ADM 1300 Lecture Notes - Lecture 3: Masculinity, Decision-Making, Small Power
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The merging of national economies into a independent global economic system, interconnectedness between societies. A globalized world is one in which political, economic, cultural and social events become more and more interconnected. In other words, the emergence of a single global economic system influenced by a multitude of complex & unique stakeholders. Globalization is the trend away from distinct national economies towards an integrated and interdependent world economy in terms of markets, production and consumers. 4 points of view on globalization: pro-globalists. Globalization as a natural and inescapable process. Will be with us for a long time. Global businesses have evolved into integrated supply-demand chains that satisfy. Multinational corporations supported by weak-willed national governments act only for. Only serves the interest of the powerful and wealthy, and that it must be stopped. consumer needs better than ever before. The modern corporation is more efficient and effective relative to antiquated governmental bureaucracies. their own benefit.