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Created with Fabric.js 1.4.5 GLOBALIZATION (noun) Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Interdependence:Greater interconnectedness between nations. Globalization leads to the ability to access information easier. There are approximately 500 million active facebook users. That's 1 in every 13 people on earth. In July 2012 The USA imported 37,929.9 million dollars of goods from China. Countries are now more dependent on oneanother politically, socially and economically Encourages the spread of human rights and democracy.This allows people to organize and spreadone's political message across borders. This leads to a new sense of global citizenship. "Americanization" threatens national or traditional cultures. McDonald's has more than 33,000 restaurants worldwide. Labor and capital in poorer countries are being more easily exploited. Reduction in barriers to trade, investment, and transportation makes economic transactionseasier, more efficient and more profitable. Sensitivity and Vulnerability More interactions=more need to cooperate. Obama's twitter account is ranked sixth worldwide in terms of followers with 16.5M followers. In China, roughly71 million suburbanand rural manufact-uring workers earnan average of 45cents an hour. The degree to which one nation is responsive to or affected bychanges or decisions of behaviorby another nation as a result of being interconnected. Rapid Economic Growth California's economy is the 8th largest economy in the world. The US economy is the world's largest national economy. Its GDP was estimated to be $15 trillion in 2011, approximately a quarter of the global GDP.