Explain the viewpoint of one of the three major sociological theories concerning this topic….

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1. Explain the viewpoint of one of the three major sociological theories

concerning this topic.

2. Review the history and development of economic activity from the agricultural

revolution to postindustrial society

3. Compare the economic systems of capitalism, socialism, welfare capitalism, and

state socialism

4. Define globalization and describe its manifestation in modern society

5. Discuss the pros and cons of globalization from an economic standpoint

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