What is Globalisation
Answers
↬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
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.