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What Is Globalization 1

What is Globalization

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Title: What is Globalization

Essay Details:

Subject: Business

Author: Edward B

Date: November 12, 2010

Level:

Grade: A

Length: 2 / 322

Essay text:

Globalization as liberalization. Globalization refers to 'a process of removing government-imposed restrictions on movements between countries in order to create an "open", "borderless" world economy' (Scholte 2000) iii. Globalization as universalization. In this use, 'global' is used in the sense of being 'worldwide' and 'globalization' is 'the process of spreading various objects and experiences to people at all corners of the earth'. A classic example of this would be the spread of computing, television etc. iv. Globalization as westernization or modernization. Here 'globalization' is understood as a dynamic, 'whereby the social structures of modernity (capitalism, rationalism, industrialism, bureaucratism, etc...

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