Tuesday, June 25, 2013

Globalization like a movement


Globalization is the worldwide movement to increase the flow of goods, services, people, real capital, and money across borders in order to create a more better world economy. After this,but let take a look at trade during modern time and how it has affected today’s economy.  Trade networks have always followed the trends of politics, economics, technology, and most importantly culture.  Moreover, luxury goods demanded by elites encouraged trade to gain momentum between different countries.  Soon, economics became so interconnected that World Systems became dependent on each other. furthermore, it also help to decrease gap between various countries.



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