Globalization is a combination of social, economic and cultural changes and is the most important cause of current income disparities.

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Globalization is a complex process that involves the increasing interconnectedness and interdependence of countries and peoples. It has been driven by advances in transportation, communication, and technology, and has led to a number of changes in the global economy, including increased trade and investment, the spread of multinational corporations, and the emergence of global financial markets. These changes have had a significant impact on income disparities, both within and between countries.

Globalization Is a Combination of Social, Economic and Cultural Changes