Globalization means free flow.............................. people and ...............
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Globalization means free flow of people and trade & technology.
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- Globalization is the phenomenon that has been described as the interconnectedness of different aspects of word be it social, economic, cultural or ideological.
- It encompasses the rapid flow of people, information, trade and technology.
- It has created a borderless world where goods and services flow freely from place to place which has boosted the the economy of nations across the world by turning the whole world into 'A Global Village'.
- However apart from the positive aspects of Globalization, it has led the sharp decline in the State system as the sovereignty of a state is easily compromised resulting in the decline in the role of a state as a meaningful actor.
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