Globalization could possibly be defined as modern age colonialization.
This means obtaining the products of the subject country, that are desired by the host, at a bargain price. The issues of the subject country are taken into account, only so far as to keep them submissive.
Benefits may accrue, but they are difficult to quantazise. The effects may be quite different to the well being of the host and subject country. It sort of depends who is propagandizing the effects.
Durgan.
This means obtaining the products of the subject country, that are desired by the host, at a bargain price. The issues of the subject country are taken into account, only so far as to keep them submissive.
Benefits may accrue, but they are difficult to quantazise. The effects may be quite different to the well being of the host and subject country. It sort of depends who is propagandizing the effects.
Durgan.