Question

What do you understand by the term globalization?
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Answer 1

Explanation:

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• 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

Answer:

Globalization or globalisation is the process of interaction and integration among people, companies, and governments worldwide. ... Economically, globalization involves goods, services, the economic resources of capital, technology, and data.

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