Asked by Leslie Nguyen on Jun 24, 2024
Verified
What sorts of economic ideals does the process of globalization overwhelmingly reward?
Economic Ideals
Principles or standards of economic behavior that are considered optimal or desirable by a society or individual, often guiding economic policies or personal financial decisions.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to more interconnected and interdependent world economies.
- Identify and demonstrate the ways in which daily life is affected by globalization.
- Examine the impact of international businesses on worldwide economic structures, workforce dynamics, and environmental conditions.
Verified Answer
KW
Kaitlyn WalshJun 28, 2024
Final Answer :
The process of globalization has rewarded those countries best able to implement capitalist ideals,not only internally but by establishing colonies around the world to supply the raw materials necessary to fuel their own industrial growth.To further explore globalization,we must appreciate how technological innovations and political and economic changes combined to create an environment so conducive for its growth.
Learning Objectives
- Identify and demonstrate the ways in which daily life is affected by globalization.
- Examine the impact of international businesses on worldwide economic structures, workforce dynamics, and environmental conditions.