Question

What do you mean by globalisation?​

Answer 1

Answer:

Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.

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Answer 2

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Academic literature commonly subdivides globalization into three major areas: economic globalization, cultural globalization, and political globalization.

Globalization is the spread of products, technology, information, and jobs across national borders and cultures. In economic terms, it describes an interdependence of nations around the globe fostered through free trade.

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