Lesson 1: Introduction to Computer and Information Technology

Globalization

is the process of increasing interdependence and integration among economies, markets, societies, and cultures of different countries worldwide.

It includes:

• Competition in world market

• Global work group

• Global work systems

• Management and control in a global marketplace

mondialisation

The term GLOBALIZATION first appeared in the EARLY 20TH CENTURY , supplanting an earlier FRENCH term ____________.

transportation and communication technologies

the origins of globalization can be traced back to the 18th and 19th centuries, driven by advances in ___________ and __________ technologies.

International Monetary Fund (IMF)

In 2000, the _____________________ identified FOUR BASIC ASPECTS of Globalization:

1. Trade and Transactions

2. Capital and Investment movements

3. Migration and Movement of people

4. Dissemination of knowledge

social, cultural, political, legal

Globalization is a ________, _______, _________ and ______ phenomenon.

Socially

_________, Globalization leads to greater interactions among various populations

ideas, values, and artistic expression

Culturally, globalization represents the exchange of _______, ________, and __________ among cultures.

Intergovernmental Organizations

Politically, globalization has shifted attention to ______________________ like the United Nations (UN) and World Trade Organization (WTO)

According to Harvard Law, this refers to an entity created by treaty, involving two or more nations, to work in good faith, on issues of common interest.

created and enforced

Legally, globalization has altered how INTERNATIONAL LAW is ________ and ________.

Industrial Economy

Refers to an economic system structured around the utilization of fossil fuels