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Classified in Economy

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DEFINITION: It´s an economical, technological, cultural and social process extended in the entire world (universalization), including movements of people, things and ideas.This movement permit the global communication and interdependence between countries, enterprises or people (main characterictics of globalization).

CONDITIONS: This process needs some basis as a democracy,a capitalism system, free and competitive conditions,etc. In these conditions all the parties have to integrate them in the same play, in an unique market, behind judicial conditions,etc..

ASPECTS OF GOBALIZATION: In 2000, the International Monetary Fund identified 4 basics aspects: 1-trade and transactions.2-capital and investments movements.3-migration and movement of people.4-dissemination of knowledge.

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