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Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. [1] The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialisation), developed its current meaning sometime in the ...
Furthermore, Agenda 21 emphasizes that broad public participation in decision-making is a fundamental prerequisite for achieving sustainable development. [30] The Rio Protocol was a huge leap forward: for the first time, the world agreed on a sustainability agenda. In fact, a global consensus was facilitated by neglecting concrete goals and ...
v. t. e. World-systems theory (also known as world-systems analysis or the world-systems perspective) [ 3 ] is a multidisciplinary approach to world history and social change which emphasizes the world-system (and not nation states) as the primary (but not exclusive) unit of social analysis. [ 3 ] World-systems theorists argue that their theory ...
More specifically, the Global North consists of the world's developed countries, whereas the Global South consists of the world's developing countries and least developed countries. [3][5] The Global South classification, as used by governmental and developmental organizations, was first introduced as a more open and value-free alternative to ...
v. t. e. Economics (/ ˌɛkəˈnɒmɪks, ˌiːkə -/) [ 1 ][ 2 ] is a social science that studies the production, distribution, and consumption of goods and services. [ 3 ][ 4 ] Economics focuses on the behaviour and interactions of economic agents and how economies work.
Globalization is a process that encompasses the causes, courses, and consequences of transnational and transcultural integration of human and non-human activities. India had the distinction of being the world's largest economy till the end of the Mughal era, as it accounted for about 32.9% share of world GDP and about 17% of the world population.
The United Nations Framework Convention on Climate Change (UNFCCC) is the UN process for negotiating an agreement to limit dangerous climate change. It is an international treaty among countries to combat "dangerous human interference with the climate system ". The main way to do this is limiting the increase in greenhouse gases in the ...
International development or global development is a broad concept denoting the idea that societies and countries have differing levels of economic or human development on an international scale. It is the basis for international classifications such as developed country, developing country and least developed country, and for a field of ...