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Globalization as both an ____________________ and a ____________________

1 . What is globalization ?
Globalization = Economic , ecological , social , ____________________ problems are not restricted to the national level , but more ____________________ .

2 . What causes globalization ?
? Modern ____________________ and mass media ( allowing the distribution of ____________________ worldwide for affordable prices )
? Lower cost of ____________________
? Liberalization of international ____________________ ( i . e . , Open markets which removes import tariffs , import quotas , and import ____________________ worldwide )

3 ) 03 Aspects of globalization :
3 . 1 . ____________________
- Main catalyst for globalization and the most ____________________ areas
- Increasing ____________________ and direct investment , the rise of multinational ____________________ ( seeking new ____________________ , cheap productions )
3 . 2 . ____________________
- Global issues ( e . g . ____________________ change , financial ____________________ , ____________________ ) cannot be solved by a single state , but a group of countries ( eg . ____________________ , G - 20 , and UNO )
- The rise of ____________________ - ____________________ organizations , not belonging to a particular state create pressure to affect the governments
3 . 3 . ____________________
- McWorld : Western ____________________ ( e . g . music , news , products & English language ) becomes dominant and destroy ____________________ culture and global ____________________
- Backlash : people return to local and regional cultural ____________________
Winners and losers in globalization
- Winners : New ____________________ countries & rapidly developing countries ( due to lower ____________________ - - > cheap products - - > global ____________________ ( e . g . China ) )
- Losers : ____________________ countries ( not prepared for international ____________________ and failing to attracting direct ____________________ )
- Both winning and losing : ____________________ countries ( new ____________________ vs . new ____________________ from other countries )