Globalization is a product of the postmodern era, the transition from the industrial to the post-industrial stage of economic development, the formation of the fundamentals of the modern civilization. Globalization of economic life is the process of formation of a holistic world economy based on the development of extensive economic ties between firms, countries, and regions. Although globalization accelerates the development of humanity and is its consequence, it is a complex process that needs to be adapted and which creates a number of serious problems and difficulties. Such a rapid pace of change can be threatening, and most countries try to control or manage them.
Friday, March 9, 2018
ESSENCE OF GLOBALIZATION
Globalization is the cooperation of several countries with a view to obtaining a common positive result in the economy, politics, culture and other spheres of social life. Globalization is a controversial issue these days. Many countries began to develop rapidly due to globalization, and some, on the contrary, only worsened their economic situation. Nevertheless, this process is an important moment in the history of humankind and is of great value for modern society.
Globalization is a product of the postmodern era, the transition from the industrial to the post-industrial stage of economic development, the formation of the fundamentals of the modern civilization. Globalization of economic life is the process of formation of a holistic world economy based on the development of extensive economic ties between firms, countries, and regions. Although globalization accelerates the development of humanity and is its consequence, it is a complex process that needs to be adapted and which creates a number of serious problems and difficulties. Such a rapid pace of change can be threatening, and most countries try to control or manage them.
Globalization is a product of the postmodern era, the transition from the industrial to the post-industrial stage of economic development, the formation of the fundamentals of the modern civilization. Globalization of economic life is the process of formation of a holistic world economy based on the development of extensive economic ties between firms, countries, and regions. Although globalization accelerates the development of humanity and is its consequence, it is a complex process that needs to be adapted and which creates a number of serious problems and difficulties. Such a rapid pace of change can be threatening, and most countries try to control or manage them.
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