What events led to the development of economic globalization?
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Today, follow-on advances in technology have led to the rapid expansion of global trade. Three suggested factors accelerated economic globalization: advancement of science and technology, market oriented economic reforms, and contributions by multinational corporations.
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Today , follow - on advances in technology have led to the rapid expansion of global trade . Economic globalisation refer to the widespread international movement of goods , capital , services , technology and information . it is the increasing economic integration and interdependence of national , religious , local economies across the world through an intensification of cross border movement of goods , service , technologies and capital.