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Globalization is a process of integration and exchange that results in closer interdependencies between nations. It is a process that has occurred throughout history since the very first interactions between communities, societies, cultures, nations and civilizations. The following are common types of globalization.
TradeCommercial exchanges between companies and individuals that cross borders.TransportationInternational transport links such as roads, train networks and airports.CommunicationThe integration of telecom networks and ability to communicate seamlessly on an international basis.CultureExchanges of culture and development of common super cultures such as sport and music.
CapitalThe ability to invest in other countries.TechnologyThe integration of technology and networks such as the internet.KnowledgeThe sharing of knowledge and know-how.ScienceInternational cooperation in areas such as space exploration.ImmigrationThe potential to live, work and study in other countries.LawThe development of common policies and agreements in areas such as trade and environment.|
Area | | Definition | A process of integration and exchange that results in closer interdependencies between nations. | Related Concepts | |
International Economics
This is the complete list of articles we have written about international economics.
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A list of global issues.
A list of countries by GDP.
An overview of the topics covered by international economics.
The net gain achieved by countries, organizations or individuals from trade.
The definition of common goods with examples.
The definition of international economics with examples.
The definition of currency war with examples.
An overview of comparative advantage with examples and comparisons.
An overview of global culture with examples.
A complete overview of free markets.
The definition of economic change with examples.
An overview of business culture with examples.
An overview of cosmopolitanism.
An overview of saving face.
A definition and overview of the term ethical climate.
A definition of genchi genbutsu with examples.
The definition of decorum with examples.
A vocabulary for describing work culture.
A useful list of business values.
The definition of expert culture with examples.
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