Globalization refers to the increasing interconnectedness and interdependence of countries through the exchange of goods, services, information, and ideas on a global scale.
Think of globalization as a giant web that connects different parts of the world. Just like how a spider's web links various points together, globalization links countries and people across borders.
Cultural Diffusion: The spread of cultural beliefs, practices, and ideas from one society to another.
Economic Interdependence: The mutual reliance between countries for economic resources and trade.
Transnational Corporations: Large companies that operate in multiple countries and have production facilities or branches around the world.
What is one example of a country that has been the target of economic sanctions as a challenge from globalization, particularly in response to its invasion of another country in 2022?
Which aspect of globalization can disrupt the economic ideology of a nation?
How do governments respond to the challenges of globalization on sovereignty?
How can the interaction with other countries through globalization affect a government's legitimacy?
What does the process of globalization make easier for countries regarding natural resources?
What positive impact has globalization and economic liberalization had on nations?
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