In the past few decades the controversial topic of globalisation has become a dominant economic, political and social issue. The concept of Globalisation can be defined as the process of all the individual states, cultures, religions and especially economies coming together to form one single entity. Economic globalization which is the spread and integration of markets, corporations and trade into foreign areas is probably the most popular and widely debated aspect of globalization. The way …
showed first 75 words of 789 total

showed last 75 words of 789 total
…countries, as well as an increase in the development of all aspects of economic activity. Global poverty has decreased whilst employment and national income have, on the other hand, increased. Moreover, globalization has led to integration of the Third World countries into the common system of economy. Besides, new technologies and up-to-date knowledge have brought all countries of the world to a higher level of education. Thus, the benefits of the process cannot be denied.