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Mind Map: Globalization, Definition:, The increasing interconnectedness of…
Mind Map: Globalization
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The 3 aspects:
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Cultural
One Particular culture, especially pop culture usually (figuratively) liquidate the original culture of the area.
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Economic
The major catalyst for globalisation, and also the area most affected by it.
Involves the international division of labour in aspects such as Land, Labour, and Capital.
Examples of companies that take advantage of globalisation and shrinking time-space constraints to take companies international using cheap labour from areas like Africa & Indonesia while using cheap tech and factories from China and others.
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The increasing interconnectedness of humanity caused by the diminishing time-space constraints between countries; causing the subsequent internationalisation of national brands (Like Samsung and MI), issues (Whatever the US army is doing), cultures (Anime, Democracy)