Contemporary workd

it is a circumstances and ideas of the present age; modern world or present times. It is an ever-changing mix of social and political change.

is a term used to describe the changes in societies and the world economy that are the result of dramatically increased trade and cultural exchange. In specifically, economic contexts, it refers almost exclusively to the effects of trade, particularly trade liberalization or “FREE TRADE”

refers to the both the creation of new social networks and the multiplication of existing connections that cut across traditional political, economic, cultural, and geographic boundaries.

refers to the expansion, stretching, and acceleration of networks.

is a widespread belief among powerful people that the global integration of economic markets is beneficial for everyone as it spreads freedom and democracy across the world.

the best scholarly description of globalization is provided by him. He described the process as the expansion and intensification of social relations and consciousness across world time and across world-space.

global movement of people

flow of culture

- mechanical goods and software

- money