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. Globalization refers to the worldwide phenomenon of increased technological, economic, and cultural interconnectedness between nations. It is essentially capitalism on a global, rather than a national, scale. In a globalized economy, economic activity is unrestricted by time zones or national boundaries.