Erstellt von Laura Overhoff
vor mehr als 9 Jahre
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Globalization is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalization has increased the production of goods and services. The biggest companies are no longer national firms but multinational corporations (MNCs) with subsidiaries in many countries.
Globalisation has been taking place for hundreds of years, but has speeded up enormously over the last half-century. Although globalisation is probably helping to create more wealth in developing countries, it is not helping to close the gap between the world’s poorest countries and the world’s richest.