Globalization implies a growing acceptance of capitalism worldwide.

Question

Quizplus · Accepted Answer

Globalization is characterized by the interconnectedness of economies and the increased flow of goods, services, and capital across borders. Capitalism, which emphasizes private ownership and market competition, has been a driving force behind this global economic integration. As such, globalization can be seen as promoting the acceptance and spread of capitalist economic systems throughout the world.

Globalization Implies a Growing Acceptance of Capitalism Worldwide