Question

define globalisation ⤵️

but in detail please ......#50points❤​

Answer 1

• Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide.
• Globalization allows companies to find lower-cost ways to produce their products. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers.
• Lowered costs help people in both developing and already-developed countries live better on less money.

Brainliest please

Answer 2

Answer:

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.

On one hand, globalization has created new jobs and economic growth through the cross-border flow of goods, capital, and labor. On the other hand, this growth and job creation compete the local producer and the local producer going set back.

Globalization is a social, cultural, political, and legal phenomenon.  

1 ) Socially, it leads to greater interaction among various populations.

2 ) Culturally, globalization represents the exchange of ideas, values, and artistic expression among cultures.

3 ) Globalization also represents a trend toward the development of single world culture.  

4 ) Politically, globalization has shifted attention to intergovernmental organizations like the United Nations (UN) and the World Trade Organization (WTO).

5 ) Legally, globalization has altered how international law is created and enforced.