A finals reviewer of contemporary world, Cheat Sheet of Contemporary Literature

Download A finals reviewer of contemporary world and more Cheat Sheet Contemporary Literature in PDF only on Docsity! IMPACT OF GLOBALIZATION THEN AND NOW Importance of Technology Living in a convenient and comfortable human existence  Improve communication  Improve Efficiency  Protection Against Attacks  Human Need Technology to Work Efficiently  Unlimited Supply of Knowledge  Increase Human Engagement  Explore New Market for Growth  Necessary for Business Expansion  Increase the Capacity of the Business  Brings Cryptocurrency into Being Living in the Contemporary World The impact of globalization is part of our everyday life, the world will keep on evolving and changing The world is becoming boarder less and interconnected GLOBALIZATION The acceleration of movements and exchanges of human beings. goods, and services, capital, technologies, or cultural practices all over the planet. Impact of Globalization A smaller and closer World Nation of the world become closer with the concept of globalization Historically the civilization started in Mesopotamia, often referred to as cradle of civilization, context urban center rule. It comes from the Greek word meaning between rivers Mesopotamia was believed where civilizations of the world started. The six distinct cradles of civilizations namely: Egypt, Mesopotamia (present-day Iraq and Iran), the Indus Valley, (present-day Pakistan and Afghanistan), China, Mexico, and Peru. The 6 cradle of civilization Means of survival and harvesting crops and livestock and region where the first innovation in technology were made. Most of these ancient civilizations sprung near in great rivers of the world. Sumerian Civilization Oldest society known to mankind. “Sumer” used presently to designate southern Mesopotamia. In 3000 BC it is flourishing civilization that has existed The Sumerian civilization was considered the creators of civilization. Known in innovation in language, governance, architecture and more Silk route It was dubbed Silk Route because of the heavy silk trading that took place during that period. The Silk Route connected the EAST particularly China, and the WEST. The route lead to the discovery of Philippine island, when the Portuguese and Spaniards lead exploration in search of spices It played a significant role in the development of the civilization of China. It exchange religion specially Buddhism, syncretic philosophy sciences and technologies like paper and gun powder. Through the ancient trade caravans, the concept of globalization was initially conceived. The Chinas exported salt, sugar porcelain and spices most was traded was expensive luxury goods since it is a long trip and does not have a lot of room for goods. They imported goods like cotton, ivory, wool, gold and silver. The spices were the most desired resources by the Europeans and it was bountiful in the EAST particularly the Moluccas Island. Human beings always move from place to place and traded with their neighbors exchanging goods, skills and ideas. Throughout history, Europe and Asia were crisscrossed with communication routes and paths of trade. Which gradually link up to form what is known today as the silk routes. Routes across land and sea along which silk and many other goods were exchange between people from across the world. The spice route The Maritime routes were an important part of the network linking East to West by sea and used for the trade of spices. Powerful empires would like to take hold of these essential resources. Strong empires build there strength and introduce their culture to the world The Roman Empire the City of Czars and Pope. Many aspects of today’s society influenced by Ancient Rome. The creations of law development of democratic government practices influence in language, literature , art infrastructure and city planning are all areas where roman contribution to the world. If you are in Rome the number one must-see is the Colosseum. Invention of concrete, roman wrote the invention of roman arches and incredibly wealth build aqueducts and run in miles before they reach the end and deliver fresh water Philippine Arena the foremost proof of Roman influence in the Philippines. The arena was built in conformity to world standard it was deigned pattern to the roman Colosseum. The Roman Colosseum is an entertainment venue hosting legator fights animal hunts and even mock naval battles inside the arena. In 7th century there was an earth quake in Rome that destroyed the part of the colosseum. It is successfully implemented the use of concrete by mixing lime and volcanic rock. The Philippine Arena was constructed with the use of state of the art technologies in this Contemporary time. With the assurance that it can survive despite any disturbances that might occur whether natural or man made. In case of war it can be damage but it will stand still. The construction was the product of world class materials manufactured globally and aside from the high quality concrete use it was build with modern engineering marvels which it will be a legacy that will be pass on the next generation. The Philippine arena It was inspired by the traditional Filipino Nipa Hut and indigenous Narra tree to enshrined the country’s national identity. It was build to symbolizes the endurance strength of indomitable of the people the area where the structure is located is prone to torrential wind and earthquakes of deadly magnitude. It was the venue of the The Philippines is the host country during the 2019 Southeast East Asian Games. Seat of Catholicism Vatican City in Rome as the seat of the Catholic faith. The roman empire as a great empire had imparted a lead role in conceiving the catholic faith as one of the important religions in the world Quincentennial Commemoration of Magellan’s Arrival and Catholicism in the Philippines The year 2021, the Quincentennial Commemoration of the Arrival of Magellan and Catholicism in the Philippines UNITED STATES OF AMERICA LARGEST ECONOMIC PARTNER IN THE PHILIPPINES The United States products dominating Philippine economy Apple, hershes, Enfamil, disney All of us grew up with these American products that are part and parcel of our journeys in life. The Filipinos were number one (1) in the world spending most of the time in social media in the year 2020. Creating a Borderless Society Living in a borderless, cordless, and wireless society From Barter to Cashless: The 5,000 Year History of Money From barter system to money transfer Why do we need a cashless society? It is much faster and more convenient Social Media Platforms The process of globalization through global communication. Means of communication From analog communication to digital Means of Transportation An efficient chain of supply through effective modes of transportation. CLASSROOM THEN AND IN THE FUTURE The trend on the mode of teaching will be geared towards upgrading teachers with the latest technologies and the demand of the Global Economy. These were samples of technologies used as instructional materials before and at present upgraded into modern ones. In this Contemporary time, outdated gadgets need to be updated. Impact of globalization living in a smart house The impact of globalization within our reach, even at home is taking place. GLOBAL ECONOMY Globalization makes everything and everyone is interconnected, interdependent, and interrelated NATURAL AND SOCIAL WEB OF LIFE We are connected and dependent on things we need, to keep us alive. Anyone can easily convey to the world one’s feelings We are living in a geographical region called Global Economy What is the Global Economy? The economy of all humans of the world From the ancient Silk Road to the General Agreement on Tariffs and Trade The headquarter of the World Trade Organization in Geneva, Switzerland Created on January 1, 1995, marked the biggest reform in international trade since the end of the Second World War By principle, countries of the world will benefit whether members and non-members The World Trade Organization, the WTO is the only international organization dealing with the global rules of trade. Improved the means of communication in the Global Economy By understanding the English language, people of the world are given a competitive advantage. The communication barrier is no problem with OFW for they can easily learn any language of the world. It will lead to a more prosperous, peaceful, and accountable economic world. The main goal is to improve the welfare of the people of the WTO’s members Members and non-members of the WTO gain to what Global Economy provides These are global products essential to human existence. In a Dynamic Global Economy, consumers are given options and choices. Liberalization value the interdependence of the countries of the world. The Philippines as a periphery is dependent on the CORE countries in the supplies of COVID19 vaccines and foreign loans. The most effective way to employ globalization if not ideally, “ Is the Liberalization of Global Economy.” The Philippines adhered to Global Pharmaceutical companies, not making them liable in cases of adverse effects on the vaccines produced. This doctrine is associated with classical liberalism Trade liberalization promotes free trade The Philippines government-imposed restrictions on the deployment of Nurses abroad Liberalization, privatization and globalization The three (3) components and elements of new economic policy The Liberalization of the Global economy has been responsible for the economic growth of the countries of the world. The world is telling us that Neo-liberal globalization has transferred too much power from states to multiple transnational corporations. Fake news is a proliferation in social media, the government cannot control. Technology keeps on changing in a matter of time. Multinational Corporations dominating the Global Economy. What is MNC? An enterprise operating in several countries but managed from one (home) country. Generally any company or group that derives a quarter of its revenue from operations outside of its home country is considered a multinational corporation There are four categories of multinational corporations: 1. A multinational, decentralized corporation with strong home country presence. 2. A global, centralized corporation that acquires cost advantage through-centralized production wherever cheaper resources are available 3. An international company that builds on the parent corporation’s technology or R&D 4. A transnational enterprise that combines the previous three approaches. Transnational Corporations dominating the Global Economy A TNC is a firm that has power to coordinate and control operations in more than one country, even if it does not own them. Philippines transforming into the Fourth Industrial Revolution Artificial Intelligence will soon introduce in Philippine Educational System. It has opened a new world for many people around the world Technological advances have significantly improved operations and lowered the cost of doing business Even homework can take place, the business operates, classes go on, and important meetings take place. The Global Economy will collapse Top Global Companies will lose their entire industries and face economic crisis Online shopping and selling in the Philippines A study revealed that 9 out of 10 Filipinos preferred online shopping. The Southeast Asian countries are actively engaged in online shopping The most popular online platform sites deliveries in the Philippines Online LIVE selling is now a trend in the Philippines. Business Process Outsourcing (BPO) Pros - Cost reduction - Higher competitiveness - Better performance - 24/7 coverage Cons - Security branches - Relying too much on the contructor OUTSOURCING - Transfer of operational activities to external locations OFFSHORING - Relocation of operating activities to another country NEARSHORING - Outsourcing of business process to nearby countries, often sharing a border ONSHORING - Relocation of business process to a lowest-cost location inside national boarders The BPO industry is the fastest-growing sector in the country and overtake OFW remittances in the year 2017. Economic Integration a state of a fairs or a process which involves the amalgamation of separate economies into a larger free trading regions. Nations of the world engaged in Economic Integration 3 levels of economic integrations Global : trade liberalization by GATT or WTO Regional : Preferential treatment of member countries in the group