The Impact of Globalization

  1. 2. The merging of economies through the removal of barriers to trade and the establishment of agreements for the free flow of goods, services, and capital.
  2. 3. The coexistence and recognition of different cultural or ethnic groups within a society, promoting diversity and inclusivity.
  3. 7. The exchange and sharing of cultural practices, ideas, and values between different societies or regions.
  4. 9. The state of being everywhere or universally present.
  5. 10. The buying and selling of goods and services between countries or regions.
  6. 13. Companies that operate and have assets or facilities in multiple countries.
  7. 15. The spread and adoption of technological innovations across different societies or regions.
  8. 16. Something that stimulates or accelerates a process or change.
  9. 19. The creation or introduction of new ideas, methods, products, or processes.
  10. 20. The state of mutual reliance and dependence between individuals, groups, or countries.
  1. 1. An international organization that promotes and regulates global trade by establishing rules and resolving trade disputes.
  2. 4. A state of disturbance, turmoil, or significant change.
  3. 5. The quality of being characterized by constant change, progress, or activity.
  4. 6. Not restricted or limited by rules or regulations.
  5. 8. Differences or inequalities, particularly in terms of economic or social conditions.
  6. 11. The process of increasing interconnectedness and interdependence among countries through the exchange of goods, services, information, and ideas.
  7. 12. The removal or reduction of government restrictions or regulations on economic activities.
  8. 14. Relating to the present time or current period.
  9. 17. The allocation of resources, such as money or capital, into ventures or projects with the expectation of future profit.
  10. 18. To treat or push someone or something to the edges or outskirts, often resulting in their exclusion or decreased significance.