Question

Explain the various concepts in Globalization

Answer 1

The Concept of Globalisation. Globalisation refers to the process of the intensification of economic, political, social and cultural relations across international boundaries. It is principally aimed at the transcendental homogenization of political and socio-economic theory across the globe.

Answer 2

It describes the way countries and people of the world interact and integrate. Many things have become globalized as people come into contact. Economic globalization is how countries are coming together as one big global economy, making international trade easier.

                                          OR

The Concept of Globalisation. Globalisation refers to the process of the intensification of economic, political, social and cultural relations across international boundaries. It is principally aimed at the transcendental homogenization of political and socio-economic theory across the globe.