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The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialisation), developed its current meaning sometime in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the post–Cold War world. [2] The origins of ...
Cultural globalization refers to the transmission of ideas, meanings and values around the world in such a way as to extend and intensify social relations. [1] This process is marked by the common consumption of cultures that have been diffused by the Internet , popular culture media, and international travel .
Globalization, the flow of information, goods, capital, and people across political and geographic boundaries, allows infectious diseases to rapidly spread around the world, while also allowing the alleviation of factors such as hunger and poverty, which are key determinants of global health. [1]
Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.
He notes that economic globalization began after World War II, whereas internationalization began over a century ago. [73] George Ritzer wrote about the McDonaldization of society and how fast food businesses spread throughout the United States and the rest of the world, attracting other places to adopt fast food culture. [74]
Global change in a societal context encompasses social, cultural, technological, political, economic and legal change. Terms closely related to global change and society are globalization and global integration. Globalization began with long-distance trade and urbanism. The first record of long distance trading routes is in the third millennium BC.
De Swaan's analysis of the world language system, which is arguably the most common analysis, distinguishes between five different types of languages, one of which is "English as global lingua franca. [2]" English is “hypercentral” to globalization as a result of both its common international use and its “highly prized” nature. [2]
They explain that China, which gained entry into the World Trade Organization in 2001, has become the world's sole mega-trader. At the height of the Golden Age of globalization in 1913 Great Britain was the world's megatrader with its share of gross domestic product of 18.5 percent.