In developed countries, knowledge-based economies are characterized by the development of information services, and production processes are increasingly determined by the quality of such factors as information, technology, innovations, patents, etc. In addition, analogous standards of telecommunications, transaction, market, financial systems, etc. operate in different countries. Globalization is therefore still progressing.
In connection with the above, the communication, transactional and information aspects of globalization are characterized by a positive meaning. It is referred to as "the Earth as a" global village. "Through more and more modern communication, the global circulation of information is carried out in real time via Internet teleinformation systems.
But not all aspects of globalization have positive aspects.
In my opinion, globalization processes strengthen long-term business cycles. In this way, globalization may deepen economic crises, including the global financial and debt crisis. An example was the global financial crisis, which appeared in mid-September 2008. At that time bankruptcy was announced by one of the largest investment banks in the world. As a result of unreliable credit risk management procedures, billions of USD of financial losses have been generated. It turned out that the unwritten rule no longer works, that "big can not fall". However, it is the emergence of ever larger international corporations and financial institutions that is one of the main determinants of the processes of economic globalization that have been progressing in recent years. these processes continue. Every few years, as a result of the merger of some of the largest financial institutions through mergers and acquisitions, more and more banks are formed. On the other hand, international operating industrial corporations move their factories from country to country, looking for cheaper workforce, and international trading and service corporations set up subsidiaries and sales outlets in other countries. Capital links grow transnational and thus systemic risk grows, whose sources can be related to the progressing economic globalization.
Answer:
The roots of conflicts in the balkans can be traced to two scenarios which where;
1. The Ottoman Empire was unable to reform itself and it could not deal with the growing number of ethnic nationalism of its diverse peoples.
2. The members of the great powers quarreled amongst themselves and they also failed to ensure that the Ottomans would carry out those reforms that were needed at that time.
Explanation:
The Balkan Wars, which occurred between 1912 and 1913. There were two successive military conflicts or wars that deprived the Ottoman Empire of almost all its remaining territory in Europe.
There was intense an intense rivalry among the European powers over trade and colonies that led to the Balkan conflict. The Balkan area or region became an area of intense conflict. countries that were involved included Russia, Germany, England, Austria and they all wanted to extend their control over the Balkans because of it has a strategic location.
Increasing acid rain cause ashes and gas from volcanoes has Sulphur and other harmful chemicals so that mixes with water vapor to form acid rain
Mark me as brilliant
It’s depends on which shapes and numbers
I think that’s how you write a hypothesis correctly
