Question

hi guys tell me about globalisation
only one should answer ​

Answer 1

According to the International Monetary Fund ( IMF ) globalization is defined as " the growing economic interdependence of countries worldwide through increasing volume and variety of cross - border transactions in goods and services and of international capital flow, and also through the more rapid and widespread diffusion of technology "

OR

• Globalization is the increasing cross - border movement of goods and services
• International flow of capital, technology and information
• Formation of one worldwide market by obtaining raw materials and other resources from cheap market
• Production of goods in any region of the world at cheaper cost

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Answer 2

Answer:

Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.

Explanation:

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