Explain clearly the 3 slides/picture. Economic GlobalismGlobalizationEconomic GlobalizationExplain the information on the picture. ECONOMICGLOBALISM• is the increasing economic integrationand interdependenceofnational,regional , and local economies acrossthe world through an intensification ofof goods,cross-bordermovementservices, technologies, and capital.GLOBALIZATION• is a broad set of processes concerning multipleof economic, political, and culturalnetworksinterchange, contemporary economic globalization ispropelled by the rapid growing significance ofinformation in all types of productive activities andmarketization, and by developments in science andtechnology.ECONOMIC GLOBALIZATION• primarily comprises the globalization of productionand finance, markets and technology, organizationalregimes and institutions, corporations and labor.• is one of the three main dimensions of globalizationcommonly found in academic literature, with the twoother being political globalization and culturalglobalization.

Globalization: It can be defined as the interaction among people globally, countries and people can…

Answered: Explain clearly the 3 slides/picture.…

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Explain clearly the 3 slides/picture. Economic Globalism Globalization Economic Globalization

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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