Screwdrivers are distinguished from each other based on their tip and what type of screw they drive. The two most common screwdriver tips are 1) the slot head screwdriver, and 2) the Phillips-head screwdriver.
Globalization broadly refers to the expansion of global linkages, the organization of social life on a global scale, and the growth of a global consciousness, hence to the consolidation of world society. Such an ecumenical definition captures much of what the term commonly means, but its meaning is disputed.
In 2000, the International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people, and the dissemination of knowledge.eld et al.'s definition of globalization as transformation in the spatial organization of social relations and transactions, described in terms of the four elements (extensity, intensity, velocity, and impact), was called probably the most widely-cited definition in the 2014 DHL Global Connectiveness Index.