Question: Globalization refers to the worldwide phenomenon of technological, economic, political and cultural exchanges, brought about by modern communication, transportation, and legal infrastructure as well as the political choice to consciously open cross-border links in international trade and finance. It is a term used to describe how places and human beings are becoming more intertwined with each other around the world economically, politically, and culturally. Although these globalization links are not new, they are more pervasive than ever before. Although capitalism has worked well for the United States how has globalization and the rise of capitalism affected Asia.
Answer: Capitalism is a form of class society, which is more concentrated on power, wealth, and economic activity…….