Business Studies, asked by vedantlimaye6421, 10 months ago

The political economic and cultural dimension of globalisation

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Answered by Zen221
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The dimensions of global are:-

Economic

Economic globalization is the intensification and stretching of economic interrelations around the globe. It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions

Political

Political globalization is the intensification and expansion of political interrelations around the globe. Aspects of political globalization include the modern-nation state system and its changing place in today’s world, the role of global governance, and the direction of our global political systems.

Military

Military globalization, as subdomain of political globalization, is defined as the intensification and stretching of military power across the globe through various means of military power (nuclear military weapons, radiation weapons simply weapons of mass destruction). This form of globalization occurs across offensive and defensive uses of power and survival in international field. Beyond states, global organizations such as the United Nations also extend military means globally through support given by both Global North and South countries.

Cultural

Cultural globalization is the intensification and expansion of cultural flows across the globe. Culture is a very broad concept and has many facets, but in the discussion on globalization, Steger means it to refer to “the symbolic construction, articulation, and dissemination of meaning.” Topics under this heading include discussion about the development of a global culture, or lack thereof, the role of the media in shaping our identities and desires, and the globalization of languages.

Ecological

Topics of ecological globalization include population growth, access to food, worldwide reduction in biodiversity, the gap between rich and poor as well as between the global North and global South, human-induced climate change, and global environmental degradation.

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