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What is Globalization vs Localization Explained about?

The document discusses globalization versus localization. Globalization is defined as the increasing integration of national economies through trade and investment rules that reduce barriers, while localization is a process that favors the local by ensuring goods and services are provided locally when reasonable. While globalization increases corporate power and profits at the expense of communities, the environment, and inequality, localization aims to increase local control and prioritize local economic d

Author

rushin202003

Language

EN