Question

what is globalisation and what are the factors that have enabled globalisation​

Answer 1

Globalisation means unification or integration of the domestic economy with the world economy through trade, capital and technological flows. (a) Reduction of trade barriers with a view to allowing free flow of goods to and from other countries. (b) Involvement of various local producers with MNCs in various ways.

Answer 2

Answer:

Globalization is the free movement of people, goods, and services across boundaries. This movement is managed in a unified and integrated manner. Further, it can be seen as a scheme to open the global economy as well as the associated growth in trade (global).

Explanation:

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