Explain ‘Globalisation’.
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The fact that different cultures and economic systems around the world are becoming connected and similar to each other because of large MULTINATIONAL companies and of improved communication.....
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Globalisation refers to the integration of the economy of the country with the world economy. It is also an outcome of the set of various policies that are aimed at transforming the world towards greater interdependence and integration. It involves creation of networks and activities transcending economic, social and geographical boundaries.
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