Analyze the five factors of globalization

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Reference no: EM132907904

There are 5 factors and drivers that contributed to shaping globalization such as political, technological, market, cost, and competition. These factors are responsible for flattening the world. It is essential to know the potential sources of globalization because the contribution of these factors is not uniform across the globe. The extent and intensity of globalization is found to be different among countries and regions. This indicates that the factors which drive the process of globalization may affect differently across developed and developing economies owing to the structural condition of one's country.

Direction:

A. Choose a country, which will be your subject of the study/ research. Give a brief introduction about your chosen country.

B. Study and analyze the five factors of globalization using your chosen country.

C. For a better understanding of each driver of globalization, you may site or give example/s that is still related or to your chosen country.

D. After analyzing all the drivers of globalization, state your opinion if globalization, in general, is really good or bad. Defend your answer

Reference no: EM132907904

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