Globalization

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THE POSITIVE AND NEGATIVE SIDES OF GLOBALIZATION INTRODUCTION Globalization is a word we are hearing more often these days. Thomas L. Friedman, author of The Lexus and the Olive Tree, describes globalization as a movement that enables individuals, corporations, and countries to reach around the globe farther, faster, deeper, and cheaper than ever before. It is the spread of free market capitalism to virtually every country in the world. With current technological advancements, globalization has …

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