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Globalization

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Anti-globalizatation
photo Globalization support

Globalization support

The process of transformation of local or regional phenomena into global ones, beneficial spread of liberty and capitalism.
Globalization sceptic

Globalization sceptic

Opposition to the beneficial aspects of globalization.

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Globalization (or globalisation) in its literal sense is the process of transformation of local or regional phenomena into global ones. It can be described as a process of blending or homogenization by which the people of the world are unified into a single society and function together. This process is a combination of economic, technological, sociocultural and political forces. Globalization is often used to refer to economic globalization, that i, integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology.

 

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