Question

short notes on globalisation

Answer 1

The process of countries becoming interdependent and interconnected is called globalisation. It is also a process by which people of the world function together by unifying themselves into a single society. It is a combination of economic, technological, sociocultural, and political forced. It is a new buzzword that has come to dominate the world. The path to progress and prosperity now lies in globalisation.

Answer 2

Globalization  is the process in which business, services or technologies are developed,  and expanded throughout the world. It is to expand various businesses  into the world market of the world. There is a need for international investment at a very large level for economic inclusion across the world, to develop a large multinational business. For this, the interaction of businesses in the global market as well as internal self-sufficiency must be increased. Over the last few decades, globalization  has taken the form of technological advancement, which has resulted in easier travel, communication and business at the international level. On one hand, where globilization has made easy access to people's technology, on the other hand, it has reduced competition opportunities by increasing the competition.