Economic Globalization: Causes, Consequences, and Global Impact
Economic Globalization
Globalization of the economy is involved in the operation of global production, consumption, and exchanges.
Causes of Economic Globalization
- The progress of telecommunications allows receiving real-time information, reducing the distance factor. Businesses can expand their areas of production and market.
- Improving transport facilitates the transfer of goods and people worldwide.
- Generalization of the capitalist system, based on private property, free competition between companies,
Agricultural and Fisheries Policy Analysis in Spain Since 1986
Agricultural Policy Since 1986
The Common Agricultural Policy (CAP) was created in 1962 with the following objectives:
- Increase productivity
- Ensure farmers a good standard of living
- Stabilize markets
- Set reasonable prices
To achieve these goals, two initiatives were established: a pricing policy based on markets and common market organizations (CMOs). A policy of agricultural structures and adaptation promoted the improvement and development of rural areas.
Results: Achieving food self-sufficiency, improved
Read MoreKey Terms in Business and Industry
Holding Companies
A holding company is a financial entity that controls various companies, owning all or a significant part of their actions.
Research, Development, and Innovation (R&D&I)
R&D&I encompasses investments in the industry, including:
- Basic Research: Work to develop new knowledge.
- Applied Research: Work to apply new knowledge to a practical purpose.
- Systems and Services.
- Innovation: Improving competitiveness.
Endogenous Industrialization
Endogenous industrialization is the process
Read MorePolitical Organization and Institutions in Medieval Spain
Political Organization and Institutions
Royal Power and the Rise of the Courts
The power of kings was limited to the royal lands. In 1188, Leon summoned the bourgeois to the Curia on behalf of the cities, giving rise to the Courts. Originally, it consisted of three branches, attending to the king’s queries and voting on subsidies, fulfilling the basic obligations of the vassal: auxilium and consilium. This polity evolved differently in Castile and Aragon.
Castile: Centralization and Royal Authority
Castile
Read MoreArgentina’s Population Dynamics: Growth, Distribution, and Aging
Argentina’s Population Dynamics
Slow population growth implies both an increase and a decline in population, comprised of natural growth and migration. If births outweigh deaths, growth will be positive. It is also influenced by the demographic character of the area. The volume and the rate at which crests occur are related to population changes in composition by age, sex, occupation, education, and origin. Argentina is a country of slow growth:
- Population growth gradually decreases.
- The low birth
Economic Reforms in Spain Under Charles III
Limiting Livestock Interests of the Mesta
The Honourable Council of the Mesta was affected by liberalization measures. With the increasing price of corn, owners chose to invest in crops rather than livestock. The colonization of new lands in 1767, under the supervision of Pablo de Olavide, launched a plan to colonize uninhabited regions of Sierra Morena, which were infested with bandits. Spanish, German, and Flemish Catholic immigrants were used, and the state provided them with a free house, furniture,
Read More