You are here: Kabbalah Library Home / Other Authors / The Benefits of the New Economy / A Global-Integral World

A Global-Integral World

Globalization: “Globalization” refers to the increasingly international relationships involving culture, people, and economic activity. Most often it refers to economics: the planetary distribution of locations where goods and services are produced, enabled through the reduction of barriers to international trade such as tariffs, export fees, and import quotas. Globalization has accompanied and contributed to economic growth in developed and developing countries through increased specialization and the principle of comparative advantage (the ability of a person or a country to produce a particular good or service at a lower cost). The term can also refer to the transnational circulation of ideas, languages, and popular culture.

Integral: entire, complete, whole. Also, consisting or composed of parts that together constitute a whole.

Back to top
Site location tree