While Globalization Has Resulted in a Higher Standard of Living

question 1

Essay

While globalization has resulted in a higher standard of living for many people,its benefits have not been extended equally.Which theory do you think best explains why this is so and why?

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Definitions:

Objective Interactions

are interactions that are observed to occur in a predictable and measurable way, independent of subjective opinions.

Social Group

A collection of individuals who interact with each other, share similar characteristics, and collectively have a sense of unity or identity.

Acquaintanceship

A social relationship between individuals who know each other, but not to the extent of a close friendship.

Confidence

The feeling or belief that one can rely on someone or something; firm trust.