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Brayden Grashuis
on Nov 28, 2024

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Globalization and financialization are both increasing but relatively independent trends in the world economy.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, affecting economies, cultures, and politics.

Financialization

The growing significance of financial sectors, financial motivations, financial organizations, and financial leaders in managing the economy and its regulatory bodies.

  • Comprehend the impact of globalization and financialization on the global allocation of power, income, wealth, and economic development.
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Whitney NafaamehDec 05, 2024
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