Globalization: Definition, Features, Merits & Demerits
Posted inEconomics Government & Politics

Globalization: Definition, Features, Merits & Demerits

Globalization is a phenomenon based on the continuous increase in the interconnection between the different nations of the world on the economic, political, social and technological levels. The use of this term has been used since the 80s. That is, since technological advances have facilitated and accelerated international commercial and financial transactions. And for this reason, the phenomenon has as many defenders - such as the International Monetary Fund (IMF) or the World Bank - as detractors.
Difference Between Poverty and Inequality
Posted inDifference Between

Difference Between Poverty and Inequality

Poverty is the state in which an individual or group can not meet basic human needs to maintain a minimum level of quality of life, while Inequality on the other hand, refers to the unfair or unequal distribution of resources among various people or groups, caused by social, gender, ethnic, religious or other discrimination.
Posted inDifference Between Government & Politics

Differences Between Power and Authority

The difference between power and authority is that power is a capacity and authority is a skill. In this sense, power can be acquired, while authority depends on a person's ability to influence others. Power is the ability to subordinate other people or to dominate a situation. Authority is the ability to influence others without the need for them to be subordinate.