A8. Globalization-Global and Local Economy

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 Activity 6

Study the 7 events in the table and decide which of the following aspects of globalization, the event illustrates: economic, informational, cultural, or political.

 

Events

Aspect of globalization

1 

Disneyland, the American theme park, has been set up in Hong Kong, Japan, and France. 


economic

2 

The parts of a car come from all over the world: Germany, Japan, Korea etc. and the car is assembled in the U.S. 

economic

3 

Businesses are operated with many satellite locations or call centers in other parts of the world to answer questions in another: for example, someone in India answering a call from the U.S. about a product or service. 

informational 

4 

The creation of regional forums such as the European Union, Asia-Pacific Economic Co-operation (APEC), and international organizations such as the World Trade Organization and the World Health Organization. 

These international forums and organizations have new rules and agreements for participating countries to follow.  

political

5 

The spread of language, products, and customs as people are closely connected.  

cultural

6 

Franchises for McDonald's hamburgers, Pizza Hut, Burger King, KFC, and others carrying U.S. trade names are operating throughout the world. 

economic

7 

Cable News Network (CNN), based in the United States, produces 

24-hour news broadcasts that can be seen by people around the world. 

informational 


Mayra Dallana Hernández Corona

Comments

  1. David ExigaDecember 23, 2021 at 2:56 PM

    In the point 6, why do you think its an economic aspect of globalization?

    ReplyDelete
    Replies
    1. Mayra HernándezDecember 23, 2021 at 3:02 PM

      Because they are foreign companies that are entering new markets, increasing their sales opportunities and the economy of their countries of origin.

      Delete
  2. Ekateryna CalderónDecember 23, 2021 at 3:01 PM

    I agree with all of your answers except no. 3 where I put 'economic' instead but I see how both of these terms apply

    ReplyDelete
    Replies
    1. Mayra HernándezDecember 23, 2021 at 3:09 PM

      It could be economical because it is about business but I think in this case the most important thing is that you can always get information no matter where you are from.

      Delete
  3. Cinthia Segura PérezDecember 23, 2021 at 3:42 PM

    I agree with all your answers, but in number 5 I did not know whether to put economic or informational, why did you put economic?

    ReplyDelete
    Replies
    1. Mayra HernándezDecember 23, 2021 at 4:00 PM

      I think it's cultural because it speaks to the fact that people have been able to establish connections regardless of the fact that they are from different countries.

      Delete
  4. Judith G. CardonaDecember 23, 2021 at 3:45 PM

    In number 7, I see why informational would make sense as well, but do you think it might also be a cultural deal? kind of how western media is taking over.

    ReplyDelete
    Replies
    1. Mayra HernándezDecember 23, 2021 at 3:57 PM

      Yes it could be, but I think that in this case the most important thing is that you are informed about news from all over the world at any time.

      Delete
  5. My Business Communication BlogDecember 23, 2021 at 4:07 PM

    I agree with all of your answers! From your perspective, what's the most interesting benefit of globalization?:)

    ReplyDelete
    Replies
    1. Mayra HernándezDecember 23, 2021 at 4:43 PM

      Definitely access to information. If you know something or someone you can decide if it will have benefits in your life, in business for example you do not buy something or sell something that is not useful to you.

      Delete
  6. The new business of virtual currencies by ChristoferDecember 23, 2021 at 8:22 PM

    Totally agree with you in the rankings but I would like to know what you think of globalization, for you, is it good or bad? I look forward to your response

    ReplyDelete
    Replies
    1. Mayra HernándezDecember 23, 2021 at 8:55 PM

      I believe that globalization is a process of change and for me change is always good. We have the opportunity to grow, learn, meet new people and new markets.

      Delete

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