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 THEORIES (Back to list of theories) World-System Theory (Synopsis and Analysis) Synopsis. Globalization is the process, completed in the twentieth century, by which the capitalist world-system spreads across the actual globe. Since that world-system has maintained some of its main features over several centuries, globalization does not constitute a new phenomenon.