Globalization as a process of transformation on economy brought many changes to Russia’s economy and society. These changes were either good or bad but Russians suffered them both because it affected their culture and economic status. Every country must have gone through changes of transformation because of globalization. To the third world countries, globalization is helping them get closer to the developed world as they get more information on technology, better economy and better ways of socialization through education and civilization. Most of these transformations resemble the dramatic changes that Russia received because of globalization. In the first ...
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The diamond industry has gained popularity as well as the industry becoming a lucrative one for the selected few. A great advantage fell on those companies that were formed at the onset of realization of the value of diamond. De Beers was one among those that were lucky to strike gold with the rich deposits in South Africa. This realization made the company to gain dominion over the market as far as the amount of diamond in the market was concerned. With respect to this, De Beers was placed in a position in the market to influence the prices to their ...