Concepts related to Globalization - created from Mind Map

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Capitalism

Developing countries

E-Commerce

Homogenization

International Monetary Fund

Mercantilism

Multilateral

Multinational corporation

Offshoring

Outsourcing

Protectionism

World Bank

Means of production owned by society

Low- or middle-income nations

Electronical transactions

Uniform transformation

Promotes nation's cooperation and exchange

Nation's prosperity based on its capital supply

System involving < than two countries' participation

Conducts business in <1 nation

Transferring organizational functions

Transferring noncentral functions

Protection of domestic industry

Union of international organizations

Aid to countries and reduce world poverty