Understanding Globalization

Globalization can refer to the fields of economy and trade, technology, politics, and culture.

Globalization is a worldwide system that describes the interaction and changes that unite people, companies, governments, and countries around the world.

At present, technology and implemented policies accelerate this system.

<p>Some scholars believe that the origins of globalization took place before the European Age of Discovery and exploration of the New World.</p> Signup and view all the answers

<p>The term 'globalization' first appeared in the first half of the 20th century.</p> Signup and view all the answers

<p>Globalization makes local or national customs spread and become global.</p> Signup and view all the answers

<p>The word 'globalization' originated from the Spanish word 'globalización' which means a process where economies and markets, with the development of communication technologies, acquire a global reach.</p> Signup and view all the answers

<p>In general, globalization is a 'global process.'</p> Signup and view all the answers

<p>The significant impact of globalization began in the 1820s until the late 19th century.</p> Signup and view all the answers

<p>The early use of the term 'globalization' is often associated with the economist François Perroux in the 1960s.</p> Signup and view all the answers