Abstract. Globalization is the process of interconnection of the world. Latin America embraces cultures and territories of different nations. Therefore, these countries are connected in multidimensional way since the 1980s, which is the initiation time of globalization of Latin America
Explanation:
Globalization derives from the word globalize, which refers to the emergence of an international network of economic systems. Though not a panacea, he maintains that globalization holds great promise in stimulating global trade and commerce, lifting up societies, and actually driving new jobs and economic growth.
