Trends in lactate levels have more prognostic implications than does a single value. Patient monitoring has advanced beyond measuring heart rate and temperature. Parameters such as blood pressure, pulse oximetry, arterial blood gases, and urine output are consistently being monitored more closely, especially in critically ill patients.
In terms of the economy, globalization refers to the expansion of capitalism to include all places around the world into one globally integrated economic system. Culturally, it refers to the global spread and integration of ideas, values, norms, behaviors, and ways of life.
Globalization is an elimination of barriers to trade, communication, and cultural exchange. The theory behind globalization is that worldwide openness will promote the inherent wealth of all nations. While most Americans only began paying attention to globalization with the North American Free Trade Agreement (NAFTA) debates in 1993.