Refers to the increasing interconnectedness and interdependence of people, businesses, and countries worldwide. It's a process that involves the exchange of goods, services, technology, and information across national borders.

Involves trade, investment, and financial flows between countries.

The spread of ideas, customs, and technologies across different cultures.

The rapid development and diffusion of technology worldwide.

The growing influence of international organizations and agreements.

The exchange of goods and services across national borders. This includes both imports and exports.

Investments made by a company in one country into businesses or assets in another country.

The movement of money for investment purposes between countries.

The rapid development and diffusion of technology, including the internet and telecommunications

The movement of people from one country to another, often in search of better economic opportunities or to reunite with family.

The exchange of information, ideas, and culture through media, internet, and other communication channels.

Increased trade and investment can lead to economic growth and job creation.

Globalization can lead to lower prices for goods and services due to increased competition.

Consumers have access to a greater variety of goods and services.

Developing countries can benefit from technology transfer and knowledge sharing.

Increased interaction between cultures can promote understanding and tolerance.

Globalization can exacerbate income inequality both within and between countries.

Some jobs may be lost in developed countries due to outsourcing to cheaper labor markets.

Increased production and consumption can lead to environmental problems.

The spread of global culture can erode local traditions and identities.

Globalization can contribute to political instability if not managed properly.

is a trading partnership that aims to create a more equitable and sustainable world for producers and workers. It focuses on products typically exported from developing countries to developed countries, such as coffee, cocoa, and handicrafts.

Promoting fair trade practices ensures that producers in developing countries receive equitable compensation for their goods.

Is the process of developing and enhancing the knowledge, skills, abilities, and health of individuals and populations to increase their productivity and earning potential. It's essentially investing in people to improve their economic value.

From early childhood development to higher education and vocational training.

Improving physical and mental health to enhance productivity and longevity.

Upgrading skills to meet the demands of the job market.

Ensuring adequate nutrition for optimal cognitive and physical development.

Providing support systems that enhance overall well-being.

A skilled and healthy workforce contributes to increased productivity and innovation.

Investing in human capital can help bridge the gap between rich and poor.

Healthier and more educated citizens enjoy better lives.

Human capital is a cornerstone of long-term economic and social progress.

Small businesses are often vulnerable to globalization. Government support and policies can help them thrive.

Are actions or strategies implemented to address the impacts of human activities on both people and the planet. They are crucial for sustainable development and ensuring a healthy and equitable society.

These focus on protecting the environment and mitigating human impact on natural resources.

These focus on improving the well-being of people and communities.

refer to the use of technology to solve problems, improve processes, or achieve specific goals. They involve applying technical knowledge and tools to address challenges in various fields.

refers to the equitable allocation of resources, wealth, or opportunities within a society. It's about ensuring that benefits and burdens are shared justly among individuals or groups.

Means taking advantage of something positive or useful and using it to your advantage. It's about identifying opportunities and capitalizing on them.