defglobalization and regionalization
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In geography, globalization is defined as the set of processes (economic, social, cultural, technological, institutional) that contribute to the relationship between societies and individuals around the world. It is a progressive process by which exchanges and flows between different parts of the world are intensified.
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globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale. whereas Regionalisation is the tendency to form decentralised regions...
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