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What is Understanding Globalization: Key Concepts about?

The document discusses two main types of globalization: 1) Economic globalization, which refers to increasing international trade and investment between countries, and 2) Cultural globalization, whereby communication technologies allow for spread of cultural practices across borders. While globalization increases economic interdependence, it also leads to some degree of homogenization and westernization of local cultures through spread of mass media. However, cultures with deep histories, like in India, ret

Author

SPD TIWARI

Language

EN