globalizaion

 Globalization increase the rate of income inequality both within and between countries
Globalization is the international integration achieved by the interchange of products, world views, ideas and other cultural aspects (Elveren, Örnek & Akel, 2012).  The major factors in globalization are encompassed by advances in telecommunication and transportation infrastructure that generate further cultural and economic activities interdependence. Globalization is like a double edged sword. Why? The effects of globalization are positive whereas on the extreme side they might as well be dire. Bechtel (2014) shows that globalization has extensively increased the inequality of income both within and between countries
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