Globalization is a bottom-up phenomenon with all actions initiated by milions of individuals, the sum total of which is “globalization.” No one is in charge, and no one can anticipate what the sum of all the individual initiatives will be before the result manifest. A global economy can o...
and the economy on a global scale. The definition ofeconomic globalizationis the mixing and interdependence of markets across the world through the movement of trade, technology, and wealth. In the present world, the impacts of economic globalization influence other aspects of globalization, such as...
Related to global community:global village,Global society n (Government, Politics & Diplomacy) the people or nations of the world, considered as being closely connected by modern telecommunications and as being economically, socially, and politically interdependent ...
Topics discussed by leaders at the 2022 forum were the war in Ukraine, impacts on the global economy from the war and the COVID-19 pandemic, and the future of globalization. Also in the discussions were climate change, health, technology, entreprenuer and business roles, and what work will ...
The meaning of GLOBAL is of, relating to, or involving the entire world : worldwide. How to use global in a sentence.
globalization- growth to a global or worldwide scale; "the globalization of the communication industry" globalisation economic process- any process affecting the production and development and management of material wealth Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton Universi...
The meaning of GLOBALIZATION is the act or process of globalizing : the state of being globalized; especially : the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper
the division of labor, and resource availability reached natural limits.2Without economic growth, the expectation was that population growth would naturally stabilize. In practice, however, technology and the uneven nature of global economic development have enabled longer periods of growth than were eve...
An international organization that seeks to maintainstabilityin the globaleconomy. It does this primarily by monitoring thebalance of paymentsfor different countries and implementing restructuring agreements with countries in need of help. It was established byBretton Woodsin 1944. See also:Special Drawing...
The meaning of ECONOMY is the structure or conditions of economic life in a country, area, or period; also : an economic system. How to use economy in a sentence.