What crosses your mind when you see this picture?
When I see this picture globalization crosses my mind. Globalization happens when human societies establish closer contacts so that borders become unimportant!
Did you know of the key players in the "globalization" game?
The International Monetary Fund (IMF) is the international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rate and the balance of payments. It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development.[3] It also offers highly leveraged loans, mainly to poorer countries. Its headquarters are in Washington, D.C., United States.
A multinational corporation (MNC) or transnational corporation (TNC), also called multinational enterprise (MNE), is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred as an international corporation.
Technology has now created the possibility and even the likelihood of a global culture. The Internet, fax machines, satellites, and cable TV are sweeping away cultural boundaries. Global entertainment companies shape the perceptions and dreams of ordinary citizens, wherever they live. This spread of values, norms, and culture tends to promote Western ideals of capitalism. Will local cultures inevitably fall victim to this global "consumer" culture? Will English eradicate all other languages? Will consumer values overwhelm peoples' sense of community and social solidarity? Or, on the contrary, will a common culture lead the way to greater shared values and political unity? This section looks at these and other issues of culture and globalization.
Hortense Kouadio manages a coffee kiosk which is styled like a big red cup. It is referred to locally as ‘La Tasse Rouge’. She opens for business at 6am each morning, except for Sundays.
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How will this story continue?
To see the full story go to http://humanglobalization.org/cases/caseHortense.htm