Globalization is a term that describes the integration of various global economies, markets, industries, cultures and policy-making worldwide. In globalization, regional and national economies, cultures and societies come together through intertwined global network of trade, transportation, communication and immigration. In the past, globalization was mainly concerned the world economies such as trade, international capital flows, and foreign direct investments. However, the term has expanded to include broader perspectives such as health, media, environmental factors and even socio-political factors. On the other hand, capitalism refers to a system of trade and production that has a basis on wealth and property being on the ...
Essays on Abdullahi
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