Divers of globalization presentation ppt

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2. Conclusion Summary of Key Drivers: Economic, technological, political, social, and environmental forces shape globalization. Future Outlook of Globalization: More digitalization, climate action, and geopolitical shifts expected. Importance of Balancing Benefits with Challenges: Sustainable policies can make globalization more inclusive and fair.

3. Challenges & Criticisms of Globalization Economic Inequality: Wealth is concentrated among developed nations and elites. Cultural Homogenization & Loss of Local Identity: Westernization may overpower local traditions. Environmental Degradation: Increased production leads to pollution and resource depletion. Political Backlash (Protectionism & Nationalism): Some countries resist globalization to protect local industries.

4. Environmental & Sustainability Factors Climate Change and International Responses: Agreements like the Paris Accord require global cooperation. Need for Global Cooperation in Resource Management: Sustainable policies address deforestation, water scarcity, and pollution. Green Technologies and Sustainable Development: Innovations in renewable energy and eco-friendly products drive change.

5. Social & Cultural Drivers Global Media Influence: Hollywood, social media, and music shape global cultural trends. Migration & Multiculturalism: People move across borders, bringing diverse perspectives and skills. Increased Education & Knowledge Sharing: Universities and online learning platforms connect people worldwide. Growth of Global Consumer Culture: Demand for international brands (Nike, McDonald's, Apple) increases.

6. Political Drivers Trade Agreements & Economic Blocs: Organizations like WTO, EU, and NAFTA/USMCA promote economic cooperation. Global Governance Organizations: Institutions like the IMF, World Bank, and UN regulate and support global economies. Reduction in Trade Barriers: Lower tariffs and quotas make international trade easier. Political Stability & International Cooperation: Peaceful relations encourage investment and economic growth.

7. Technological Drivers Advancements in Communication: The internet, social media, and mobile technology facilitate instant global interactions. Transportation Improvements: Faster, cheaper travel (airplanes, shipping, logistics) makes cross-border movement easier. E-commerce & Digital Payments: Platforms like Amazon and Alibaba enable businesses to sell globally. Artificial Intelligence and Automation: Smart technologies enhance efficiency in global supply chains.

8. Economic Drivers International Trade & Free Markets : Reduction of trade barriers allows goods and services to flow freely. Foreign Direct Investment (FDI ): Companies invest in foreign markets, boosting economic integration. Growth of Multinational Corporations (MNCs): Companies expand globally, creating international business networks. Economic Liberalization and Deregulation: Reduced government restrictions encourage global commerce.

9. Introduction What is Globalization ? Globalization refers to the increasing interconnectedness and interdependence of economies, cultures, and societies across the world . Why is Globalization Important ? It enables economic growth, cultural exchange, technological advancements, and political cooperation . Overview of Key Drivers : Economic , technological, political, social, and environmental factors.

10. Drivers of Globalization Understanding the Forces Shaping Global Interconnectivity