Definition Of Globalization Quizlet

Learn vocabulary terms and more with flashcards games and other study tools. Globalization definition important a process that connects and unites people around the world in the realization that everyone share the same needs and aspirations. Globalization a form of cultural integration that is usually defined in terms of economics but also encompasses cultural biological and political homogenizatino on a global scale.

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In economic terms it describes the loosening of barriers to international trade.

Definition of globalization quizlet. Globalization is the spread of products investment and technology across national borders and cultures. The definition of globalization. The increasing importance of globalization as an issue. Globalization is a process of interaction and integration among the people companies and governments of different nations a process driven by international trade and investment and aided by information technology this process has effects on the environment on culture on political systems on economic development and prosperity and on human physical well being in societies around the world.

Learn ib business globalization with free interactive flashcards. Start studying international relations chapter 1 the globalization of international relations. The term is often used to describe the process by which dominant cultures exert social political and economic influence on other nations and cultures. Start studying globalization definition.

No precise widely agreed definition including increasing economic integration cultural exchange technological diffusion etc. It began decades ago but accelerated dramatically over the past 10 years as the price of computing power fell and the world became an. It is promoted by anything that results in a global village in which everyone becomes global citizens with a direct stake in global issues. Choose from 500 different sets of ib business globalization flashcards on quizlet.

The map shows the world s gross domestic product. Learn vocabulary terms and more with flashcards games and other study tools. Globalization helps create new forms of transportation communication and technology. Based on the map which is the best conclusion that can be drawn about the economies of the us and china.

The simple definition of globalization is the interweaving of markets technology information systems and telecommunications networks in a way that is shrinking the world from a size medium to a size small.