Asked by Cassie Thompson on Apr 27, 2024
Verified
Globalization theorists who focus on economics emphasize the spread of _____. Select all, but only those that apply.
A) cultural imperialism
B) neoliberalism
C) capitalism
D) markets
Neoliberalism
An economic and political ideology that emphasizes the importance of free-market capitalism and reducing the role of government in economic affairs.
Cultural Imperialism
is a concept referring to the domination of one culture over another, often through media and cultural forms, leading to the imposition of the dominant culture's values and practices on the subordinate culture.
Capitalism
An economic system characterized by private ownership of the means of production, profit motive, and market competition.
- Understand different economic models pertinent to globalization, namely neoliberalism and capitalism.
Verified Answer
Learning Objectives
- Understand different economic models pertinent to globalization, namely neoliberalism and capitalism.
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