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Globalization and Identity Vocabulary

Economic Globalization

Transnational/Multinational Corporation - A business that operates in multiple countries, often with headquarters in one country and branches or production facilities in others.

Retail Operation - A business that sells goods or services directly to consumers for personal use.

Big Box Store - A large retail store that sells a wide variety of goods, typically at lower prices, such as Walmart or Costco.

Downsizing - The process of reducing the size of a company by eliminating jobs or divisions to cut costs.

Outsourcing - Hiring outside companies or workers from another country to perform services or produce goods to reduce costs.

Opening Price Point - The lowest price at which a retailer offers a product in a particular category to attract customers.

Interdependent - When two or more countries, businesses, or people rely on each other for goods, services, or support.

Monopoly - A situation where one company or organization controls the entire market for a product or service, eliminating competition.

Social Globalization

Medium - A means of communication or expression, such as television, the internet, or newspapers.

Media Concentration - The ownership of many media outlets by a small number of large corporations, which limits diversity in viewpoints.

Media Convergence - The merging of different types of media, such as newspapers, television, and the internet, into one digital platform.

Propaganda - Information, often biased or misleading, used to promote a particular political cause or point of view.

Real Time - Information or events that are happening at the same time as they are being broadcast or reported.

G8 (Group of 8) - An international group of eight of the world's major economic powers that discuss and coordinate economic policies.

Techno-isolation - A phenomenon where people become isolated from others due to excessive use of technology and digital devices.

Pop Culture - Popular trends, music, fashion, and entertainment that are widely accepted and practiced by the general public.

Universalization - The spread of culture, ideas, or trends around the world, making them universally accepted.

Homogenization - The process of cultures becoming more similar due to globalization, often resulting in the loss of unique cultural identities.

Digital Divide - The gap between those who have access to modern digital technology and those who do not.

Acculturation - The process of adopting the cultural traits or social patterns of another group.

Hybridization - The blending of different cultural elements to create something new and unique.

Accommodation - The process of adapting or making adjustments to allow for cultural differences.

Marginalization - The process of excluding or pushing minority groups to the edges of society, limiting their access to resources and opportunities.

Indigenous - People who are the original inhabitants of a region or country, often with distinct cultures, languages, and traditions.

Secularism - The principle of separating religion from government and public affairs.

Monoculture - A society or culture that is dominated by a single set of beliefs, values, or practices.

Integration - The process of combining different groups into one society while maintaining their cultural identities.

Urbanization - The movement of people from rural areas to cities, leading to the growth of urban areas.

Metropolises - Large, densely populated cities that serve as major economic, political, and cultural hubs.

Cosmopolitan - A person or community that is familiar with and open to different cultures and customs.

Cultural Revitalization - The process of bringing new life to a culture by promoting its traditions, language, and customs.

Ethnocentrism - The belief that one's own culture or group is superior to others.

Americanization - The spread of American culture and values to other parts of the world.

Empathy - The ability to understand and share the feelings of another person.

Apathy - Lack of interest, enthusiasm, or concern about something.

Political Globalization

Democracy - A system of government where citizens have the power to vote and make decisions through elected representatives.

Network - A group of interconnected people, organizations, or systems that share information and resources.

Smart Mobbing - The use of social media and technology to quickly organize protests or social movements.

Dissent - The expression of opinions or beliefs that differ from those of the majority or those in power.

Persecution - The mistreatment or punishment of people because of their beliefs, race, or other characteristics.

Civil Disobedience - The nonviolent refusal to obey certain laws or demands of a government to bring about social or political change.

Interconnectedness - The state of having connections or relationships with other people, groups, or systems on a global scale.