Evidence 3

Evidence 3

Contemporary worldNallely Patricia Vargas de los Santos AL03048152 Alejandro Eliud Araizaga Esquivel

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Globalization

Globalization describes the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries.

The term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life.

Humans have exchanged items since ancient times, but it wasn't until the XIV century that globalization took off

Following centuries of European colonization and trade activity, that first “wave” of globalization was propelled by steamships, railroads, the telegraph, and other breakthroughs, and also by increasing economic cooperation among countries.

The globalization trend eventually waned and crashed in the catastrophe of World War I, followed by postwar protectionism, the Great Depression, and World War II.

Key aspects and it's influence

Globalization is a multi-dimensional process driven by factors like trade and economic integration, technological advancements, capital mobility, labor movement, cultural exchange, political influences, and environmental considerations. Key drivers include international trade, global supply chains, technological innovation, migration, and financial market liberalization.

While globalization fosters economic growth, cultural exchange, and global cooperation, it also poses challenges like income inequality, environmental sustainability, and geopolitical tensions. The ultimate impact of globalization depends on how these factors interact and evolve, requiring careful analysis to navigate its complexities and risks.

TRADE

In economics, trade is the voluntary exchange of goods or services between different parties, often for money.

In financial markets, trade refers to purchasing and selling securities, commodities, or derivatives. It is generally conducted to provide a nation with commodities it lacks in exchange for those that it produces in abundance and it can improve a nation's standard of living

Trade can also refer to the system or network that allows trade, which economists call a market.

W.T.O ?

World Trading Organization The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to ensure that trade flows as smoothly, predictably and freely as possible.

The shift from mechanical and analogue electronic technology to digital electronics as a means of storing, transferring and utilising information is credited as the starting point of what we refer to as the digital revolution.

DIGITAL REVOLUTION

It began in the second half of the 20th century with the adoption and proliferation of digital computers and digital storage of information, which in turn led to the development of more advanced computer systems able to digitally replicate and automate previously manually performed mathematical calculations.

By the 1950s and 1960s, many governments, militaries and other organisations were already using computers to manage more complex data and functions. In parallel, scientists began to consider time-sharing between computer users and, later, the possibility of achieving this over wide area networks.

The public was first introduced to the concepts that led to the internet when a message was sent over the ARPANET (short for Advanced Research Projects Agency Network) in 1969. The first computers were connected then and further software development enabled remote login, file transfer and email.

Improved performance and reducing costs led to a wide acceptance and adoption of digital technologies, and shortly afterwards they made their way into a wide variety of equipment and consumer goods.

Terrorism

The threat or use of violence to intimidate or coerce in the pursuit of political or ideological goals. It is usually understood to be done by non-state actors (individuals or organizations not part of the government).

Terrorism can take many forms, including bombings, armed assaults, hijackings, or hostage-taking. Its targets can also vary and can be aimed at civilians, state actors, or public infrastructure.

Terrorism is a big concern for people across the world. Attacks are rare, but often shocking, as they are meant to scare and subdue.

Globally, terrorist attacks and deaths are rare. But this varies a lot worldwide: in some countries, they are common and on the rise, while in others, there are few attacks or none. Globally, around 20,000 people died from terrorism in 2019. This meant it caused an estimated 1 in 2000 deaths that year.

While the number of terrorism deaths can change a lot from year to year; for example in 2014, almost 45,000 people died in terrorist attacks, while in 2010, it was less than 8,000; the average over the last decade was close to the 2019 number, at around 24,000 per year. While terrorism is a rare cause of death globally, it is more common in some countries and regions.

Thank you

Kolb, M. (2018, October 29). What Is Globalization? Peterson Institute for International Economics; Peterson Institute for International Economics. https://www.piie.com/microsites/globalization/what-is-globalization ‌ Trade - Definition, What is Trade, Advantages of Trade, and Latest News. (n.d.). Cleartax. https://cleartax.in/glossary/trade World Trade Organization. (2024). What is the WTO? World Trade Organization. https://www.wto.org/english/thewto_e/thewto_e.htm minnalearn. (n.d.). What is the digital revolution? What Is the Digital Revolution? https://courses.minnalearn.com/en/courses/digital-revolution/the-digital-revolution/what-is-the-digital-revolution/ ‌‌‌Roser, M., Nagdy, M., & Ritchie, H. (2022, October). Terrorism. Our World in Data. https://ourworldindata.org/terrorism ‌

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