1. Globalization
"Globalization is not just some economic fad, and it is not just a passing trend. ... We need to understand it as such," as Thomas L. Friedman explains it in the first chapter of his renowned book. ... Globalization replaced this system with its own unique attributes. ... According to Friedman, the main idea of globalization is the promotion of free-market capitalism. ...
- Word Count: 614
- Approx Pages: 2