Globalisation (n) is the “process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improve communications” (Collins) or from the US to “make worldwide in scope or application (Webster).
In the late 1980s, something that was globalized was an entity that had more than just an economic impact on the parts of the world it touched. There are many anti-globalisation arguments that argue against the methods many big businesses use in attaining globalization such as low paid labour, sweatshops selling off state-owned property to qualify for loans and many are worried about the low input of the public on big business decisions.
So here's the paragraph we wrote at the beginning, how does everyone feel about it now? Personally I think that this barely even scratches the surface, there's so much more that we didn't even consider at the beginning that we've learnt now. I also think Globalisation is pretty much impossible to define!
- Claire
yeah, you're right. i think it's quite easy to say when something is related to globalisation or is a product of it, but it's hard to define what it is as a whole
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