Question

1. Briefly describe the major characteristics of globalization.​

Answer 1

Answer:

The increasing economic interdependence of different economies of nations throughout the world as a result of globalisation. ... Competition, corporations technology in industries are also part of economic globalization

Explanation:

----->What are the major characteristics of globalization?

---Characteristics of globalisation

1 Greater trade in goods and services both between nations and within regions.

2 An increase in transfers of capital including the expansion of foreign direct investment (FDI) by trans-national companies (TNCs) and the rising influence of sovereign wealth funds

---->What is globalization and its characteristics?

Globalization is the spread of products, technology, information, and jobs across national borders and cultures. In economic terms, it describes an interdependence of nations around the globe fostered through free trade

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Answer 2

Answer:

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