Examlex
The net asset value (NAV) per share of a mutual fund is determined by the market value of securities owned minus liabilities divided by the number of mutual fund shares outstanding.
Technological Determinism
The theory that technology is the principal factor driving societal changes and shaping societal structure and cultural values.
Globalization
The cultural and economic changes resulting from dramatically increased international trade and exchange in the late twentieth and early twenty-first centuries.
Cultural Diffusion
The spread of cultural beliefs and social activities from one group to another, often leading to cultural assimilation or changes.
Homogenization
The process through which diverse elements are blended into a uniform mixture, often used to describe cultural or biological assimilation and standardization.
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