<span>The book entitled Wealth of Nations was published by Adam Smith to promote the ideals of capitalism and free enterprise in the year 1776. Smith believed that capitalism would ultimately promote a more prosperous and growing economic standing for those who could implement it properly.</span>
<span>They thought they had to win only on the battlefield, but it was a war to win the hearts and mind of the colonist. One way in which British leaders Misunderstood the revolutionary war was that "An Elected group of leaders who would make laws". Since they felt that Parliament should reign supreme.
</span>
Pros of globalization:
-It can increase trading ,and the developing countries would have an greater access to market overseas,hence the more developed countries would be able to enjoy cheaper goods while the developing countries would be able to buy goods with higher quality.
-It promote cultural intermingling and countries would be able to learning more about other cultures, thus building up mutual respect to each other. This is likely to lower the possibility of discrimination and divergence between people. It would also promote initiatives to create new ideas and products.
Cons
-There would be a loss of cultural divergence,which is important to building one's cultural identity as well as self-identity.
-It could potentially widen the poverty gap. Large multinational corporations are likely to dominate the market thus threatening the opportunities for local corporations or smaller brands survival.
Hope it helps!
Answer:
Illegal makes NOT legal; and it will never be legal. Unauthorized means you didn't get permission ( but you can get permission and then it will be authorized ).
Explanation:
