explain how the spread of the American political and economic models have impacted cultures? identify other challenges that have arisen due to globalisation

Name three aspects that affect the global economy.

Has economic globalization helped people to bridge cultural gaps? Why or why not?

Economic systems across the globe are unique, and businesses need to adapt to fit in to the economic system in which they operate. Consider the types of economic systems: planned, market, and mixed. How are businesses that operate internationally affected by each of these three economic systems? How might this be different for a large business versus a small business?

Describe the neoliberal economic reforms that have been applied to Latin America and how they have influenced the region’s development.

Why Innovation is more concentrated in space than production? Are there any European policies that aim to tackle this problem?