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Globalization (21st Century (Internet, Improvements of transportation,…
Globalization
Worldwide movement
Trade
Goods and Services
Financial
Capital
Communication Integration
Information Technology
Economic
Economic Development
Prominence
1980's
New Phenomenon
Millenia
Roman Empire
21st Century
Internet
Improvements of transportation
Freedom of trade
Availability of labor
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Democracy
Popular Culture
Developing Country Business
Entrepreneur
Great opportunities
New ideas
Open new markets
Less industrialized country
Growth of international trade
Exacerbating income inequalities
Transnational corporations
Protectionist policies
Volume and volatility of capital flows
Countries
Trade
Produce surplus
Developing and exploiting domestic scarce resources
Division of labor
Specialisation
Leaders and Communities
Continue to increase
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New opportunities
Challenges will arise
Increasingly interconnected
