Some economic heterogeneity exists under the conditions of globalization; although it is mostly local markets that are either culturally commodified or specially tailored to because of their uniqueness.

Economic Heterogeneity

The existence of variations in economic attributes among individuals, groups, regions, or countries, leading to differences in wealth, income, and economic opportunities.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence of the world's economies, cultures, and populations.