Over the past several decades, globalization has brought economical change, technological change and cultural change. From a global perspective, the interconnectedness of globalization can include increasing amounts of global trade, production processes, financial investments to political interaction, and social and cultural contact. As defined in the textbook, globalization is defined as the shift toward a more integrated and interdependent world economy. The national economies that were once separate entities and isolated from each other are now merging together and forming a more global and economic system. The trend towards greater globalization over the second half of the twentieth century can be explained by the decline of trade barriers, including international marketing and outsourcing, technological change, including communication and transportation, and international trade running the global economy.

Decline of Trade Barriers
One factor that aided the growth of......

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Title: Globalization
Approximate Word Count: 955
Approximate Pages: 4 (250 words per double-spaced page)

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