Globalization and Culture: An Analysis of the United Kingdom Economy

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Added on  2023/03/20

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This presentation provides an overview of globalization and its cultural impacts, with a specific focus on the United Kingdom economy. It defines globalization as the integration of economies, industries, markets, cultures, and policymaking worldwide, highlighting key features such as rising GDP trade ratios, financial capital flows, foreign direct investment, and the rise of global brands. The presentation also addresses the concept of culture, emphasizing its integration through examples like Hollywood and multinational corporations. It further discusses the cultural impacts of globalization, including the development of a globally connected professional culture, the proliferation of pop culture, and the diffusion of beliefs and values related to human rights and social mores. The conclusion emphasizes that globalization enhances trade practices and cultural sharing, offering brief insights into the relationship between globalization and culture within the context of the UK.
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GLOBALISATION
AND CULTURE
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INTRODUCTION
Globalisation is the process through which one country make interaction
with other countries either by increasing trade practices or sharing their
cultures. In this context, the presentation will demonstrate about
globalization and culture with reference to United Kingdom economy.
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WHAT IS GLOBALISATION
Globalisation is the integration of
economies, industries, markets cultures
and policy making around the world.
Globalisation is the process in which
economies have become increasingly
integrated and interdependent.
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Globalisation
Culture
Society
PoliticsEconomy
Environment
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KEY FEATURE OF GLOBALISATION
Rising GDP trade ratios in most countries
Expansion of financial capital flows between countries
Foreign Direct Investment
Increase in merger and acquisition
Rise of global brands from emerging countries
Global supply chains and new trade and investment routes
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FACTORS CONTRIBUTING GLOBALISATION
International division of labour
Growth of consumer market
Technological innovation
Internationalisation of finance
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GLOBAL TRADE TREND IN UK
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WHAT IS CULTURE?
The social behavior and norms found in
human societies is known as culture.
Human beings are social animals and
culture is considered as a concept in
anthropology involving range of
phenomena that are transmitted through
social learnings in human society.
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THE INTEGRATION OF CULTURE
Hollywood can be considered as precise
example that integrates elements from
many diversified cultures.
Organisations such as Apple, Google,
Amazon hire people from all around the
world on the basis of their skills and
competencies
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CULTURAL IMPACTS OF GLOBALISATION
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CONT.
Development of new culture of globally connected professionals.
The proliferation of pop culture.
The diffusion of belief and values about broader issues such as human
rights and other social mores.
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CONCLUSION
Globalisation increases trade practices between different countries
efficiently. It not only influences customers perceptions but also enhances
the sharing of different cultures. In this context, the presentation shows
brief insights of globalization and cultures.
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REFERENCES
Gunn, S., 2017. Globalisation, education and culture shock. Taylor & Francis.
Oliver, P., 2017. The concepts of globalisation and culture. In Globalisation, Education
and Culture Shock (pp. 24-34). Routledge.
Samier, E., 2015. Emirati women's higher educational leadership formation under
globalisation: culture, religion, politics, and the dialectics of modernisation. Gender and
Education, 27(3), pp.239-254.
Wang, N., 2015. Globalisation as glocalisation in China: a new perspective. Third World
Quarterly, 36(11), pp.2059-2074.
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