What are the main characteristics of globalization?
Understand the Problem
The image provides information about globalization, its characteristics, and its impacts on economies and cultures around the world. It outlines key aspects such as free trade, international trade, technological advancements, multinational corporations, cultural exchange, financial markets, migration, and global supply chains.
Answer
Free trade, international trade, technology, corporations, cultural exchange, financial markets, migration, global supply chains.
The main characteristics of globalization include free trade, increased international trade, advances in information and communication technology, multinational corporations, cultural exchange, interconnected financial markets, migration and labor mobility, and global supply chains.
Answer for screen readers
The main characteristics of globalization include free trade, increased international trade, advances in information and communication technology, multinational corporations, cultural exchange, interconnected financial markets, migration and labor mobility, and global supply chains.
More Information
Globalization enhances the integration and interconnection of markets, cultures, and technologies across borders, boosting economic growth and cultural exchange.
Tips
A common mistake is to overlook the cultural and technological aspects, focusing only on economic factors.
Sources
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