what is globalisation
Answers
Answer:
Globalisation is the process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.
In general,the term globalization mainly refers to a comprehensive integration or amalgamation of various cultures,people,business organizations,socio-economic values and governments around the world.
Explanation:
Globalization is basically global integration and interaction between various aspects and attributes across the social,economic,cultural and political lives of people from different countries around the world.In this context,globalization can be political,meaning a common coordination among the government bodies of different countries in the world,social,implying an universal integration of various social and cultural aspects such as movies,music,dance forms,public/social media,public opinions etc.which has been accelerated by the massive technological progress and advancement globally,and.economic,which encompasses global economic activities such as international trade,commerce and finance.In this regard,buying and selling of products/services from various countries has gained increasing prominence around the world through the advent and popularity of global retailers such as Amazon,E-Bay,Uber and so forth.