Following you’ll find two definitions of globalization:

globalization:
1) refers to the increasing economic integration and interdependence of countries. Economic globalization in this century has proceeded along two main lines: trade liberalization (the increased circulation of goods) and financial liberalization (the expanded circulation of capital).

2) The process of worldwide integration of economic or political systems. Economically, globalization is driven by free trade and foreign investment. The concept of globalization can also be applied to cultural products (such as movies or music) or values (such as beliefs about human rights).

Our discussion topic for the week is: Overall, do you think globalization is positive or negative? Does it increase standards of living around the world, or suffocate other cultures under an onslaught of Big Macs and Coca Cola?

Read up a little about Globalization by Googling that term. Then support your opinion with specific examples.

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