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29 October, 03:18

Match the vocabulary word with its meaning capital globalization socialism pandemic diversity fundamentalism

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  1. 29 October, 04:06
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    Capital (capitalism) has a lot to do with Globalization as they both deal with the prevalence of privately owned investments and production. One could say that globalization is a tool by which Capital intensive projects and capitalism can be exploited. Globalization involves the integration of world economies and cultures where the main objective is the development of free trading markets, free movement of cash flow (capital) without impending taxes or at lower rates and exploration of labor at lower wages and unrestricted technological knowledge and gains. Diversity is a characteristic of Globalization because it involves the integration of various national economies and cultures. Socialism is direct opposite of Capital and Globalization for its a system of governance whereby there is a collective ownership of investments and properties. The are no privately owned properties. In this case, all production is organised and owned by the State. Pandemic, that which is fast spreading due to uncontrolled or uncontrollable factors. Usually used in a negative sense. For example a disease, ebola. Fundamentalism is a restricted philosophy whereby all decisions, political and other wise, taken and involving a people is related to basic and unchanging rules normally religiously inclined. For example Christian and Islamic Fundamentalism.

    Therefore, one could say that Capital, Globalization and Diversity are words that in a generic sense may match themselves in definition.
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