What is Globalization
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Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
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➡ Globalisation....
Globalization, or 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.
- It connects people all around the world
- It increases competition at local, national as well as at the international level.
- It improves quality of products
- It provides more choices
- Globalisation accelerates national development.
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