what is globalisation
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Answer:
Globalization is the process of interaction and integration among people, companies and government worldwide
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Globalisation is the interconnection between the countries through foreign trade and foreign investment by multinational companies
Impact of globalisation :
- Top companies raised their product standard due to the competition
- Some large companies became MNCs
- Through the globalisation employment is creating
- More choice and cheap products are available through globalisation
- Standard of living were increased
- Through the globalisation transportation facilities improved
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