Difference between Privatization and Globalization ?
..Privatisation is the process of divesting the government stake both in terms of money and control from public companies.
where as, Globalization (or globalisation) describes the process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade. The term is sometimes used to refer specifically to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology.However, globalization is usually recognized as being driven by a combination o ...more
Globalization.. Cutting across national barriers inducing the product to all consumers
Diff between Capitalism and communism