{"id":1767,"date":"2016-06-14T15:01:56","date_gmt":"2016-06-14T15:01:56","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/introductiontosociology-waymaker\/?post_type=chapter&#038;p=1767"},"modified":"2016-07-06T14:35:26","modified_gmt":"2016-07-06T14:35:26","slug":"outcome-globalization-and-the-economy","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/chapter\/outcome-globalization-and-the-economy\/","title":{"raw":"Outcome: Globalization and the Economy","rendered":"Outcome: Globalization and the Economy"},"content":{"raw":"<h2 class=\"p1\">Define globalization and describe its manifestation in modern society<\/h2>\r\nGlobalization refers to the process of integrating governments, cultures, and financial markets through international trade into a single world market. There are benefits and drawbacks to globalization. Often the countries that fare the worst are those that depend on natural resource extraction for their wealth. Many critics fear globalization gives too much power to multinational corporations and that political decisions are influenced by these major financial players.\r\n<h2>What you\u2019ll learn to do:<\/h2>\r\n<ul>\r\n \t<li>\r\n<p class=\"p1\">Discuss the pros and cons of globalization from an economic standpoint<\/p>\r\n<\/li>\r\n<\/ul>\r\n<h3>Learning Activities<\/h3>\r\nThe learning activities for this section include:\r\n<ul>\r\n \t<li class=\"chapter type-1\">Reading: Globalization<\/li>\r\n \t<li class=\"chapter type-1\">Self-Check: Globalization and the Economy<\/li>\r\n<\/ul>","rendered":"<h2 class=\"p1\">Define globalization and describe its manifestation in modern society<\/h2>\n<p>Globalization refers to the process of integrating governments, cultures, and financial markets through international trade into a single world market. There are benefits and drawbacks to globalization. Often the countries that fare the worst are those that depend on natural resource extraction for their wealth. Many critics fear globalization gives too much power to multinational corporations and that political decisions are influenced by these major financial players.<\/p>\n<h2>What you\u2019ll learn to do:<\/h2>\n<ul>\n<li>\n<p class=\"p1\">Discuss the pros and cons of globalization from an economic standpoint<\/p>\n<\/li>\n<\/ul>\n<h3>Learning Activities<\/h3>\n<p>The learning activities for this section include:<\/p>\n<ul>\n<li class=\"chapter type-1\">Reading: Globalization<\/li>\n<li class=\"chapter type-1\">Self-Check: Globalization and the Economy<\/li>\n<\/ul>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-1767\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Objectives and Activities. <strong>Provided by<\/strong>: Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li>OpenStax CNX. <strong>Authored by<\/strong>: OpenStax CNX. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"http:\/\/cnx.org\/contents\/02040312-72c8-441e-a685-20e9333f3e1d\/Introduction_to_Sociology_2e\">http:\/\/cnx.org\/contents\/02040312-72c8-441e-a685-20e9333f3e1d\/Introduction_to_Sociology_2e<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em>. <strong>License Terms<\/strong>: Download for free at http:\/\/cnx.org\/contents\/02040312-72c8-441e-a685-20e9333f3e1d@3.49<\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":29,"menu_order":7,"template":"","meta":{"_candela_citation":"[{\"type\":\"cc\",\"description\":\"OpenStax CNX\",\"author\":\"OpenStax CNX\",\"organization\":\"\",\"url\":\"http:\/\/cnx.org\/contents\/02040312-72c8-441e-a685-20e9333f3e1d\/Introduction_to_Sociology_2e\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"Download for free at http:\/\/cnx.org\/contents\/02040312-72c8-441e-a685-20e9333f3e1d@3.49\"},{\"type\":\"original\",\"description\":\"Objectives and Activities\",\"author\":\"\",\"organization\":\"Lumen Learning\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"0ad149d4-76c7-4b16-b806-49900b942a98","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-1767","chapter","type-chapter","status-publish","hentry"],"part":583,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/pressbooks\/v2\/chapters\/1767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/wp\/v2\/users\/29"}],"version-history":[{"count":2,"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/pressbooks\/v2\/chapters\/1767\/revisions"}],"predecessor-version":[{"id":1773,"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/pressbooks\/v2\/chapters\/1767\/revisions\/1773"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/pressbooks\/v2\/parts\/583"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/pressbooks\/v2\/chapters\/1767\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/wp\/v2\/media?parent=1767"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/pressbooks\/v2\/chapter-type?post=1767"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/wp\/v2\/contributor?post=1767"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/sanjacinto-introsociology-1\/wp-json\/wp\/v2\/license?post=1767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}