The following are common types of globalization.
Example of forms of globalization. Globalization examples include political economic social and culture and technological interdependencies in addition to informational and ecological. The absolute cost advantage is the most evident driving factor for the type 1c globalization. Nonetheless due to commercial trades after the 11th century it is nowadays known as a globally consumed commodity.
For example a retiree in Spain who can instantly buy and sell stocks in an Australian company. NAFTA EU Multinational corporations. It is a process that has occurred throughout history since the very first interactions between communities societies cultures nations and civilizations.
It is interesting to note that propensity of type 1c globalization is based not on volume and growth but first on price difference and secondly on capacity utilization. Was traditionally available only to the rich but is now far more available to the poor. We may call the resulting driver the.
Science International programs of science such as joint space programs. The globalization of Western culture and political norms the last few decades have seen the rise of highly conservative and reactionary forms of religious fundamentalism. 10 Types of Globalization.
Market places such as commodity exchanges this represents the pure example of business globalization. Renewable resources such as timber and agriculture as well as nonrenewable resources such as oil and precious metals are examples of capital. These resources can either be a product of trade.
For the Type 1b globalization of specialties the products characteristics. In particular Islamic fundamentalism has been portrayed as a major opponent of globalization with groups such as the Taliban in Afghanistan signifying an extreme form. This type of globalization is inevitable because its effects are spreading all over the world.