Chapter 24 (723-734)

Re-globalization was a process that accelerated the circulation of goods, capital, and of the people which increased world trade by trillions. Goods were distributed from all parts of the world in many stores and markets. Money was distributed in three ways by foreign direct investment, money in motion, and personal funds of individuals in a form of capital. Transnational corporation was one of the global businesses that took part in the globalization in many countries. In 1970, countries joined together to try and create new international economic order that would help the poor. Economic globalization effected the nations not just on a global level.