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Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. [1]
The definition thus implies that there were pre-modern or traditional forms of globalism and globalization long before the driving force of capitalism sought to colonize every corner of the globe, for example, going back to the Roman Empire in the second century AD, and perhaps to the Greeks of the fifth-century BC. [6]
Globalisation Is Good is a 2003 documentary film written and presented by Johan Norberg and produced by Freeform Productions for British Channel 4.The film, directed by Charlotte Metcalf, is based on Norberg's much celebrated book In Defense of Global Capitalism (published in 2001) that shows his view of the impact of globalisation, and the consequences of its absence.
The concept of global cultural flows was introduced by anthropologist Arjun Appadurai in his essay "Disjuncture and difference in the global cultural economy" (1990), in which he argues that people ought to reconsider the Binary oppositions that were imposed through colonialism, such as those of ‘global’ vs. ‘local’, south vs. north, and metropolitan vs. non-metropolitan.
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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.
Chapter 1 describes the different emphasis students, parents, and teachers put on socialization, academic rigor, and discipline in the three countries. This chapter of the film compares high school students from three countries, India, China and the United States.
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