This quality of expansion touches on the second quality of globalization reflected in Steger's book tightening the gap of social relations, activities, and connections among global markets. ... The Age of Industrialization not only expanded the economies of developing nations, it also generated dramatic social changes that established new patterns of globalization. ... In addition to the new elite classes was an emerging, "middle class of small business owners, factory managers, engineers, and professionals," which benefitted greatly from industrialization (Berkley 500). ...

• Word Count: 1625
• Approx Pages: 7
• Has Bibliography
• Grade Level: Graduate

This definition would be somewhat comparable to the one given in the book "Going Global" in which globalization is said to affect "every aspect of life - economic, political, social, cultural and environmental" (Moynagh and Worsley, 2008). ... Furthermore, Mott, Shapiro and Steindl also show a clear rejection to the more classical/neo-classical opinion in their book "Rethinking capitalist development" as they explain that the monopolisation of big businesses like McDonalds is "endemic" to monopoly capitalism, which in turn causes stagnation within an economy: "The growth of international firms...

• Word Count: 2073
• Approx Pages: 8
• Grade Level: Graduate

Arthur Anderson, Enron's certified accountant, and one of the top accounting firms in the nation was also charged with obstruction of justice (giving a clean opinion to falsified financial statements), and ceased to exist after the collapse (Jickling). ... Enron created Special Purpose Entities (SPE's), otherwise known as off-book partnerships, and the executives used these partnerships to hide their large amounts of debt as well as record profits by taking out large loans in the SPE's name to purchase assets and conduct business without ever reporting the liability of debt on ...

• Word Count: 3410
• Approx Pages: 14
• Has Bibliography
• Grade Level: Graduate