Question

Globalisation ,give short notes​

Answer 1

Answer:

What Is Globalization?

Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.

→ Globalisation can also increase the pace of deindustrialisation, which is the slow erosion of an economy’s manufacturing base.

→ Jobs may be lost because of the structural changes arising from globalisation.

→ Structural changes may lead to structural unemployment and may also widen the gap between rich and poor within a country.

Answer 2

Answer:

Globalisation means integrating the national economy with the world economy the removal of various Indian International Trade capital movement.Globalisation is the outcome of policy of liberalisation privatisation.

Globalisation is generally understood to mean integration of the economic of the country with the world economy.

However it is a complex phenomenon it is an outcome of the set of various policy that aims to transfer the world towards greater Independence and integration it involves creation of network and acting transcending economic and social and geographical boundary.

In short globalisation is to create a borderless world