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Lesson 2: Globalization and its parts

Part 1:

Infrastructure & Networks

Networks and international travel allow globalization to happen.
Networks can be both physical and virtual.
Globalization has three interdependent parts:
1.
Infrastructure
2.
Networks - Using Infrastructure
3.
Flows - On Networks
Physical
Virtual
Rail system
Internet
Airports
Social
📶
Globalization is possible because of infrastructure and networks - connects people.

Networks and Flows

Four main things flow along networks
💡
Information
👤
People
💵
Money
📦
Goods

Globalization isn't consistent

💬
The infrastructure, costs, and benefits are not split evenly around the globe
🙁
The causes, speed, amount and effects of globalization are not the same

Part 2:

Considering Power and Privilege

✊
Power - Ability to do or act; capability of doing or accomplishing something.
🚬
Privilege - a right, immunity, or benefit enjoyed by a particular person or a restricted group of people beyond the advantages of most.

EU: Globalization has winners and losers

Eg. Apple iPhones
Winners
Losers
Chinese Government - Foreign Cashflow, More Jobs.
Environment - Pollution
Apple Company - Cheaper Manufacturing, More profits.
Other Factories - Less opportunity