Economy, asked by hgaikwad599, 1 year ago

Explain the role of globalisation ?

Answers

Answered by sanjeevkush
3
The role of the nation-state in globalization is a complex one in part due to the varying definitions and shifting concepts of globalization. While it has been defined in many ways, globalization is generally recognized as the fading or complete disappearance of economic, social and cultural borders between nation-states.
Answered by pearls26
1
Globalization is the process of increased interconnectedness among countries. The prosperous economic development that is typically gained because of the increased interconnectedness among countries usually results in a better standard of living, and an overall improved quality of life.

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