Contemporary World

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is the increasinginteraction of people, states orcountries through the growth ofthe internationalflow of money,ideas and culture.

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Globalization

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Interconnectedness of people and business across the world that eventually lead to global, cultural, political and economic integration

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Globalization

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Ability to move and communicate easily with the others all over the world in order to conductbusiness internationally

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Globalization

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Term used to describe how trade and technology have made the world into a more connected and interdependent place

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Globalization

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It involves both the creation of new social networks and the multilication of existing connections that cut across traditional political, economic, cultural, and geographical boundaries.

The compression of the world into a single place has increasingly made global the frame of reference for human thought and action.

The intensification and acceleration of social exchanges and activities.

Tha expansion and the strengthening of social relations, activities and connections

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Characteristics of Globalization

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a former professor at the Harvard Business School credited with coining the term "globalization" and with championing the undervalued role of marketing in defining what businesses should make and sell, died June 28 at his home in Belmont, Mass. He was 81.

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Theodore Levitt

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He first used “globalization” in a 1983 Harvard Business Review article about the emergence of standardized, low-priced consumer products. He defined the term as the changes in social behaviors and technology that allowed companies to sell the same products around the world

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Theodore Levitt

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What year did Charles Taze Ruseell coined a related term, corporate giants which refers to largely national trusts and other large enterprises of the time

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1897

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1897 ,he coined a related term, corporate giants which refers to largely national trusts and other large enterprises of the time

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Charles Taze Ruseell

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On what year did word globalize as a noun appeared in publication entitled 'Towards New Education"?

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1930

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It was year 1930 word globalize as a noun appeared in publication entitled '__?"

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"Towards New Education"

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What year did The International Monetary Fund identified (4) basic aspect?

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2000s

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It works to achieve sustainable growth and prosperity for all of its 190 member countries. It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being. The ___ is governed by an accountable to its member countries.

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The International Monetary Fund (IMF)

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It has three critical missions: furthering international monetary cooperation, encouraging the expansion of trade and economic growth, and discouraging policies that would harm prosperity. To fulfill these missions, _ member countries work collaboratively with each other and with other international bodies.

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The International Monetary Fund (IMF)

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The IMF fosters international financial stability by

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Policy advice, Financial Assistance, Capacity Development

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Technical assistance and training to help governments to implement sound economic policies.

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Capacity Development

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Monitoring economic and financial developments and advising countries.

Monitoring economic and financial developments and advising countries.

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Policy Advice

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Loans and other financial aid to member countries.

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FINANCIAL ASSISTANCE

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P

E, .. C

E

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Ecological, political, cultural & Environmental

These are the Dimensions of Globalization