1. Globalization
The definition of globalization is explained in a variety of ways from free trade, capital mobility, erasure of national boundaries, less individual government intervention to being the solution to economic, social and political problems. ... The impact or potential impact that the necessity of globalization can have on the world today is that it will involve the implementation of free trade or some form of free trade which leads to free mobility of capital, more immigration, increased possibility for prosperity and the probability of raising living standards especially in third world countr...
- Word Count: 645
- Approx Pages: 3
- Grade Level: Undergraduate