Globalization connected economies and cultures from "summary" of The Story of Mankind (Updated Edition) (Liveright Classics) by Hendrik Willem van Loon,John Merriman
Globalization is the process by which various economies and cultures around the world become interconnected. This phenomenon has been driven by advancements in technology, transportation, and communication, which have made it easier for people and goods to move across borders. As a result, economies are no longer isolated entities but are instead part of a larger global network. One of the key aspects of globalization is the interdependence of economies. Countries now rely on one another for resources, labor, and markets. This interconnectedness has led to the rise of multinational corporations that operate across multiple countries and continents. These corporations have played a significant role in shaping the global economy, as they have the resources and influence to impact markets on a global scale. Furthermore, globalizati...
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