Asked by Kiana Cencula on Jun 17, 2024
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Increased globalization and financialization of world markets has created greater appreciation for country's unique differences and has allowed for greater preservation of unique social and political systems, cultures, standards, and ways of life.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, often resulting in increased connectivity and interdependence among global economies.
Financialization
The increasing influence of financial markets, financial motives, financial institutions, and financial elites on the economy and economic policy.
Political Systems
The framework of formal legal institutions that constitute a government or a state, determining how power is acquired, communicated, and exercised.
- Recognize the impact of increased globalization and financialization on world markets, unique cultural and social systems.
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Learning Objectives
- Recognize the impact of increased globalization and financialization on world markets, unique cultural and social systems.
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