What is Globalisation??
Answers
Answer:
Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.
The top five types of globalization are,
1. Financial globalization.
2. Economic Globalization.
3. Technological Globalization.
4. Political Globalization.
5. Cultural Globalization.
The two examples of globalisation are.
1. Travel – The capacity to travel to other places and experience their cultures.
2. Transportation – International transportation systems, such as air travel and shipping.
Answer:-
Globalisation is defined as the integration between countries through foreign trade and forest investment by multinational corporations (MNCs).