Question

what is globalization​

Answer 1

$\bf{\huge{\star\:\:{\green{\underline{\green{\huge{Answer}}}}}}}$

Globalization:-

Globalization is the process of unification of domestic economy with the world economy. In this process the products (goods and services) are produced as well as marketed globally. The factors which contribute towards the globalization are the transportation infrastructure and advanced telecommunication. Globalization has benefits not only to the country but also to the whole world.

________________________________

$\sf{\star}$ Extra Informations:-

✓ There have been some impacts of globalization on the Indian Agriculture. They are:-

• There have been an increase in investment in the agricultural sector.
• There have been the promotion of the use of new, well - developed tools.
• There have been an increase in the use of HYV seeds.

________________________________

✓ There are several impacts of globalization on the the Multinational Corporations. They are:-

• Due to Globalization MNCs have increased their investments, which in turn has created new opportunities for employment.
• Due to globalization several top companies have benefitted because of increased competition.
• Some Indian companies were enabled to become multinational corporation because of globalization.

________________________________

Answer 2

$\huge\sf\underline{\green{Answer:-}}$

Globalization:

Globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.

FOLLOW ME ❤