Psychology, asked by RonduBacha20, 1 month ago

What is Globalisation​

Answers

Answered by MysteriousMoonchild
46

Globalisation

Globalisation is defined as the integration between countries through foreign trade and foreign investments by multinational corporations (MNCs).

Increase in foreign trade, migration of people, spread of technology, capital flow, private and public investments from foreign countries all together contribute to globalisation.

Globalisation has been facilitated by several factors like rapid improvements in technology, liberalisation of trade and investment policies and, pressures from international organisations such as the WTO.

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@ Dhruvshi23

Answered by llMissSwagll
2

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Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.

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