Question

What is globalisation? Explain the
features of globalisation

Answer 1

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Here is your answer,

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Globalisation can be defined as the ever increasing integration of the world's local, regional and national economies into a single international market.

There are a number of features of globalisation.

These include: free flow of goods, services, information, knowledge and people across the borders of all states.

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Answer 2

Explanation:

Globalisation. ... Neo-colonialism emerged in the form of advocacy of freetrade and free-market economy (globalisation). The rich nation formed G-7 in 1975 to further their economic interests. Thereby they secured access in the underdeveloped and the developing countries.