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Final Proyect

Final Proyect about Globalization

chuy Bustos

on 26 March 2011

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Transcript of Final Proyect

Globalization cultural impact economic impact
The communication
Pros and cons
Latest news
Culture is what people eat, how they dress, the beliefs they hold, and the activities they practice. "Culture" is defined as patterns of human activity and the symbols that give these activities significance. Globalization has joined different cultures and made it into something different. Culinary culture has become extensively globalized. For example, Japanese noodles, Swedish meatballs, Indian curry and French cheese have become popular outside their countries of origin. The Globalization describes the process by which regional economies, societies, and cultures have become integrated through a global network of political ideas through communication, transportation, and trade. the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, the spread of technology, and military presence. However, globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political, and biological factors. Globalization compels businesses to adapt to different strategies based on new ideological trends that try to balance rights and interests of both the individual and the community as a whole. Globalization it brings the reorganization of production, international trade and the integration of financial markets, thus affecting capitalist economic and social relations, such as business competitiveness, at the global level. The transformation of the production systems affects the class structure, the labor process, the application of technology and the structure and organization of capital. The phenomenon seems to be driven by three major forces: globalization of all product and financial markets, technology and deregulation. Globalization of product and financial markets refers to an increased economic integration in specialization and economies of scale The technology factor, have facilitated remote delivery and provided new access and distribution channels Deregulation pertains to the liberalization of capital account and financial services in products, markets and geographic locations. Communication is essential to ensure and maintain good relations in all areas of our lives, particulary in the family and work Today, the media is a persuasive tool to allow us to stay in constant communication with the various social events, economic and political both nationally and internationally. Globalization is the international integration of markets for goods and services, generating many benefits to industrial contries. To end the communication is one of the most benefited by the progress made globalization Globalization has strengthened the nexus and has helped us to know each other’s need in a better way It has helped to demolish those walls that separated us and curbed our natural identity of being fellow human beings.
Pros of Globalization
Now there is a worldwide market for the companies and for the people there is more access to products of different countries.
Due to the presence of a worldwide market, there is an increase in the production sector and there are lots of options for the companies now. Cons of Globalization
Many opportunities of jobs are losing because the companies are outsourcing work to the Asian countries. There are some experts who think that globalization; along with the positive aspects is also leading to the incursion of negatives like communicable diseases and social degeneration. Globalization promotes inequality levels of life. Chinese enterprises'globalization Zoomlion Heavy Industry Science & Technology Development Co., Ltd is a leading Chinese heavy machinery manufacturer. In 2008, Zoomlion acquired Italy CIFA, who once the third largest concrete machinery enterprise in the world. After this M&A, Zoomlion became the largest concrete machinery manufacturer worldwide. On March 20, Italian Leonardo Committee conferred the International Leonardo Award 2010 to Zhan Chunxin, president of Zoomlion, in recognition of his contribution to Italy in the acquisition of CIFA-the Italian concrete machinery manufacturer. China speeds up yuan's globalization China announced on Thursday that the country's qualified enterprises could conduct direct investment overseas using renminbi, marking another key step towards the globalization of the Chinese currency. The People's Bank of China (PBOC), or the central bank, said in a notice published on its website that banks and businesses would be allowed to use yuan internationally for launching new businesses as well as for mergers and acquisitions. MEXICAN CRUDE OIL´ PRICES AFFECT GLOBAL RECOVERY The price of Brent crude came back up for to be in 115.36 dollars a barrel while the Mexican crude oil is above the level estimated for this year of $ 100 per barrel.
The Mexican Secretary of finance, Ernesto Cordero, admitted that high oil prices may put at risk the global economic recovery, the energetics are the main input of industrial activity.
"A context of high oil prices mean a risk to consolidate the global economic recovery, and that can affects Mexico." " It is not necessarily good news that the price of oil is so high", He said Today we are becoming more connected thanks to the technological advances. Every day, more ways to stay connected and thus can be more aware of developments, news of information Nowaday the internet is the most important tool of comunication around the world
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