Globalization: Difference between revisions
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Globalization is perpetually occurring modern economic phenomenon in which firms expand their production and distribution to countries beyond their initial borders. It is a subject of significant controversy, as political and economic groups tend to disagree about the true cultural effects caused by globalization. Globalization expands the issues of international trade, causing tension between nations. | Globalization is the perpetually occurring modern economic phenomenon in which firms expand their production and distribution to countries beyond their initial borders. It is a subject of significant controversy, as political and economic groups tend to disagree about the true cultural effects caused by globalization. Globalization expands the issues of international trade, causing tension between nations. | ||
Latest revision as of 20:59, 26 March 2013
Globalization is the perpetually occurring modern economic phenomenon in which firms expand their production and distribution to countries beyond their initial borders. It is a subject of significant controversy, as political and economic groups tend to disagree about the true cultural effects caused by globalization. Globalization expands the issues of international trade, causing tension between nations.