Asked by Pankaj Bhardwaj on Jun 02, 2024
Verified
The term to describe the simultaneous homogenization of some aspects of life and the strengthening of some local differences under the impact of globalization is
A) McDonaldization
B) regionalization
C) glocalization
D) neoliberal globalization
E) imperialism
Glocalization
The simultaneous homogenization of some aspects of life and the strengthening of some localdifferences under the impact ofglobalization
Neoliberal Globalization
A policy that promotes private control of industry, minimal government interference in the running of the economy, the removal of taxes, tariffs, and restrictive regulations that discourage the international buying and selling of goods and services, and the encouragement of foreign investment.
McDonaldization
A form of rationalization. Specifically, it refers to the spread of the principles of fast-food restaurants, such as efficiency, predictability, and calculability, to all spheres of life.
- Understand the concept of glocalization and its significance in the context of globalization.
Verified Answer
Learning Objectives
- Understand the concept of glocalization and its significance in the context of globalization.
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