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M1 Lesson 3-Theories of Globalization While-Task 1

1. Liberalism supports free trade and private property rights as necessary for economic development. Realism views states as primarily pursuing their own interests in international relations through power. Marxism sees capitalism as the main factor linking global economies, but values are based on labor. Constructivism proposes that knowledge is constructed through history and current events rather than just absorbed.

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0% found this document useful (0 votes)
2K views3 pages

M1 Lesson 3-Theories of Globalization While-Task 1

1. Liberalism supports free trade and private property rights as necessary for economic development. Realism views states as primarily pursuing their own interests in international relations through power. Marxism sees capitalism as the main factor linking global economies, but values are based on labor. Constructivism proposes that knowledge is constructed through history and current events rather than just absorbed.

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Jean Santos
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Jean Elisha Santos

DMD 2A

M1 Lesson 3: Theories of Globalization | While-task 1

1. With the use of online research, construct two (2) definitions in your own words of each of the
hereunder theories of globalization.
a) Liberalism - Liberalism includes a number of ideas, opinions and viewpoints on how organizations,
practices, and economic linkages limit and reduce governmental violence. Liberalism is founded on the
moral premise that the primary objective of government is to protect an individual's right to liberty,
freedom, and property.
b) Realism - Realism is a method of studying and doing global affairs. According to realism, global
governance is essentially a mechanism for big international capabilities to preserve the gap between the
least and also the most powerful nations.
c) Marxism - Marxism is the global expansion of capitalism in pursuit of new opportunities. It is an
economic and political concept in which there are no classes in society.
d) Constructivism - Constructivism is the idea that states that instead of just simply absorbing information,
learners generate knowledge. Constructivism is a sociological concept that proposes that ideological
variables impact important elements of foreign affairs.
e) Postmodernism - Postmodernism is based on critical analysis, that examines the cultural influences of
ideology, economy, and history. Postmodernists regard the media as important to world economy,
emphasizing the beneficial impacts of media globalism on community.

2. Fill out the table matrix provided below by comparing and differentiating how the essential
characteristics were best observed in the identified theories of globalization.

State Power/ the Strong Personal


Market Central Popular Culture:
Conduct of Unique Identity
Economy/Free Planning and Generation X &
Theories of International and
trade and Public Millenials'
Globalization Relations: Consciousness
Private Ownership of Craze. Fads and
Consular & amid
Property  Property  Trensendsetting
Diplomacy Hyperglobalism
This theory
supports this
category This is an
because it In this theory, original belief It tends to check
This theory
believes that state authority is that is still and restrict
lacks safe
property rights mostly prevalent in government
property rights,
is necessary for dependent on popular culture authority in order
and others argue
the development the people since most to ensure that
1. Liberalism that central
of a thriving because it is people generally every individual's
planning is
society. It is their personal accept other rights are the goal
practically
founded on choice to people's and priority of
impossible to
substantial believe the perspectives, the government
implement.
support for a government. although it is not to uphold.
market economy well-known.
based on
individualism.
This approach According to
This concept is
contends that this concept,
also a typical It does not
free enterprise foreign affairs
one, therefore it support
and regulations are primarily
is occasionally centralized global
may be utilized Realist theory formed by
present in power since it
2. Realism to remedy has no central rivalry, and as a
popular culture emphasizes the
domestic issues planning. consequence,
but nonetheless, interests of the
while also nations' own
dependent on people in that
promoting interests will be
the interests of country or state.
emerging sought to keep
the nation.
enterprises. improving.
This concept
Although this states that
This concept
theory argues private Capitalism is
describes how
that capitalism ownership mostly what This theory
nations stand up
seems to be the enables the links nations remains valid as
to solve issues
significant owner to profit together as they millennials
3. Marxism and meet people's
factor, it bases from the labor strive and utilize trends to
basic needs by
the value of a of others while attempt to benefit through
launching various
product on the simultaneously establish trade capitalism.
economic
quantity of allowing the partnerships.
enterprises.
work. owner to live a
pleasant life.
As governments
provide
This concept is
knowledge
seen to be
The central formed by
especially
planning is history and
It has an impact applicable to This idea
founded on present events,
on economic today's youth. proposes that any
studies and this idea
4. reality through a Because it state may have
firsthand enhances
Constructivism shared or allows people to various interests
observation of foreign affairs.
personal conduct research and social
the people who It teaches
creation. and participate orientations.
live in that individuals why
in the design of
nation. a given scenario
their learning
is occurring but
opportunity.
not what they
should be doing.
Since the media
This approach
is a method of Due to the sheer
boosts the
interacting with This concept need for
state's
people and This theory's promotes and increased
responsibility to
having a central planning creates trends by capacity to adapt
5. improve what
commerce on relies on the utilizing media and modify in
Postmodernism the country
social media, utilization of to reach the a changing world,
possesses,
this idea also media. majority of this concept has
which improves
allows for free people. an ever-
ties with other
trading and changing identity.
countries.
private property.

 
3. In 100 words, write an analysis based on the result of the learning task. Add a plagiarism scan result.

I have learned a lot of things from the activities are focused on globalization theories. All of the theories may
have a remarkable influence on market economies of respective governments, and they only differ in
several ways. The theories are unquestionably accurate since certain traditional theories are still in use today
and others have been enhanced by the use of contemporary technology and media. Moreover, each have their
own fundamental ideology, which may contribute to the economic growth of their own government as well as
its relations with others. Furthermore, these theories may continue to exist as long as there is a state that
acknowledges and implements them.

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