"McDonaldization" or "Coca-Colonization" of the world refers to the idea that globalization can alter people's norms, values, and behaviors, which may tend to homogenize over time.

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The statement accurately describes the concept of McDonaldization or Coca-Colaization, which suggests that globalization can lead to cultural homogenization and a convergence of values, norms, and behaviors across different societies. This phenomenon is often associated with the spread of American fast food chains and other global brands that promote a standardized and uniform consumer culture around the world.

"McDonaldization" or "Coca-Colonization" of the World Refers to the Idea