GLOBALIZATION

4. Because of the capital being brought to the country by the large foreign investors, a number of Filipinos became employed, being employed.
6. is referred to as exchange of goods, services and capitals.
8. Two countries trading products, services and capitals between them eventually form cooperation of a political nature.
10. Multinational corporation bring to our country not only material goods but their culture as well. Subtly imbedded in every finished products is the introduction of a new culture.

1. engraved in every Filipino as a result of country’s colonization.
2. It is said that benefits can be gained in trading products, services and capitals with the other countries because the number of products one can choose from the market increases significantly.
3. An organization that regulates and facilitates international trade between nations.
5. One of the aspects of globalization. It was organized to help all countries about their territorial disputes in other countries which created different diplomatic agreements, embassy.
7. One of the aspects of globalization. They formed different institution and organization like World Bank, International Monetary Fund, GATT – WTO to control the economy of the world.
9. refers to extensive mechanization in the production system which resulted into shift from land-based manufacturing to a large scale factory production.