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Give a reasoned definition of "globalization."
Since its first appearance in the Webster dictionary in 1961 , the term "globalization" has very
quickly made its way into the standard vocabulary. As Anthony Giddens puts it, it almost appears that the word "has come from nowhere to be everywhere" . But nevertheless, its importance and relevance in today's society is undisputed, which can be seen by its constant usage in relation to various developments and trends in the world, describing things from the spread of McDonalds throughout the world, the stock exchange market and Hollywood to
music and DVD piracy in the Internet, Coca Cola and…
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