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Globalization has also led to the development of global commodity chains    , where internationally integrated economic links connect workers and corporations for the purpose of manufacture and marketing (Plahe 2005). For example, in maquiladoras , mostly found in northern Mexico, workers may sew imported precut pieces of fabric into garments.

Globalization also brings an international division of labor, in which comparatively wealthy workers from core nations compete with the low-wage labor pool of peripheral and semi-peripheral nations. This can lead to a sense of xenophobia    , which is an illogical fear and even hatred of foreigners and foreign goods. Corporations trying to maximize their profits in the United States are conscious of this risk and attempt to “Americanize” their products, selling shirts printed with U.S. flags that were nevertheless made in Mexico.

Aspects of globalization

Globalized trade is nothing new. Societies in ancient Greece and Rome traded with other societies in Africa, the Middle East, India, and China. Trade expanded further during the Islamic Golden Age and after the rise of the Mongol Empire. The establishment of colonial empires after the voyages of discovery by European countries meant that trade was going on all over the world. In the nineteenth century, the Industrial Revolution led to even more trade of ever-increasing amounts of goods. However, the advance of technology, especially communications, after World War II and the Cold War triggered the explosive acceleration in the process occurring today.

One way to look at the similarities and differences that exist among the economies of different nations is to compare their standards of living. The statistic most commonly used to do this is the domestic process per capita. This is the gross domestic product, or GDP, of a country divided by its population. The table below compares the top 11 countries with the bottom 11 out of the 228 countries listed in the CIA World Factbook .

Not every country is benefitting from globalization. The GDP per capita of the poorest country is 255 times less than that of the wealthiest country. (Table courtesy of the CIA, World Factbook 2014)
Gross domestic product per capita
Rank Country GDP - per capita
(PPP)
1 Qatar $102,100
2 Liechtenstein $89,400
3 Macau $88,700
4 Bermuda $86,000
5 Monaco $85,500
6 Luxembourg $77,900
7 Singapore $62,400
8 Jersey $57,000
9 Norway $55,400
10 Falkland Islands (Islas Malvinas) $55,400
11 Switzerland $54,800
218 Guinea $1,100
219 Tokelau $1,000
220 Madagascar $1,000
221 Malawi $900
222 Niger $800
223 Liberia $700
224 Central African Republic $700
225 Burundi $600
226 Somalia $600
227 Zimbabwe $600
228 Congo, Democratic Republic of the $400

There are benefits and drawbacks to globalization. Some of the benefits include the exponentially accelerated progress of development, the creation of international awareness and empowerment, and the potential for increased wealth (Abedian 2002). However, experience has shown that countries can also be weakened by globalization. Some critics of globalization worry about the growing influence of enormous international financial and industrial corporations that benefit the most from free trade and unrestricted markets. They fear these corporations can use their vast wealth and resources to control governments to act in their interest rather than that of the local population (Bakan 2004). Indeed, when looking at the countries at the bottom of the list above, we are looking at places where the primary benefactors of mineral exploitation are major corporations and a few key political figures.

Questions & Answers

why we study sociology?
Chu Reply
there is a lot of reason that's why we study sociology ... there is no one specific reason I think it's enough to know why youstudy .. I think your question is subjective .
Ritu
what is law of trade
Ritu Reply
exchange of value
Sourabh
please could you explain it
Ritu
seller has value for money and buyer has a value for the product he wants hence the basic law of trade is exchange of value now the value accorded to an object can be subjective, but in modern capitalist society, the social and economical institutions have a monopoly of defining value
Sourabh
ok ok
Ritu
what is difference between factor and cause
Ritu Reply
cause is responsible for initiating a phenomena while factor is just one aspect of it. eg: If you want to find the cause of any phenomena, you will find it at the end of your research. But factors will be found during the process of determining the cause and can aid in it.
Sourabh
hmmm good job .and good observation
Ritu
what are the types of sociology
Jerry Reply
There are Two types of sociology. Namely 1) Qualitative sociology 2) Quantitative Sociology.
Syed
But there are sociological trends and theories which came into light over the period of time
Ashish
types can be classified on basis of methodology (qualitative, quantitative, interpretative) on basis of subject matter (sociology of crime, law etc) on basis of perspectives (conflict, structural-functionalist) also historical classification like modernism, post modernism etc.
Sourabh
Hey
Muhammad
every one hear
Muhammad
They are two types of sociology; 1, Basic (pure) sociology and 2,Apply sociology.
Mohamed
p lease if all of you don't mind .. could share your nationalities... may this helpfull in understanding about our culture ..
Ritu Reply
..
Ritu
Indian
Sourabh
may this platform can give us cultural and other relevant knowledge about our societies if we share
Ritu
may this platform can give usefull and relevant knowledge about our socities and cutures
Ritu
what is an approaches bro
Muhammad
what?
Ritu
Nigerian
Amoo
well done 👍 share guys
Ritu
don't worry there is no harm to share about nationalities
Ritu
Indian
SHIVAM
thanks 😊
Ritu
for sharing nationality
Ritu
😁
Amoo
oops I did not even tell about myself .I am fully indian
Ritu
Is that all?
Ritu
the different kind of term for collective behavior is a. groip with same thinking
LISA Reply
plz answer,The grades in various subjects of a student are given below .Testat 5%level of significance that there is sognificant difference ib grades.Mathematics= 72,80,83,75.Statistics=81,74,77,88.English=82,90,87,80.Research=74,71,77,70.
Asma
"same thinking" seems a bit too structured for collective behaviour which is spontaneous and unstructured.
Sourabh
crowd,social moments,moral panic,riots ,disaster,mobs,riots,mass hysteria ,fads and crazes are some kind of collective behaviour
Ritu
one example of collective behaviour like we sing national anthem
Ritu
Ritu verma you are right
Amoo
could all of you share about in which nationality you belong
Ritu Reply
please don't take it other way I am asking bcz it will be good for all to know about nationality since we connected due to this group ... And how many countries have this app spread, how many countries have people connected
Ritu
India
Himanshu
ok
Ritu
Where can find the exam past paper and exercises of sociology?
Sammi Reply
you may search in you tube ... there are some question papers available ..
Ritu
in the city of Pakistan
Abid
🙄🙄
Abid
😥😥😥
Abid
is there. no you tube
Ritu
pls what's today's discussion all about?
Ojewande Reply
every one can start any relevant topic on sociology... bcz every question is imp about society
Ritu
explain the term subculture
Peter
identify and explain four types of subculture in the school
Peter
explain why the status of the teacher is important in schools
Peter
explain the meaning of social stratification
Peter
a subculture is just what is sound like a smaller culture group within a larger culture; people of a subculture are a part of the larger culture but also share a specific identity with in a small group
Ritu
thousands of subculture exits within united state ethnic and racial share language,food and costume of Thier heritage
Ritu
social stratification means .. Differentiation of posts is the main belief of social stratification. Social norms are taught through social stratification.
Ritu
In social stratification, the relationship with different situations becomes part of the social system. In a stratified society, inequality is found in people.According to which some people are considered higher or lower than others
Ritu
respected sir u r asking about why a status of teacher is imp I'm schools.. sir Without a teacher, there cannot be a school. Even a society cannot imagine ... Ancient Time Selekar has changed the nature of the teacher so far. Values ​​did not decrease ..
Ritu
teachers are very important for make a future of students .. everyone comes in this world with some special power ... but He is a teacher who makes a student release his internal power ..
Ritu
Dr. APJ Abdul Kalam has told in one of his autobiography 'The Power of Prayer' that .." we came with a Divine Fire in Us."That Divine Fire cannot be achieved without teacher's help.
Ritu
what's is difference between premonition and foreknowledge
Ritu Reply
hello
suraj
g
Aimal
?
Ritu
difference between prescience and premonition is that prescience is knowledge of events before they take place; foresight; foreknowledge while premonition is a clairvoyant or clairaudient experience, such as a dream, which resonates with so
Aimal
hi
APARNA
in short foreknowledge is the knowledge of something before it's happened .and premonition a knowledgeof something is going to happen specially unpleasant
Ritu
..
Ritu
Hey bro
Muhammad
Who is the father of modern sociology
Shah Reply
who is the fat60f modern sociology
Shah Reply
Who is the father of sociology
Shah
august compte is called a father of sociology
Ritu
what can one become after studying sociology in Nigeria
Chisom Reply
What is the Socialization is culturally specific, but this does not mean certain cultures talking about?
Sammi Reply
yes
Kenneth
v
Kenneth
what is serfdom by Karl Marx
Ritu Reply
the condition of a tenant farmer bound to a hereditary plot of land and to the will of a landlord. it is Another form of slavery.
APARNA
thanks
Ritu
ghati and legory is markx
Abid

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Source:  OpenStax, Introduction to sociology 2e. OpenStax CNX. Jan 20, 2016 Download for free at http://legacy.cnx.org/content/col11762/1.6
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