11/24/2023 0 Comments Impacts of globalization quizletToday, we are divided into separate countries, each looking out for its own national self-interest. Figure 14.2 Bye floating market in Thailand Globalization, however, has existed for centuries by way of evolving trade routes, including the slave trade, colonization, and immigration. The term was first used in the early 1950s to recognize the increasing interdependence of economies and societies around the world. Globalization can also be simply described as the movement of goods, ideas, values, and people around the world. (Campbell, MacKinnon, & Stevens, 2011, p.4) A complex web of social processes that intensify and expand worldwide economic, cultural, political and technological exchanges and connections.
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