Trade and Finance
Trade refers to the exchange of goods, services, ideas, and people (slaves, sex workers) between persons or organizations. Finance involves the payment of debts, investment, borrowing money at interest, and managing money. Although both of these economic acts are often linked, finance can also involve speculation about the value of money alone. Both of these activities tend to create interdependence and to draw the world together. Both are often dominated by powerful corporations or states. And finally both have been at the center of globalization for many centuries, particularly at the end of the 19th century and in the past thirty years.