Sunday, May 10, 2009

GLOBALIZATION - A DEFINITION

Try to give a precise definition of "GLOBALIZATION"

9 comments:

  1. Sample Comment,
    u39sw

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  2. globalization – a definition:
    Globalization is the process of international connection in economy, politics,
    Culture, environment and communication

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  3. Globalization is the name of a process of multicultural connection between different culturs all around the world to improve the world economy, politics, culture, environment and communication!

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  4. nice statement , Fritzl.
    But cultures is written with an `e´

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  5. Globalization is a conspiracy created by "the man" to keep Mr. Herrman oppressed. (Just Kidding!)

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  6. Globalization is the process which all the country's in this world come together to share and try and improve on the world economy as a whole.

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  7. to extend to other or all parts of the globe; make worldwide: efforts to globalize the auto industry.

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  8. Worldwide movement toward economic, financial, trade, and communications integration. Globalization implies opening out beyond local and nationalistic perspectives to a broader outlook of an interconnected and inter-dependent world with free transfer of capital, goods, and services across national frontiers. However, it does not include unhindered movement of labor and, as suggested by some economists, may hurt smaller or fragile economies if applied indiscriminately.

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  9. The tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe, thereby increasing the interconnectedness of different markets.

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