Question

what is globalisation ? (exactly)​

Answer 1

it is a process of interaction and integration among people, company and governments worldwide

Answer 2

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Explain Globalisation?

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Complexed↓

→Globalisation is a Process of Rapid Integration or Inter-Connection Between Countries.

Simple↓

→Its The Process by which we get to know that the World's Economy is Dependent upon the Inter-connection of Countries.

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•Factors Affecting Globalisation:-

→Transportation:-

-->Because of Development of Transport Facilities, we can now transport goods at low price and quicker than before, Flights are cheaper, Ships are Faster, Roads are expanded almost Everywhere.

→Technology:-

-->Because of the Development of Technology we can access over variety of choices and inquire about the products, or related to it quicker than before and even do International Transaction in Banks, Which is a Helpful thing to buisness-men.

→Liberalisation:-

-->Changing of the Government policies in-order to support the MNC's for Buisness. [usually removal of Tax barriers-import tax]

These Factors↑ Help in Globalisation.

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