Globalization means that nations worldwide are integrating and interacting with regard to Economics, finances, trade, and communication.
outsourcing replaces workers in developed nations with workers in developing nations
Technolological- of, or relationg to technologyGlobalization-growth to a global or worldwide scaleTherefore, technological globalization is the growth of the world through technology.
Globalization
Globalization is the process by which the economy and cultures of many nations become integrated. The rate of globalization has increased due to advances in technology.
One of the negative effects of globalization is that it increases energy consumption and increases environmental problems in the world. Another negative aspect of globalization is that it transfers wealth and jobs from developed nations to less developed ones. This reduces the buying power of developed nations.
Globalization means that nations worldwide are integrating and interacting with regard to economics, finances, trade, and communication.
share cultures products and economies.
Modern era globalization happened in the 19th and 20th centuries as a means for trade and to increase the economy. Globalization benefited a larger group of people and create jobs worldwide.
Globalization leads to interdependence among nations because it brings some nations money and others are brought into poverty. Globalization is good and bad for any nation.
globalization
outsourcing replaces workers in developed nations with workers in developing nations
Globalization- Growth to a global or worldwide scale; "the globalization of the communication industry"
outsourcing replaces workers in developed nations with workers in developing nations
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Globalization means all countries depend on each other in one way or another. However, a breakdown in a system in a developing country is bound to affect already developed countries negatively.
Technolological- of, or relationg to technologyGlobalization-growth to a global or worldwide scaleTherefore, technological globalization is the growth of the world through technology.
Globalization