January 27, 2017

"According to the Oxford dictionary, the word 'globalization' was first employed in the 1930s. The Merriam-Webster  dictionary included it as an entry in 1951. The term began to be widely  used by social scientists in the 1960s. H. Marshall McLuhan, who  analyzed the impact of mass media on society, coined the term 'global village' in The Gutenberg Galaxy: The Making of Typographic Man (1962) and Understanding Media (1964).  

Since its inception as a hot topic, the concept of globalization has inspired  competing socio-economic definitions, to name but a few here:  

1. Robert T. Kudrle mentioned that there  are three varieties of globalization, namely, communication, market, and  direct which can be further divided into palpable and psychological."

Read more:

http://www.ippreview.com/index.php/Home/Blog/single/id/340.html 

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