Focus: The Impact of Globalization

In the most general sense globalization describes the way the world is becoming increasingly interconnected through new forms of communication, technology and trade.

This has been going on for centuries, of course, but recently the pace has picked up. Free market capitalism has become the dominant economic model in the world. At its heart are powerful international corporations, some larger than the nations in which they do business.

Read more in Access to International English, pp. 160-169. Then do the tasks in the textbook and on this website.