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Revision Game on Globalization
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Suggest three characteristics of globalization.
Time–space compression, Formation of global interconnecting networks, Global economic integration, Mutual influence of cultures...etc
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Intense connection worldwide makes the world look like a ‘_____________________’
Global village
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What are the characteristics of economic globalisation?
Integration of financial, labour, commodity, raw materials and emergence of international organization
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Explain global economic integration
market economy and free trade > international trade keeps increasing
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What is TNC?
Transnational corporations
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How do transnational corporations promote Economic Globalization?
Raising fund and investment/sourcing and production/ brand establishment and sales
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Explain disneyization.
Theming, Hybrid consumption, merchandising, performance labour
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Give two examples of mutual influence of cultures
Universal values, Global citizenship
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What are the factors promoting the rapid development of globalization?
Transport technology, information and communication technology
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Suggest a way to tackle global issues at the local level
e.g. fund-raising, organizing talks
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Give 2 examples of anti-globalisation movements.
Boycotting the brand, protest and demonstration
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What are the factors affecting people's ability to use technology?
Uneven chances to approach and use technology and education level.
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Cultural globalization is...
the process in which different cultures in the world interact and affect one another
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What are the personal factors affecting the ability in using technology?
Education level, income, age, entrepreneurship, gender, race...
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What is globalization?
Globalization means gradually vanishing geographical restrictions and strengthened connection among people all over the world
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What is time-space compression?
Time and spatial restrictions during cross- regional communication fade away and nearly disappear
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Give two examples to illustrate the spread of western culture.
Hollywood movies, western festivals, western language
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Name 5 TNCs in 10 seconds.
e.g. amazon, KFC, McDonald, Nike, Adidas
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How can transnational corporations improve the quality of life of people in developing countries?
Mass production need labours (outsourcing --> more job opportunities --> profits)
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What are the factors leading to anti-globalisation?
e.g. Global disparity due to capitalism and free trade, & uneven distribution of political power
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Give Two examples to illustrate sharing economy
e.g. airbnb, Uber, ofo bike...etc
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Name the elements of Mcdonaldization.
Efficiency, calculability, Predictability, Control
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What is go public?
Issue shares and bonds in financial market
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