12.: Transplanetary processes that conflict with one another (and with much else).

emphasizes the dependence of less-developed countries on the developed ones.

The work is done overseas

It refers to the global exploitation of technologies through the patents

A company with its headquarters in one country and branches in a number of different countries.

. This system has an economy that is based on the extraction of surplus goods and services from outlying districts.

Processes which, while flowing in one direction, act back on their source

International economic and financial organizations are under the control of the United States and other western countries

. Global flows that interconnect at various points and time.

Interconnected for trade and other transactions

Refers to the sourcing of goods and services from location around the globe to take advantage of national differences in the cost and quality of factors of production like land, labor and capita

A concrete or a virtual structure in which individuals or firms sell and buy goods.

A metaphor use to describe globalization which means the increasing ease of movement of people, things, information, and places in the global age.

. Is a business organization whose activities are located in more than two countries and is the organizational form direct investment (FDI).

9. Opened the door to this kind of analysis (and to the use of such metaphors) when he famously argued that because of the nature of capitalism as an economic system "everything solid melts into air."

World-system theory recognizes the agency of individuals, groups, and mations to resist and challenge the existing global order.

World-system theorists argue that the global system operates in long-term cycles of expansion and contraction.

Affected the International economic integration achieved during the nineteenth century.

It means that people and firms are accumulating capital in order to accumulate still more capital, a process that is continual and endless.

These companies have investment in other countries but do not have coordinated product offerings in each country.

. Is a large geographic zone within which there is aidivision of labor and hence significant internal exchange of basic or essential goods as well as flows of capital and labor.

. Is not the mere existence of persons or firms producing for sale on the market with the intention of obtaining a profit.

Have no unified political system; nor is its dominance based on military power alone.

All sorts of things flowing in every conceivable direction among many points in the world.

a concrete local structure in which individuals or firms sell and buy goods, and a virtual institution across space where the same kind of exchange occurs.

5. It locates globalization in early patterns of trade and exchange

The theory views the world as a single capitalist system rather than a collection of separate nations

These companies are importers and exporters, typically without investment outside of their home country.

World-system theorists argue that there is an inherent structural inequality in the global economic system.

It reflects the continuing expansion and mutual integration of market frontiers, and is an irreversible trend for the economic development in the whole world at the turn of the millennium.

is the process of obtaining commodities (goods 2 points or a service) within internal

. World-system theory a perspective developed by.

2. A metaphor use to describe the state of globalization where barriers exist which prevents the free movement of all sorts of things.

Are the small, homogenous societies studied by anthropologists.

Its classic form is defined as a company from one country making a physical investment building a factory in another country.