Question

Explain the main features of Globalization.​

Answer 1

Answer:

Globalisation has social, economic, political cultural and technological dimensions. It involves all round inter-linkages among all the people of the world. Free flow of knowledge, technology goods services and people across all societies is it key feature.

Explanation:

Characteristics of globalisation

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