Economic
Can be reflected in the idea that all economies are globally interconnected. Increasing economic interdependence of national economies across the world through a rapid increase in boarder movement of goods, service, technology, and capital. Whereas globalisation is centred around the rapid development of science and technology and increasing cross-border division of
labour, economic globalization is propelled by the rapid growing significance of information in all types of productive activities and marketization, and the advance of science and technologies. Economic globalization can be viewed as either a positive or a negative
labour, economic globalization is propelled by the rapid growing significance of information in all types of productive activities and marketization, and the advance of science and technologies. Economic globalization can be viewed as either a positive or a negative
Political
Evident in the growing importance of international organisations. These organisations are transnational and enable states to take concerted action without sacrificing national sovereignty.
Cultural
The process whereby information, commodities and images produced in one part of the world enter into a global flow that ‘flattens out’ cultural differences. The notion that people around the world are conforming in their habits (such as watching the same television shows and eating the same food) and their attitudes (such as beliefs about democracy and human rights).