology. In 2000, IMF identify four basic aspects of globalisation ,namely, Trade and Transactions, Capital and investment movement, Migration and Dissemination of knowledge amongst people. Causes of globalisation- 1-Improved communication 2-Improved transportation 3-Free trade agreements 4-Global banking 5-Growth of MNCs
It is the space time compression ,shrinkage of space as well as time brought nation culture and economies in mutual respect .The word economy has become increasingly interdependent for a long time .Improved transport and communication are making global travel easier making greater movement of people .The growth of global trading blocks have reduced the national Barrie's .this means the countries are increasingly interconnected . Thank you ma'am for this lecture 😊
Globalisation is the process of integrated social, economic, aspect to world across country. Acedimc literature is commonly divided globalisation into three parts 1) social globalisation 2) cultural globalisation 3) political globalisation. Thank you soo much for this lecture!
Thank you sooo much ma'am for such amazing and informative videos... 1. Globalisation means the flows of ideas, capital, commodities and people across different parts of the world. 2. It is a multidimensional concept. It has political, economic and cultural manifestations and these must be adequately distinguished. 3.As a concept, globalisation fundamentally deals with flows. These flows can be ideas moving from one part of the world to another, commodities being traded across borders and so on. 4. The crucial element is the worldwide inter connectedness which is created and sustained as a consequence of these constant flows.
Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
In simple terms, globalization is the process by which people and goods move easily across borders. Principally, it's an economic concept - the integration of markets, trade and investments with few barriers to slow the flow of products and services between nations.
Globalization is the system of interaction among the countries of the world in order to develop the global economy..it refers to the integration of economies and societies all over the world
Globalisation is the process of integration and interaction between countries supported by trade and cultural exchange aided by ICT revolution. IMF identified four aspect : 1.trade and transaction 2. Capital and investment movement 3. Migration and movement of people 4. Dissemination of knowledge among others *Globalisation has both Direct and indirect impact on production, production location and hence labour and labour migration resulting in bargain power of trade union. It has both environmental and social challenges . Sustainable globalisation is the idea to tackle these issues. Globalisation has existed in past, silk route is the evidence of it. Four dimension : 1. Political 2. Economic 3. Cultural 4. ecological
Globalization is the process by which ideas, knowledge, information, goods and services spread around the world. In business, the term is used in an economic context to describe integrated economies marked by free trade, the free flow of capital among countries and easy access to foreign resources, including labor markets, to maximize returns and benefit for the common good.
Thank you Ma'am for this lecture ..it helped alot in understanding the topic globalization. Globalization is a process of interaction and integration between the people,companies, government of different nations,driven by international trade and investment and aided by information technology. IMF recognised 4 basic aspects of globalization that are - Trade and transaction, capital and investment movements, migration and movement of people, dissemination of knowledge amongst others. And on the idea of its beginning, historians and economists has different views. Globalization has direct and indirect impacts on demography, migration etc.
Globalization, as it is known in some parts of the world, is driven by the convergence of cultural and economic systems. This convergence promotes -- and in some cases necessitates -- increased interaction, integration and interdependence among nations. The more countries and regions of the world become intertwined politically, culturally and economically, the more globalized the world becomes. Thank you ma'am for this informative lecture.
Greetings ma'am. The entire concept of globalisation is directly relatable to the current situation. Globalization is a process of interaction and integration of people, businesses, and governments from other countries, helped by information technology and pushed by international commerce and investment. Because this process is multi-dimensional and global in scope, it has an impact on the environment, culture, political systems, economic development and prosperity, and human physical well-being in societies all over the world. Globalization, as an ideology and a process, has become the dominating political, economic, and cultural force in the twenty-first century, having a considerable impact on the role of the state. Thank you.
Thank you ma'am for the lecture Globalisation the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries. But the term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life.
There are three main classifications of globalisation for the A-level politics student: political, social and economic. Political globalisation Political globalisation refers to the amount of political co-operation that exists between different countries. This ties in with the belief that “umbrella” global organisations are better placed than individual states to prevent conflict. The League of Nations established after WW1 was certainly one of the pioneers in this. Since then, global organisations such as the World Trade Organisation (WTO), United Nations (UN), and more regional organisations such as the EU have helped to increase the degree of political globalisation. Social globalisation Social globalisation refers to the sharing of ideas and information between and through different countries. In today’s world, the Internet and social media is at the heart of this. Good examples of social globalisation could include internationally popular films, books and TV series. The Harry Potter/ Twilight films and books have been successful all over the world, making the characters featured globally recognisable. However, this cultural flow tends to flow from the centre (i.e. from developed countries such as the USA to less developed countries). Social globalisation is often criticised for eroding cultural differences. Economic globalisation Economic globalisation refers to the interconnectedness of economies through trade and the exchange of resources. Effectively, therefore, no national economy really operates in isolation, which means national economies influence each other. This is clearly evidenced by global recession from 2007 onwards. Economic globalisation also means that there is a two-way structure for technologies and resources. For example countries like the USA will sell their technologies to countries, which lack these, and natural resources from developing countries are sold to the developed countries that need them.
Thank you mam for this amazing lecture:) Globalization is about the interconnectedness of people and businesses across the world that eventually leads to global cultural, political and economic integration. It is the ability to move and communicate easily with others all over the world in order to conduct business internationally. It's the process of interaction and integration among people, companies, and governments worldwide. Causes of globalization- *Improved communication *Improved transportation *Free trade agreements *Global banking *Growth of MNCs
Globalization is about the interconnectedness of people and businesses across the world that eventually leads to global cultural, political and economic integration. It is the ability to move and communicate easily with others all over the world in order to conduct business internationally.
Globalization is defined as the process of interaction and integration among the people companies governments of different nations Globalization has both direct as well as indirect impact on population movement of people , spread of diseases etc. Globalization therefore then is not only associated with significant development economic opportunities but also with certain environmental and social challenges.
Thank you so much ma'am for the clear explanation Globalization as a process of increasing interconnectedness among countries through economic, political, cultural, and technological exchanges. It highlights how globalization facilitates trade, investment, and communication while also addressing its challenges, such as inequality, cultural homogenization, and environmental concerns. The lecture explores the historical evolution of globalization, the role of institutions like the WTO and IMF, and its impact on developing nations. It also discusses globalization's influence on cultural identities, governance, and global power dynamics.
Thank u so much mam for this wonderful lecture on globalization, it really help me alot to understand the process of globalization.....Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
Thànks madam ,i see all your video materials ,i am from rural beground,you helped me to get higher education through online teaching ,thanks madam ,thank you so much .🙏🙏🙏😭😭👌
Thank you so much ma'am for this amazing lecture 🙏 Globalisation is the process of interaction and integration among the people , companies and governments of different nations. IMF identified 4 major aspects of globalisation namely :- •Trade and Transactions •Capital and investment moments •Migration and moment of people •Dissemination of knowledge amongst others . Globalisation dimensions: political ,economic, cultural and technology.
Thank you so much, mam Globalization is the process of interaction and integration among the people, companies and governments of different nations. It can be traced back to the era of Christopher Columbus in 1492.
Globalization is the process of integrating social, economic and cultural background across the country. There is three types of globalisation- Social, Economic and political. There are many causes of globalisation that is improved technology, improved communication, improved transport, free trade agreement etc. There are many association who is enhancing globalisation, example- WTO.
Gm ma'am thnq for the lecture. Globalisation leapt forward in the late 19th century when steam power slashed the costs of moving goods internationally. This 'old globalisation' came in two waves. Globalisation 1.0 started in 1820 and ended at the start of WWI, and Globalisation 2.0 began after WWII and ended around 1990.Economic globalization. Here, the focus is on the integration of international financial markets and the coordination of financial exchange. ... Political globalization. ... Cultural globalization.
Thank you so much ma'am for such an amazing lecture. It really helps me to understand globalisation. It is a word used to describe growing interdependence of world's economies, cultures and population, due to advances in transportation and communication technology. In 2000, IMF identify four basic aspects of globalisation ,namely, Trade and Transactions, Capital and investment movement, Migration and Dissemination of knowledge amongst people. Causes of globalisation- 1-Improved communication 2-Improved transportation 3-Free trade agreements 4-Global banking 5-Growth of MNCs Thank you!!
◾Globalization is the :- spread of products, investment, and technology across national borders and cultures. Very useful for our syllabus.. thanks ma'am for the brilliant lecture 👏👏😊😊
Thank you ma'am for a great lecture...... Globalization is the process of interaction and integration among people, companies, and governments worldwide.
Thank you ma'am for such a amazing lecture. Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services.
It involves technological, economic , political, and cultural exchanges made possible largely by advances in communication, transportation and infrastructure.
Thanku so much maam for such wonderful vdeo lectures. Its totally clear that Globalization is the spread of products, investment, and technology-across national borders and cultures. Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over. Waiting for some lectures maam.
Thanku ma'am for explaining in simple way.. As, Globalisation is a process of interaction or integration among people, companies and Government of a nation in order to develop the global economy.. It involves technological, economic,political and cultural exchanges made possible largely by advances in communication, transportation and infrastructure.
economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries. But the term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life. This guide uses the term more narrowly to refer to international trade and some of the investment flows among advanced economies, mostly focusing on the United States. The wide-ranging effects of globalization are complex and politically charged. As with major technological advances, globalization benefits society as a whole, while harming certain groups. Understanding the relative costs and benefits can pave the way for alleviating problems while sustaining the wider payoffs.
Thank you so much mam for this lecture 🙏 Globalisation is the spread of products, investment and technology. across national bordess and culture. There are different types of globalisation like economy, political, culture and social. Globalisation a smaller world. People are closer together.
"The world is flat" - preety much explains the idea behind Globalization that the whole world has shrunked and only territorial and demographic boundaries separates nations not economies. Today, Globalization is the need of every nation to sustain its core values and maintain economy. Globalization reflects the very idea of human civilization that man is a social animal and therefore requires collaboration and communities. Globalization need to encompass broader ideas under the umbrella and also advocate for issues the world is grappling with like poverty, education, health and human rights. Dr. Amna has done justice to this topic and touched every aspects of Globalization.
As a result, there are a number of positives associated with globalization: it creates greater opportunities for firms in less industrialized countries to tap into more and larger markets around the world. this can lead to more access to capital flows, technology, human capital, cheaper imports and larger export .
Thank You so much Amna Ma'am for this lecture and clear explanation of various aspects of Globalisation. Globalisation is defined as the process of interaction and integration among people, companies, and governments across nations, globalization is driven by international trade, investment, and information technology. The International Monetary Fund identified four basic aspects of globalization in 2000: trade and transactions, capital and investment movements, migration and movement of people, and dissemination of knowledge.The discussion highlights demographic trends, including the movement of people and wealth inequality, and how globalization has impacted labor markets and wage-setting. The integration of emerging market economies into global production has led to significant changes in labor mobility and the bargaining power of workers and trade unions.Migration is identified as a crucial aspect of globalization.The concept of sustainable globalization, emphasize the need for a balance between economic development and ecological sustainability. The UN Sustainable Development Goals are a framework for implementing sustainability principles across various dimensions of community life.
Globalization can be basically termed as the interaction and integration among the people government and companies among nations. It includes a process international trade investment and information technology, migration and movement of people, production and distribution, etc.
Though many scholars place the origins of globalization in modern times, others trace its history to long before the European Age of Discovery and voyages to the New World, and some even to the third millennium BC.[6] The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialization), developed its current meaning some time in the second half of the 20th century, and came into popular use in the 1990s.[7] Large-scale globalization began in the 1820s, and in the late 19th century and early 20th century drove a rapid expansion in the connectivity of the world's economies and cultures.[8] In 2000, the International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people, and the dissemination of knowledge.[9] Environmental challenges such as global warming, cross-boundary water and air pollution, and over-fishing have been linked to globalization.[10] Globalizing processes affect and are affected by business and work organization, economics, sociocultural resources, and the natural environment. Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization.[11]
Thanku so much maam for such amazing vdeo lectures.The process by which businesses or other organizations develop international influence or start operating on an international scale. "fears about the increasing globalization of the world economy"
Thank you so much Ma'am for the amazing lecture ..This vedio helps me to understand the concept of globalisation ... It is the process of interaction and integration among people, companies, and governments . There are different types of globalisation.. like economic, political, cultural,and social.
Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization.
Globalization represents an unavoidable phenomenon in the history of mankind, which is making the world smaller and smaller by increasing the exchange of goods, services, information, knowledge and cultures between different countries. ... It is important for us to benefit from globalization.
Globalisation is a process by which economies and cultures have been drawn deeper together and have become more inter-connected through global networks of trade, capital flows, and the rapid spread of technology and global media. The share of global GDP accounted for by exports of goods and services has risen from 12% in 1960 to almost 30% now.
Thank you so much for this didactic lecture ❤️ Globalization is the process of interaction and integration among the people, companies, government of different nations, a process driven by international trade and investment and added by information technology. ◾ In 2000 IMF identify 4 basic aspects of globalisation: 🔸Trade and transaction 🔸 Capital and investment movement 🔸 Migration and movement of people 🔸 Dissemination of knowledge among other's Being multi - dimensional and globe in nature this process has effect on an environment, in culture, on political system, on economic development, and prosperity on human physical well being in societies around the world. ◾Causes of globalisation: 🔸 Improved communication 🔸 Improved transportation 🔸 Global banking 🔸Growth of MNCs etc.
Thank you so much ma'am for this lecture... Globalisation is defined as the prices of interaction and integration among the people, companies or govt. of different nations. IT is a process driven by international trade and investment aided by information technology.. According to IMF, four basic aspects of globalisation namely •trade and transaction •capital and investment movement •migration and movement of people •dissimination of knowledge, among other... We cannot have globalisation without human movement/migration Dimensions of globalisation... •political •economic •cultural •technology
Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
Globalization can be defined as ” the increased interconnectedness and interdependence of peoples and countries. It is generally understood to include two inter-related elements: the opening of international borders to increasingly fast flows of goods, services, finance, people and ideas; and the changes in institutions and policies at national and international levels that facilitate or promote such flows.”
The term globalisation is derived from the world globalize, which refers to the emergence of international network of economic system. The international monetary funds (IMF) definition of globalisation is the growing economic interdependence of country world wide through increasing volume and variety of goss border transactions in goods and services freer international capital flows and more rapid and widespread diffusion of technology. Thanku ma'am for this wonderful lecture it's really helped me.... 😊
Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas and culture. Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects. However, disputes and diplomacy are also large parts of the history of globalization, and of modern globalization. Economically, globalization involves goods, services, data, technology, and the economic resources of capital.[1] The expansion of global markets liberalizes the economic activities of the exchange of goods and funds. Removal of cross-border trade barriers has made the formation of global markets more feasible.[2] Advances in transportation, like the steam locomotive, steamship, jet engine, and container ships, and developments in telecommunication infrastructure, like the telegraph, Internet, and mobile phones, have been major factors in globalization and have generated further interdependence of economic and cultural activities around the globe.[3][4][5]
In geography, globalization is defined as the set of processes (economic, social, cultural, technological, institutional) that contribute to the relationship between societies and individuals around the world. It is a progressive process by which exchanges and flows between different parts of the world are intensified.
globalization involves goods, services, data, technology, and the economic resources of capital.[1] The expansion of global markets liberalizes the economic activities of the exchange of goods and funds. Removal of cross-border trade barriers has made the formation of global markets more feasible.[
Globalization no longer necessarily requires a business to own or have a physical presence in terms of either owning production plants or land in other countries, or even exports and imports. Many businesses use licensing and franchising to help expand their overseas operations.
🔷️ Globalization is the word used to describe the growing interdependence of the world's economies, cultures , and populations, brought about by cross-border trade In goods and services, technology and flows of investment, people and information. 🔶️ It refers to the increasing integration of economies around the world , particularly through movement of goods, services and capital across borders. 🔷️ It has economic, political and socio- cultural impacts . Thank you such helpful lecture ma'am.
Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
Globalization is the process of interaction and integration among the people, companies, and governments round the globe. It is a process driven by international trade and investment aided by information technology. IMF recognised 4 basic aspects of globalization they are :- 🔻Trade and transaction 🔻Capital and investment movements 🔻Migration and movement of people 🔻Dissemination of knowledge
☑️ *GLOBALISATION is the process of interaction and integration among people, companies, and governments worldwide.* Globalization has accelerated since the 18th century due to advances in transportation and communication technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas, beliefs, and culture. Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects. However, disputes and diplomacy are also large parts of the history of globalization, and of modern globalization. *THANKYOU MA’AM :) *
Globalization - A smaller world. People are closer together. A world closer in time and space. A world without borders. Goods , services and ideas move faster or instantly.
🌈Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries. But the term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life. 🌈This guide uses the term more narrowly to refer to international trade and some of the investment flows among advanced economies, mostly focusing on the United States
Globalization represents an unavoidable phenomenon in the history of mankind, which is making the world smaller and smaller by increasing the exchange of goods, services, information, knowledge and cultures between different countries. ... It is important for us to benefit from globalization.
Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization.
Globalization has been a powerful force in shaping modern human history.
The world economy has become increasingly connected and interdependent over recent decades, and conventional wisdom suggests that this will only continue in the years ahead.
But while it’s tempting to extrapolate the past effects of globalization into the future, such a leap may also be a mistake. That’s because there is growing evidence that globalization itself is quietly transforming - and how it ultimately evolves may be markedly different from what most business leaders might expect.
*How globalization is changing.
1) A smaller share of goods is traded across borders.
2) Services trade is growing 60% faster than goods trade.
3) Labour-cost arbitrage has become less important.
4) R&D and innovation are becoming increasingly important.
5) Trade is becoming concentrated within regions.
Globalisation is the process by which the world is becoming increasingly inter-connected as a result of massively increased trade and cultural exchange
Globalisation has increased the production of goods and services. The biggest companies are no longer national ferms but multinational corporations. Globalisation has been taking place for hundreds of years,but has speeded up enormously over the last half century.
Globalisation has resulted in: Increased International Trade
2: A company operating in more than one country
3: Greater dependence on the global economy
4: Freer movement of capital,goods and services
5: The recognition of companies such as Mc Donald and Starbucks in LEDCs
Although globalisation is probably helping create more wealth in developing countries,it is not helping to close the gap between the world's poorest countries and the world's richest.
Thank uh ma'am for explaining the topic so well.
Globalization into three major areas: economic , cultural , and political globalization.
Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
The most important course of globalization differ among the three major components of international market integration: trade, multinational production, and international finance.
Globalisation have three tires first is economic , second is political and third is culture. Globalisation is an idea of connect to state and the market and globalisation has a new form in present time.
Thank you mam for such informative lecture.
Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services. The biggest companies are no longer national firms but multinational corporations with subsidiaries in many countries.
Globalisation has been taking place for hundreds of years, but has sped up enormously over the last half-century.
Globalisation has resulted in:-
increased international trade
a company operating in more than one country
greater dependence on the global economy
freer movement of capital, goods, and services
recognition of companies such as McDonalds and Starbucks in LEDCs.
Thank you mam for this informative lecture..
Globalisation is the process of integrating social, economic, and cultural backgrounds across the country, the interaction between people, government and companies of different nations. It have three major areas : economic, cultural and political globalisation.
Greetings respected ma'am
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.Being multi-dimensional and global in nature, this process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.Globalization, both as an ideology and process, has become the dominant political, economic and cultural force in the 21st century and impacted the role of state in a significant manner.
This whole concept of Globalization is that we can easily relate it with the present scenario. This interlinking makes it more interesting.
Thank you respected ma'am for your series on Globalization. Your every lecture is insightful and amazing.
Best wishes
The lecture is very well explained.
Globalisation is a word used to describe growing interdependence of world's economies, cultures and population, due to advances in transportation and communication technology.
In 2000, IMF identify four basic aspects of globalisation ,namely, Trade and Transactions, Capital and investment movement, Migration and Dissemination of knowledge amongst people.
Causes of globalisation-
1-Improved communication
2-Improved transportation
3-Free trade agreements
4-Global banking
5-Growth of MNCs
It is the space time compression ,shrinkage of space as well as time brought nation culture and economies in mutual respect .The word economy has become increasingly interdependent for a long time .Improved transport and communication are making global travel easier making greater movement of people .The growth of global trading blocks have reduced the national Barrie's .this means the countries are increasingly interconnected . Thank you ma'am for this lecture 😊
Globalisation is the process of integrated social, economic, aspect to world across country.
Acedimc literature is commonly divided globalisation into three parts
1) social globalisation
2) cultural globalisation
3) political globalisation.
Thank you soo much for this lecture!
Thank you sooo much ma'am for such amazing and informative videos...
1. Globalisation means the flows of ideas, capital, commodities and people across different parts of the world.
2. It is a multidimensional concept. It has political, economic and cultural manifestations and these must be adequately distinguished.
3.As a concept, globalisation fundamentally deals with flows. These flows can be ideas moving from one part of the world to another, commodities being traded across borders and so on.
4. The crucial element is the worldwide inter connectedness which is created and sustained as a consequence of these constant flows.
Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
In simple terms, globalization is the process by which people and goods move easily across borders. Principally, it's an economic concept - the integration of markets, trade and investments with few barriers to slow the flow of products and services between nations.
Globalization is the system of interaction among the countries of the world in order to develop the global economy..it refers to the integration of economies and societies all over the world
Globalisation is the process of integration and interaction between countries supported by trade and cultural exchange aided by ICT revolution.
IMF identified four aspect :
1.trade and transaction
2. Capital and investment movement
3. Migration and movement of people
4. Dissemination of knowledge among others
*Globalisation has both Direct and indirect impact on production, production location and hence labour and labour migration resulting in bargain power of trade union.
It has both environmental and social challenges . Sustainable globalisation is the idea to tackle these issues.
Globalisation has existed in past, silk route is the evidence of it.
Four dimension :
1. Political
2. Economic
3. Cultural
4. ecological
Globalization is the process by which ideas, knowledge, information, goods and services spread around the world. In business, the term is used in an economic context to describe integrated economies marked by free trade, the free flow of capital among countries and easy access to foreign resources, including labor markets, to maximize returns and benefit for the common good.
Thank you Ma'am for this lecture ..it helped alot in understanding the topic globalization.
Globalization is a process of interaction and integration between the people,companies, government of different nations,driven by international trade and investment and aided by information technology. IMF recognised 4 basic aspects of globalization that are - Trade and transaction, capital and investment movements, migration and movement of people, dissemination of knowledge amongst others. And on the idea of its beginning, historians and economists has different views. Globalization has direct and indirect impacts on demography, migration etc.
Globalization, as it is known in some parts of the world, is driven by the convergence of cultural and economic systems. This convergence promotes -- and in some cases necessitates -- increased interaction, integration and interdependence among nations. The more countries and regions of the world become intertwined politically, culturally and economically, the more globalized the world becomes.
Thank you ma'am for this informative lecture.
Greetings ma'am. The entire concept of globalisation is directly relatable to the current situation. Globalization is a process of interaction and integration of people, businesses, and governments from other countries, helped by information technology and pushed by international commerce and investment. Because this process is multi-dimensional and global in scope, it has an impact on the environment, culture, political systems, economic development and prosperity, and human physical well-being in societies all over the world. Globalization, as an ideology and a process, has become the dominating political, economic, and cultural force in the twenty-first century, having a considerable impact on the role of the state. Thank you.
Thank you ma'am for the lecture Globalisation the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries. But the term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life.
There are three main classifications of globalisation for the A-level politics student: political, social and economic.
Political globalisation
Political globalisation refers to the amount of political co-operation that exists between different countries.
This ties in with the belief that “umbrella” global organisations are better placed than individual states to prevent conflict. The League of Nations established after WW1 was certainly one of the pioneers in this. Since then, global organisations such as the World Trade Organisation (WTO), United Nations (UN), and more regional organisations such as the EU have helped to increase the degree of political globalisation.
Social globalisation
Social globalisation refers to the sharing of ideas and information between and through different countries.
In today’s world, the Internet and social media is at the heart of this. Good examples of social globalisation could include internationally popular films, books and TV series. The Harry Potter/ Twilight films and books have been successful all over the world, making the characters featured globally recognisable. However, this cultural flow tends to flow from the centre (i.e. from developed countries such as the USA to less developed countries). Social globalisation is often criticised for eroding cultural differences.
Economic globalisation
Economic globalisation refers to the interconnectedness of economies through trade and the exchange of resources.
Effectively, therefore, no national economy really operates in isolation, which means national economies influence each other. This is clearly evidenced by global recession from 2007 onwards. Economic globalisation also means that there is a two-way structure for technologies and resources. For example countries like the USA will sell their technologies to countries, which lack these, and natural resources from developing countries are sold to the developed countries that need them.
Thank you mam for this amazing lecture:)
Globalization is about the interconnectedness of people and businesses across the world that eventually leads to global cultural, political and economic integration. It is the ability to move and communicate easily with others all over the world in order to conduct business internationally. It's the process of interaction and integration among people, companies, and governments worldwide.
Causes of globalization-
*Improved communication
*Improved transportation
*Free trade agreements
*Global banking
*Growth of MNCs
Globalization is about the interconnectedness of people and businesses across the world that eventually leads to global cultural, political and economic integration. It is the ability to move and communicate easily with others all over the world in order to conduct business internationally.
Globalization is defined as the process of interaction and integration among the people companies governments of different nations
Globalization has both direct as well as indirect impact on population movement of people , spread of diseases etc.
Globalization therefore then is not only associated with significant development economic opportunities but also with certain environmental and social challenges.
Thank you so much ma'am for the clear explanation
Globalization as a process of increasing interconnectedness among countries through economic, political, cultural, and technological exchanges. It highlights how globalization facilitates trade, investment, and communication while also addressing its challenges, such as inequality, cultural homogenization, and environmental concerns. The lecture explores the historical evolution of globalization, the role of institutions like the WTO and IMF, and its impact on developing nations. It also discusses globalization's influence on cultural identities, governance, and global power dynamics.
Thank u so much mam for this wonderful lecture on globalization, it really help me alot to understand the process of globalization.....Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
Thànks madam ,i see all your video materials ,i am from rural beground,you helped me to get higher education through online teaching ,thanks madam ,thank you so much .🙏🙏🙏😭😭👌
Thank you so much ma'am for this amazing lecture 🙏
Globalisation is the process of interaction and integration among the people , companies and governments of different nations.
IMF identified 4 major aspects of globalisation namely :-
•Trade and Transactions
•Capital and investment moments •Migration and moment of people •Dissemination of knowledge amongst others .
Globalisation dimensions:
political ,economic, cultural and technology.
Thank you so much, mam
Globalization is the process of interaction and integration among the people, companies and governments of different nations.
It can be traced back to the era of Christopher Columbus in 1492.
Globalization is the process of integrating social, economic and cultural background across the country. There is three types of globalisation- Social, Economic and political. There are many causes of globalisation that is improved technology, improved communication, improved transport, free trade agreement etc. There are many association who is enhancing globalisation, example- WTO.
Gm ma'am thnq for the lecture. Globalisation leapt forward in the late 19th century when steam power slashed the costs of moving goods internationally. This 'old globalisation' came in two waves. Globalisation 1.0 started in 1820 and ended at the start of WWI, and Globalisation 2.0 began after WWII and ended around 1990.Economic globalization. Here, the focus is on the integration of international financial markets and the coordination of financial exchange. ... Political globalization. ... Cultural globalization.
Thank you so much ma'am for such an amazing lecture. It really helps me to understand globalisation. It is a word used to describe growing interdependence of world's economies, cultures and population, due to advances in transportation and communication technology.
In 2000, IMF identify four basic aspects of globalisation ,namely, Trade and Transactions, Capital and investment movement, Migration and Dissemination of knowledge amongst people.
Causes of globalisation-
1-Improved communication
2-Improved transportation
3-Free trade agreements
4-Global banking
5-Growth of MNCs
Thank you!!
◾Globalization is the :-
spread of products, investment, and technology
across national borders and cultures.
Very useful for our syllabus.. thanks ma'am for the brilliant lecture 👏👏😊😊
Thank you ma'am for a great lecture......
Globalization is the process of interaction and integration among people, companies, and governments worldwide.
Thank you ma'am for such a amazing lecture.
Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services.
It involves technological, economic , political, and cultural exchanges made possible largely by advances in communication, transportation and infrastructure.
Thanku so much maam for such wonderful vdeo lectures. Its totally clear that Globalization is the spread of products,
investment, and
technology-across national borders and cultures. Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over. Waiting for some lectures maam.
Thanku ma'am for explaining in simple way.. As, Globalisation is a process of interaction or integration among people, companies and Government of a nation in order to develop the global economy.. It involves technological, economic,political and cultural exchanges made possible largely by advances in communication, transportation and infrastructure.
economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries. But the term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life. This guide uses the term more narrowly to refer to international trade and some of the investment flows among advanced economies, mostly focusing on the United States.
The wide-ranging effects of globalization are complex and politically charged. As with major technological advances, globalization benefits society as a whole, while harming certain groups. Understanding the relative costs and benefits can pave the way for alleviating problems while sustaining the wider payoffs.
Thank you so much mam for this lecture 🙏
Globalisation is the spread of products, investment and technology. across national bordess and culture.
There are different types of globalisation like economy, political, culture and social. Globalisation a smaller world. People are closer together.
"The world is flat" - preety much explains the idea behind Globalization that the whole world has shrunked and only territorial and demographic boundaries separates nations not economies. Today, Globalization is the need of every nation to sustain its core values and maintain economy. Globalization reflects the very idea of human civilization that man is a social animal and therefore requires collaboration and communities. Globalization need to encompass broader ideas under the umbrella and also advocate for issues the world is grappling with like poverty, education, health and human rights.
Dr. Amna has done justice to this topic and touched every aspects of Globalization.
As a result, there are a number of positives associated with globalization: it creates greater opportunities for firms in less industrialized countries to tap into more and larger markets around the world. this can lead to more access to capital flows, technology, human capital, cheaper imports and larger export .
Thank You so much Amna Ma'am for this lecture and clear explanation of various aspects of Globalisation.
Globalisation is defined as the process of interaction and integration among people, companies, and governments across nations, globalization is driven by international trade, investment, and information technology. The International Monetary Fund identified four basic aspects of globalization in 2000: trade and transactions, capital and investment movements, migration and movement of people, and dissemination of knowledge.The discussion highlights demographic trends, including the movement of people and wealth inequality, and how globalization has impacted labor markets and wage-setting. The integration of emerging market economies into global production has led to significant changes in labor mobility and the bargaining power of workers and trade unions.Migration is identified as a crucial aspect of globalization.The concept of sustainable globalization, emphasize the need for a balance between economic development and ecological sustainability. The UN Sustainable Development Goals are a framework for implementing sustainability principles across various dimensions of community life.
Globalization can be basically termed as the interaction and integration among the people government and companies among nations. It includes a process international trade investment and information technology, migration and movement of people, production and distribution, etc.
Though many scholars place the origins of globalization in modern times, others trace its history to long before the European Age of Discovery and voyages to the New World, and some even to the third millennium BC.[6] The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialization), developed its current meaning some time in the second half of the 20th century, and came into popular use in the 1990s.[7] Large-scale globalization began in the 1820s, and in the late 19th century and early 20th century drove a rapid expansion in the connectivity of the world's economies and cultures.[8]
In 2000, the International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people, and the dissemination of knowledge.[9] Environmental challenges such as global warming, cross-boundary water and air pollution, and over-fishing have been linked to globalization.[10] Globalizing processes affect and are affected by business and work organization, economics, sociocultural resources, and the natural environment. Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization.[11]
Thanku so much maam for such amazing vdeo lectures.The process by which businesses or other organizations develop international influence or start operating on an international scale.
"fears about the increasing globalization of the world economy"
Thank you so much Ma'am for the amazing lecture ..This vedio helps me to understand the concept of globalisation ... It is the process of interaction and integration among people, companies, and governments . There are different types of globalisation.. like economic, political, cultural,and social.
Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization.
Globalization represents an unavoidable phenomenon in the history of mankind, which is making the world smaller and smaller by increasing the exchange of goods, services, information, knowledge and cultures between different countries. ... It is important for us to benefit from globalization.
Globalisation is a process by which economies and cultures have been drawn deeper together and have become more inter-connected through global networks of trade, capital flows, and the rapid spread of technology and global media. The share of global GDP accounted for by exports of goods and services has risen from 12% in 1960 to almost 30% now.
Thank you so much for this didactic lecture ❤️
Globalization is the process of interaction and integration among the people, companies, government of different nations, a process driven by international trade and investment and added by information technology.
◾ In 2000 IMF identify 4 basic aspects of globalisation:
🔸Trade and transaction
🔸 Capital and investment movement
🔸 Migration and movement of people
🔸 Dissemination of knowledge among other's
Being multi - dimensional and globe in nature this process has effect on an environment, in culture, on political system, on economic development, and prosperity on human physical well being in societies around the world.
◾Causes of globalisation:
🔸 Improved communication
🔸 Improved transportation
🔸 Global banking
🔸Growth of MNCs etc.
Thank you so much ma'am for this lecture...
Globalisation is defined as the prices of interaction and integration among the people, companies or govt. of different nations. IT is a process driven by international trade and investment aided by information technology..
According to IMF, four basic aspects of globalisation namely
•trade and transaction
•capital and investment movement
•migration and movement of people
•dissimination of knowledge, among other...
We cannot have globalisation without human movement/migration
Dimensions of globalisation...
•political
•economic
•cultural
•technology
Mam your teaching very nice, highly informative
Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
Globalization can be defined as ” the increased interconnectedness and interdependence of peoples and countries. It is generally understood to include two inter-related elements: the opening of international borders to increasingly fast flows of goods, services, finance, people and ideas; and the changes in institutions and policies at national and international levels that facilitate or promote such flows.”
The term globalisation is derived from the world globalize, which refers to the emergence of international network of economic system.
The international monetary funds (IMF) definition of globalisation is the growing economic interdependence of country world wide through increasing volume and variety of goss border transactions in goods and services freer international capital flows and more rapid and widespread diffusion of technology.
Thanku ma'am for this wonderful lecture it's really helped me.... 😊
Globalization, is the process of interaction and integration among people, companies, and governments worldwide.
Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas and culture. Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects. However, disputes and diplomacy are also large parts of the history of globalization, and of modern globalization.
Economically, globalization involves goods, services, data, technology, and the economic resources of capital.[1] The expansion of global markets liberalizes the economic activities of the exchange of goods and funds. Removal of cross-border trade barriers has made the formation of global markets more feasible.[2] Advances in transportation, like the steam locomotive, steamship, jet engine, and container ships, and developments in telecommunication infrastructure, like the telegraph, Internet, and mobile phones, have been major factors in globalization and have generated further interdependence of economic and cultural activities around the globe.[3][4][5]
In geography, globalization is defined as the set of processes (economic, social, cultural, technological, institutional) that contribute to the relationship between societies and individuals around the world. It is a progressive process by which exchanges and flows between different parts of the world are intensified.
globalization involves goods, services, data, technology, and the economic resources of capital.[1] The expansion of global markets liberalizes the economic activities of the exchange of goods and funds. Removal of cross-border trade barriers has made the formation of global markets more feasible.[
Thank you mam for this wonderful lecture 🙏✨
Globalization no longer necessarily requires a business to own or have a physical presence in terms of either owning production plants or land in other countries, or even exports and imports. Many businesses use licensing and franchising to help expand their overseas operations.
Very nice mam👌🏻
🔷️ Globalization is the word used to describe the growing interdependence of the world's economies, cultures , and populations, brought about by cross-border trade In goods and services, technology and flows of investment, people and information.
🔶️ It refers to the increasing integration of economies around the world , particularly through movement of goods, services and capital across borders.
🔷️ It has economic, political and socio- cultural impacts .
Thank you such helpful lecture ma'am.
Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
Ma'am,😊 your way of teaching is excellent 👌
Globalisation are divided into three categories:- economic, political and cultural
Thank you Mam
Please make a video on doplomatic theory and practice
Thank you so much ma'am 🙏 for this lecture video ☺️
Globalization is the process of interaction and integration among the people, companies, and governments round the globe.
It is a process driven by international trade and investment aided by information technology.
IMF recognised 4 basic aspects of globalization they are :-
🔻Trade and transaction
🔻Capital and investment movements
🔻Migration and movement of people
🔻Dissemination of knowledge
Thnku ma'am for the amazing lecture...
Thanku so much ma'am 🙏🙏very informative lecture 👌👌
Thank you ma'am☺️
☑️ *GLOBALISATION is the process of interaction and integration among people, companies, and governments worldwide.*
Globalization has accelerated since the 18th century due to advances in transportation and communication technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas, beliefs, and culture. Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects. However, disputes and diplomacy are also large parts of the history of globalization, and of modern globalization.
*THANKYOU MA’AM :) *
Thanks a lot mam 💐💐💐
Globalization - A smaller world. People are closer together. A world closer in time and space. A world without borders. Goods , services and ideas move faster or instantly.
Thank you so much mam
Give me important information
🌈Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries. But the term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life.
🌈This guide uses the term more narrowly to refer to international trade and some of the investment flows among advanced economies, mostly focusing on the United States
Nice 👍
Thank you miss
Thanks mam
👍🏻👌🏻
thanku mam!!!
Thank you mam
Ma'am Understanding globalization ka notes ya book kaha se milega ?
Can I refer your viedo for psc GE for syllabus
From - lady shri ram college (Delhi University)
Environment concerns in globalising world. Mam a classes
Typical DUiite .....a lot of references , just as they recommend a score of books for a single paper ..... however it's helpful 🙏
Globalization represents an unavoidable phenomenon in the history of mankind, which is making the world smaller and smaller by increasing the exchange of goods, services, information, knowledge and cultures between different countries. ... It is important for us to benefit from globalization.
Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization.