What Really is Globalization?
Words: 920 Pages: 3 6212What really is globalization? The Merriam-Webster dictionary defines globalization as the act or process of globalizing: the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets. However, there is also another view on globalization as the growth of the sizes of social systems and the increase in the complexity of intersocietal links. Thus, in certain respects, globalization may be regarded as a process connecting the […]