Question

$What \: \: is \: \: Globalization?$
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Answer 1

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Globalisation is a major change that occurred across the globe in the late 20th century. This has political, cultural as well as economic dimensions.

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Globalisation is a process associating with increasing openness, growing economic independence and deepening economic integration with the world economy. In other words, it means opening up of domestic economy for the foreign countries.

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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.