Introduction Globalization or (globalisation) is the process by which the people of the world are unified into a single society and function together. Globalization is often used to refer to economic globalization: the integration of national economies into the international economy through trade‚ foreign direct investment‚ capital flows‚ migration‚ and the spread of technology. This process is usually recognized as being driven by a combination of economic‚ technological‚ socio-cultural‚ political
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Disadvantages 1. Loss of Freedom of choice - Citizens no longer have the choice to choose who governs them. They cannot vote in elections as it is all decided for them. 2. The Government will have absolute power. The government may not think in the best interests of the people. They may be more interested in building large lavish palaces for themselves than feeding their people. 3. The people may be oppressed by the regime as the government would be intent on keeping their power away from the
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Is the Internet a sea of information or a source of human catastrophe or a forum for democracy or a source of rumors? President Lee Myung-bak‚ speaking at the June 17 ministerial meeting of the Organization for Economic Cooperation and Development which discussed the future of the Internet economy‚ said that the Internet without trust can be “a poison instead of medicine.” He expressed concerns about spam mails hiding under anonymity and the spread of lies and incorrect information that threaten
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Advantages of Credit Rating Different benefits accrue from use of rated instruments to different class of investors or the company. These are explained as under: A. Benefits to Investors 1. Safety of investments. Credit rating gives an idea in advance to the investors about the degree of financial strength of the issuer company. Based on rating he decides about the investment. Highly rated issues gives an assurance to the investors of safety of Investments and minimizes his risk. 2. Recognition
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RADHAKRISHNAN Assistant ProfessorDept of EEER.V.S.college of engg &techCoimbatoreTamilnaduPh-09677149072 | Career Profile An Electrical Engineer equipped with knowledge of circuit designing‚ transmission and distribution‚ embedded systems and renewable energy sources willing to join an esteemed organization to explore adventurous‚ innovative working opportunities and to achieve new heights through dedication and hard work which combines my professional knowledge with my analytical
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Cricket: Cricket was first played in southern England in the 16th century. By the end of the 18th century‚ it had developed into the national sport of England. The expansion of the British Empire led to cricket being played overseas and by the mid-19th century the first international matches were being held. The ICC‚ the game’s governing body‚ has 10 full members. The game is most popular in Australasia‚ England‚ the Indian subcontinent‚ the West Indies and Southern Africa. Yes‚ cricket is the
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[edit]Proto-globalization Main article: Proto-globalization The next phase‚ known as proto-globalization‚ was characterized by the rise of maritime European empires‚ in the 16th and 17th centuries‚ first the Portuguese and Spanish Empires‚ and later the Dutch and British Empires. In the 17th century‚ world trade developed further when chartered companies like the British East India Company (founded in 1600) and the Dutch East India Company (founded in 1602‚ often described as the first multinational
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Written exams b) Quizzes c) Dissertations and projects d) Instead of comparing the advantages and disadvantages of these assessment types‚ I would prefer to discuss assessment instruments I used in these assessments and talk about their merits and demerits. Assessment type Strength Limitations 1. Written exams 1. Good tool to assess students’ knowledge without guessing. 2. It forces student to think and articulate that thinking. 3. Take less time to create test as compared to
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E Commerce is one of the most important facets of the Internet to have emerged in the recent times. Ecommerce or electronic commerce involves carrying out business over the Internet with the assistance of computers‚ which are linked to each other forming a network. To be specific ecommerce would be buying and selling of goods and services and transfer of funds through digital communications • Ecommerce allows people to carry out businesses without the barriers of time or distance. One can log
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