What is globalization?

Globalization is the worldwide integration of countries and nations through advanced technology that allows faster exchange of information and goods.

How does globalization affect local businesses?

Globalization can increase competition as companies from different countries can offer products at lower prices, affecting local businesses.

What are some examples of technological advances that enable globalization?

Examples include mobile phones, airplanes, telephones, and the Internet.

How does globalization impact employment?

Globalization can lead to job loss in industrialized countries if companies move production to economically disadvantaged countries, although it can also create job opportunities for locals in these areas.

What is a negative environmental effect of globalization?

Globalization increases the transportation of goods, leading to more carbon dioxide emissions and contributing to climate change.

Can globalization have positive effects?

Yes, globalization can make more affordable products available to more people and facilitates cultural exchange and access to knowledge.

Why is globalization considered neither good nor bad?

Globalization's impact depends on how people utilize and manage the opportunities and challenges it presents.

What happens when companies produce goods in different countries?

Producing goods in different countries can reduce costs, allowing companies to offer products at lower prices in other markets.

Globalization explained (explainity® explainer video)

00:04:18

https://www.youtube.com/watch?v=JJ0nFD19eT8

Zusammenfassung

TLDRThe video provides a comprehensive explanation of globalization, a process catalyzed by advancements in technology such as the Internet, which facilitates the rapid exchange of information and goods globally. It highlights the economic and cultural integration of countries and the resultant competition, where companies can offer products at lower prices due to differing production conditions. This interconnection leads to both positive effects, like the availability of affordable products and cultural exchanges, and negative effects, such as job losses in industrialized countries and environmental impacts like increased carbon emissions. The video stresses that globalization is a neutral phenomenon, with its benefits or drawbacks dependent on how societies manage the new opportunities it creates.

Mitbringsel

🌍 Globalization connects countries worldwide through technology.
📈 It allows the exchange of goods, services, and information swiftly.
🏭 Local businesses face increased competition globally.
💼 Job displacement may occur in industrialized regions.
🌱 Environmental concerns arise due to increased transportation.
📝 Cultural and knowledge exchanges are facilitated.
⚖️ Globalization has both positive and negative consequences.
🔄 Economic integration affects almost all life aspects.
🌐 The process is neutral; outcomes depend on human management.

Zeitleiste

00:00:00 - 00:04:18
Globalization is driven by advances in technology, facilitating communication and trade across countries, leading to increased competition and collaboration. Companies can now outsource production to other countries which may offer cost advantages but also bring challenges like job loss in industrialized nations and ecological issues. The process impacts products, services, cultures, and even languages. Globalization isn't inherently good or bad; its outcomes depend on how the opportunities it presents are managed.

Mind Map

Häufig gestellte Fragen

What is globalization?
Globalization is the worldwide integration of countries and nations through advanced technology that allows faster exchange of information and goods.
How does globalization affect local businesses?
Globalization can increase competition as companies from different countries can offer products at lower prices, affecting local businesses.
What are some examples of technological advances that enable globalization?
Examples include mobile phones, airplanes, telephones, and the Internet.
How does globalization impact employment?
Globalization can lead to job loss in industrialized countries if companies move production to economically disadvantaged countries, although it can also create job opportunities for locals in these areas.
What is a negative environmental effect of globalization?
Globalization increases the transportation of goods, leading to more carbon dioxide emissions and contributing to climate change.
Can globalization have positive effects?
Yes, globalization can make more affordable products available to more people and facilitates cultural exchange and access to knowledge.
Why is globalization considered neither good nor bad?
Globalization's impact depends on how people utilize and manage the opportunities and challenges it presents.
What happens when companies produce goods in different countries?
Producing goods in different countries can reduce costs, allowing companies to offer products at lower prices in other markets.

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Untertitel

Automatisches Blättern:

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[Music]
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globalization is a widely discussed
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topic it is therefore not all that easy
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to explain such a complicated term in
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simple words let's start from the
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beginning with a background to
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globalization advances in technology
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such as mobile phones aeroplanes
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telephones and the Internet have made
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the growth of Trump food and
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communication networks possible amongst
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other things this means that people and
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countries can exchange information and
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goods more quickly and in a less
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complicated way this process is called
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globalization globalization comes from
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globe and means the worldwide coming
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together of countries and nations let's
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look at an example companies used to
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manufacture products in their home
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countries just like the company's
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profile vie and super color who produce
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televisions in country a their products
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are in direct competition with each
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other but both companies pay the same
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salaries and production costs they have
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the same customers use similar suppliers
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and sell televisions at similar prices
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in short the same conditions apply to
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both companies so far so good due to
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technical cultural and economic
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developments that have come about
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through globalization other companies
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which manufacture products under
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different conditions can now offer their
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products in country a to that's why a
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company from country B can sell
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televisions here at a lower price
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because they were produced for less
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their local firms super color and prophy
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TV have to react to withstand the
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competition and so the world grows
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closer together and there is an active
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exchange of goods between countries more
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affordable products are available for
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more people however not only does an
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exchange of products and economic goods
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take place but also of services
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knowledge cultural Goods and even
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languages all of these individual
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elements are
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closely linked and influence each other
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but where there is light there is also
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shadow because of globalization and thus
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intends exchange of goods people and the
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environment often suffer if a company
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decides to move production to an
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economically disadvantaged country
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people in industrialized countries lose
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their jobs at the same time job
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opportunities open up to many locals in
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the economically disadvantaged country
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many people in these countries work for
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very little money in comparison to those
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in industrialized countries therefore
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they often remain poor and more often
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they're not do not have sufficient
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insurance social insurance or health
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insurance cover
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a further disadvantage of globalization
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is ecological problems such as climate
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change the use of aeroplanes ships and
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lorries to transport goods over
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international borders is constantly on
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the increase this causes more carbon
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dioxide to be released into the
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atmosphere which in turn is the main
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cause of global warming even national
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environmental standards are ignored this
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is a further cost factor in the
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worldwide international site competition
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which should be kept as low as possible
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to be attractive for a company there are
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therefore many sides to globalization
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which affect almost all aspects of life
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causing me to think that the chain of
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positive and negative effects will
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continue to grow further what's
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important is to realize that
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globalization itself is neither good nor
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bad it just depends how people deal with
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all the new possibilities in the future
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[Music]