18.2 Globalization and the Economy

By the end of this section, you should be able to:

  • Define globalization and describe its manifestation in modern society
  • Discuss the pros and cons of globalization from an economic standpoint
A city skyline is shown here.
Figure 18.9 Instant communications have allowed many international corporations to move parts of their businesses to countries such as India, where their costs are lowest. (Credit: Wikimedia Commons)
This lesson has no exercises.

The content of this course has been taken from the free Sociology textbook by Openstax