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THEORIES OF GLOBALOZATION

CONTEMPORARY GLOBAL ISSUES

Overpopulation

Overpopulationis an undesirable condition where the number of existing


human population exceeds the carrying capacity of Earth.

Food and Agriculture

Natural Resources

Climate Change

Technological Development and


Globalization

The Age of Science


The 20th centurys unprecedented gains in advancing
human development and eradicating poverty came
largely from technological breakthroughs

Introduction

Major breakthroughs in information technology, communication and


transportation have been the driving forces behind the early 21st century
global market boom.

Improvements in the early 1990s in computer hardware, software, and


telecommunications greatly increased peoples ability to access information
and economic potential.

It drives the innovative use of resources to promote new products and ideas
across nations and cultures, regardless of geographic location.

Technological Advancements

Technology is now the forefront of the modern world creating new jobs, innovations and
networking sites to allow individuals to connect globally.

The timeline below shows the rapid transformation of how technology has accelerated within
the last 20 years

18 years ago: Internet commercialized


17 years ago: first mobile phone with Internet connectivity
15 years ago: Google named the search engine of choice by PC magazine
9 years ago: Facebook launched
6 years ago: iPhone, the first of the smart phones, introduced
3 years ago: 17 million smart tablets sold estimated that 100 + million by 2014

Every 60 seconds (so it seems): new apps, tailored to users specific needs created

Contributions

Improved transport services ( Air and Sea)

The development of communication technologies such as internet, email and


mobile phones have been vital to the growth of globalization because they
help MNCs to operate throughout the world.

Operations have become easier For e.g. Stock exchange

Education made easier via internet

Improved methods such as automation hold the greatest potential benefit for
manufacturing industry

Technological Milestones

1876: Telephone. Alexander Graham Bell transmits first complete sentence.

1903: The Wright brothers had invented the first successful airplane.

1927: Television, first successful demonstration in the USA.

1958: First U.S. Earth satellite launched.

1989: Development of the World Wide Web begins.

1981: IBM introduces its first personal computer.

* http://www.technotouch.com/TechMilestones.htm

Advantages
Globalization

Cost effectiveness

Bridging the
cultural gap
Communication
made easier

Development in Pakistan

Internet Access (1990)

Nuclear Power (1998)

TV Satellite (1992)

Missile System (1994)

JF Thunder (2008)
*Wikipedia.org

Conclusion

Technology will continue to fuel economic growth and rising standards of


living around the world.

Technological development increases economic potential.

Internet and especially e-commerce are the terms that are basically used for
justifying the recent approach of techno-globalism.

One of the factor on which developed and developing countries are


differentiated are technological advancements.

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