Which three of the following are examples of economic globalization

Asked by maham237 @ 19/07/2021 in History viewed by 680 People

a New York art gallery exhibiting paintings by artists from Texas

an American freelance web designer building websites for Asian clients

a man growing tomatoes in his backyard and selling them to neighbors

an Indian engineer moving to the United States for a job with NASA

a Thai makeup artist ordering lipsticks online from Paris

Answered by maham237 @ 19/07/2021

The correct options are:

1. an American freelance web designer building websites for Asian clients.

2. an Indian engineer moving to the United States for a job with NASA.

3. Thai makeup artist ordering lipsticks online from Paris.

Economic globalization is one of the three most important dimensions commonly mentioned in the academic literature, with the other two being political globalization and cultural globalization, as well as the general term of globalization, which refers to the growing economic integration and independence of national, regional and local economies around the world through an intensification of border transactions of goods, services, technologies and capital. While globalization is an extensive set of processes in the relationship with multiple economic networks, policies and cultural exchanges, contemporary economic globalization is driven by the rapid and significant growth of information about all types of productive activities, marketing and development of science and technology.

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