Question

Define globalisation and it's characters

Answer 1

Definition of Globalisation:

The aim of globalisation is to secure socio- economic integration and development of all the people of the world through a free flow of goods, services, information, knowledge and people across all boundaries.

Globalisation is seen as a conscious and active process of expanding business and trade across the borders of all the states. It stands for expanding cross-border facilities and economic linkages. This is to be done with a view to secure an integration of economic interests and activities of the people living in all parts of the world. The objective of making the world a truly inter-related, inter-dependent, developed global village governs the on-going process of globalisation.

Globalization is Not a New, Western Concept

Globalization is Basically a ‘Mindset’

Globalization means “Interdependence”:

Globalization puts Technology in Service of Mankind:

Globalization Demands and Respects Excellence:

Answer 2

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Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.