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Globalization of consumer products also means global application of chemicals used in these products and also global spread of these chemicals with waste, when the products come to their "end of life".
But globalization of consumer services faces daunting challenges, both economic and cultural.
The second wave, according to some entrepreneurs, venture capitalists and offshoring veterans, will be the globalization of consumer services.
He notes that the globalization of consumer culture means that the most popular brands are far-flung in origin: Nokia, Sony, BMW, Ferrari, Ikea and Microsoft.
Nandan M. Nilekani, co-chairman of Infosys, said there is "definitely an opportunity in the globalization of consumer services," and he listed several possibilities, even psychological counseling and religious confessionals.
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Most of the work here is "political" in that it comments on the effects of globalization and consumer culture.
Both Trump and Sanders downplay the enormous economic benefits of globalization for American consumers of all incomes, and their proposed solutions are vague and could well be harmful if implemented.
Now in the age of globalization, any additional consumer spending caused by the stimulus may benefit foreign economies more than the domestic one.
In the field of biological reproduction, globalization - understood as the rapid growth of global capitalism - has brought in its wake an extension of consumer culture creating 'new regimes of consumption".
With its mastery of the production and marketing of consumer electronics, Japan was an early mover in globalization.
The goods and services weakness part really only started in the fourth quarter with the retrenchment of consumers here and the globalization of the recession.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com