essay:Impact of Modern Markets Society life.
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The term modernity usually refers to the post-traditional, post-medieval historical period, marked by a move from feudalism (geo-distributionism) to capitalism, industrialization, secularism, rationalization, the nation-state and its constituent institutions and types of surveillance. Happens (Barker 2005, 444). On the basis of the concept, modernity is concerned with the modern era and modernity, but it forms a specific concept. While the Enlightenment points to a specific movement in Western philosophy, modernity refers only to the social engagement associated with the rise of capitalism. Modernity can also refer to the tendencies of intellectual culture, particularly those movements that are associated with secularization and post-industrial life, such as the formal establishment of Marxism, existentialism, and social science. In this context, modernism has been linked with cultural and intellectual movements of 1436–1789 that extend back to the 1970s or later (Taulmin 1992, 3–5).
It has been rightly said that "modernization is the current term for the old process. It is the process of social change through which less developed societies derive the general characteristics of developed societies."
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