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As a contested term, globalization has many definitions, each worthy of merit. Generally, globalization is first thought of “in economic and political terms, as a movement of capitalism spreading across the globe.”[1] It calls to mind “homogenizing exports of the US” such as Nike, McDonald’s, and MTV.[2] However, since globalization can be defined as a process of an “ever more interdependent world”[3] where “political, economic, social, and cultural relationships are not restricted to territorial boundaries or to state actors,” globalization has much do with its impact on cultures.[4]
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In 1540, Coronado led a major Spanish expedition up Mexico's western coast and into the region that is now the southwestern United States.
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See Below
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Sole Proprietorship -> All profits retained
Partnership -> Sharing of profits
Corporation -> Profits paid out as dividends
Government corporation -> No profits made
