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In: Economics

Describe and explain a clear distinction between “globalism” and “globalization. Provide examples along with resources. Resources...

Describe and explain a clear distinction between “globalism” and “globalization. Provide examples along with resources.
Resources is required

Solutions

Expert Solution

Basis Globalization Globalism
Meaning It is the connection of different parts of the world It describes how world is becoming more connected.
Definition It refers to movement and integration of goods and people among different countries. It describes a world which is characterized by network of connections that span multi continental distances.
Description It describes increasing connectivity between individuals, regions throughout the world. It is a national policy of treating the whole world as a proper sphere for political influences.
Scope It is the thick form of globalism.It is the process by which globalism becomes increasingly thick. The thin form is called globalism.
Significance It helps to expand international , Economic, political and cultural activities. It helps to understand all the interconnections of the modern world.

Points of

Differences

* It is dynamic shrinking of distance on a large scale

* It describes how world is becoming more connected

* It is a positive term

* It types are---Economic globalisation, Environmental globalisation, Military globalisation, social and cultural globalisation.

*It is the underlying and basic networks.

* It is idealogical and moral component of globalization which implies how the world ought to be more connected.

* It is a normative term.

*Its examples are--Justice globalism, Military globalism, Jihad globalism, Market globalism

Resources required for globalization/ globalism are-----

Trade, travel, transportation , knowledge, Immigration, Culture,Capital, Political stability, human rights.


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