Forums Assignment Help what is globalization

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    what is globalization



    Globalization (or globalisation), although often described as the cause of much turbulence and change, is in fact the umbrella term for the collective effect, the change itself. Globalization (i.e. the aggregate change we observe in our factories, storefronts, indeed generally across our economies and lifestyles) is caused by four fundamental forms of capital movement throughout the global economy. The four important capital flows are:

    Human Capital (i.e. Immigration, Migration, Emigration, Deportation, etc.)

    Financial Capital (i.e. Aid, Equity, Debt, Credit & Lending, etc.)

    Resource Capital (i.e. Energy, Metals, Minerals, Lumber, etc.)

    Power Capital (i.e. Security Forces, Alliances, Armed Forces, etc.)

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