The Contemporary World

1.    The process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.

• Trade

• Political change

• Globalization

• Conflict

1.    They tend to follow the foreign culture more and forgetting their own roots.

• Loss of culture

• Acculturation

• Socialization

• Enculturation

Globalization has give rise to more health risks and presents new threats and challenges for epidemics.

• Political change

• Health issues

• Technology

• Globalization

1.    Involves long-distance flows of goods, services, capital and the information and perceptions that accompany market exchange.

• Economic globalization

• Environmental globalization

• Military globalization

• Cultural globalization

Refers to long-distance networks in which force, and the threat or promise of forces are deployed.

• Employment

• Political change

• Cultural globalization

• Military globalization

1.    Globalization generate employment opportunities for those people who still don’t have job.

• Education

• Employment

• Communication

• Product

The technology allows the people to achieve clear and continuous communication with their family or VIP’s in different countries.

• Employment

• Education

• Communication

• Political change

This in turn creates an imbalance in the environment leading to climate change and occurrence of natural calamities.

• Wealth distribution

• Environmental degration

• Cheap price

• Employment

Through globalization they learn lots of things which guide them to live in a wealthy or simple life.

• Employment

• Education

• Communication

• Cultural conflict

Most products in the market are offered in a cheaper price due to competition.

• Education

• Employment

• Cheaper price

• quality of product