What Is Globalization and How Is It Playing a Significant

question 83

Essay

What is globalization and how is it playing a significant role in our lives?

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Definitions:

Mass Hysteria

A phenomenon where collective illusion of a threat spreads among a population, leading to fear and irrational behavior.

Tulipmania

A period in the Dutch Golden Age where contract prices for tulip bulbs reached extraordinarily high levels and then dramatically collapsed.

Asphyxiation

A condition arising from severely deficient supply of oxygen to the body that arises from abnormal breathing.

High Density Situations

Situations or environments where there is a high concentration of individuals in a given space, which can often lead to increased stress or social tension.