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Globalisation - is the movement of goods, services and money capital or investment across international boundaries and in this way becomes a predominately economic phenomenon sweeping the world. Throughout which, what were formerly national companies become international conglomerates. Hence, countries are no longer seen as independent and closed sovereign states, but as part of one big economy. While still seen as a relatively new event, globalisation is in fact an extension of a trend which …

…by the mind. 9.Idealism: (stemming form Plato) claims that reasoned thought can explain the world, that material goods are of no consequence, and as a result happiness and all related phenomena and virtues are created by the mind. 10.Budget: The government's estimates of the expected value of its receipts (from personal income tax, company tax, sales tax, etc) and of it's outlays (defence, health, education, social security, etc) usually based on a one year period.