Globalizatîon
Globalization, Internationalization, Transnationalization
Globalization, Internationalization, Transnationalization
Kartei Details
| Karten | 28 |
|---|---|
| Sprache | English |
| Kategorie | BWL |
| Stufe | Universität |
| Erstellt / Aktualisiert | 25.09.2017 / 25.09.2017 |
| Lizenzierung | Keine Angabe |
| Weblink |
https://card2brain.ch/box/20170925_globalizaton
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| Einbinden |
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What are the 3 eras of globalization?
1st Era -> Colonization (main agent state/country)
2nd Era --> ressources/labor (main agent companies
3rd Era --> own content (main agent individuals)
what does hybridization mean?
mixing local culture with global objects
what are the dimensions of globalization?
Historical
economic
political
cultural
ideologica
what are the 2 main drivers of globalization historically?
1. Declining trade and investment barriers --> free flow of goods/sercvices/capital
2.Technological innovations --> communication/information processing/ transportation technologies
what are the 3 main drivers of globalization techonoligally?
1. increased speed (distance irrelevant)
2. International standardization (compatible, same software)
3. Mass distribution through user-friendliness and affordability.
what are the 5 main drivers for globalization economically?
1. global capital movement
2. global trade
3. globalization of production
4. transnational corporations
5. international economic institutions.
what does free international trade allow countries to do?
specialize --> do what they do best and import the rest (columbia grows bananas instead of apples)
when and why did the first wave of globalization end?
beginning of the First World War --> liberalism declined and nationalism rose.
