Notes 1.13.11

Notes 1.13.11 - Geog 120 Notes 1.13.11 I. Globalization a....

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Geog 120 Notes 1.13.11 I. Globalization a. Definition : The increasing interconnectedness of people and places through converging processes of economic, political, and cultural change. b. Examples in the past: i. 17 th C Dutch East India Company (globalization is not so new). ii. 19 th C Age of Liberalization (Industrial Revolution). c. Components of a global system i. Communication systems that can link one region to another. ii. Transportation systems that accommodate mass movement of people and products. iii. Trans-national corporations (often wealthier than countries) iv. International financial system v. Global Trade agreements d. The case for globalization i. Increase in growth of commerce benefits everyone eventually. ii. Encourages the sharing of ideas and technology. iii. Countries working together foster global cooperation. iv. Allows countries to specialize in certain areas (rubber, bananas, etc.) e. Case against globalization i. Exploits poor countries. ii.
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Notes 1.13.11 - Geog 120 Notes 1.13.11 I. Globalization a....

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