Question

what is globalisation? what are the factors that enable globalisation

Answer 1

Globalisation is integrating the economy of the country with economies of other country under the condition of free flow of trade, capital and movement of people from one place to another.
Factors:
•Export and import of technique of production.
•Migration of people from one place to another.
•Increase in foreign trade.

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Answer 2

GLOBALISATION

It is the process by which countries as well as people depend upon one another for progress and co operation

FACTORS LEADING TO GLOBALISATION

⇒ Interdependence leads to globalisation. As we depend on each other in the Society , we are actually contributing to Globalisation.

⇒ Development and competition forces us to depend on each other and co operate with one another . This leads to globalisation.

⇒ For achieving certain aims , the countries need to unite and co operate with each other and hence leading to globalisation.

⇒ To prevent wars. Globalisation creates friendly relations between countries and can prevent wars.

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