Prospect and Setbacks of Globalization to National Economies in the New Century Introduction <Tab/>Globalization (or globalisation) in its literal sense is a social change, an increase in connections among societies and their elements due to, among others, the explosive evolution of transport and communication technologies. The term is applied to many social, cultural, commercial and economic activities. Depending on the context it can mean: (a)closer contact between different parts …showed first 75 words of 3423 total…

…showed last 75 words of 3423 total…Class: 91. COPYRIGHT <Tab/>1998 Institute of Race Relations; COPYRIGHT 2002 Gale Group. Leslie, D.A. (1995). Global scan: the globalization of advertising agencies, <Tab/>concepts, and campaigns. In Economic Geography. Volume: 71. <Tab/>Issue:4. Page Number: 402+. Levitt, T. (1993). "The globalization of markets". In Harvard Business Review, <Tab/>Vol.61 No. 3, pp. 92-102. www.encyclopedia.com www.monbiot.com www.phillyimc.org www.zmag.org