Globalization reflects the spread of free-market capitalism.

Question

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Globalization is often associated with the free movement of goods, services, and capital across borders, which is a key feature of free-market capitalism. Advocates of globalization often argue that the spread of free-market principles can promote economic growth and development, while critics contend that it can exacerbate income inequality and undermine labor and environmental standards.

Globalization Reflects the Spread of Free-Market Capitalism