Question

what is globalization ​

Answer 1

i'll just explain this very simply , you can easily understand concept of globalisation.

globalisation just means trade between the countries. in last 50 years it has been enormously increased.by goods and cultural exchange (trading) world is becoming interconnected.

main reasons of globalisation are:

1) good transpotation

2) improvement in comminication between countries

3) freedom of trade - WTO promotes this

pls mark me as brainliest

Answer 2

Answer:

obalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries. But the term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life. This guide uses the term more narrowly to refer to international trade and some of the investment flows among advanced economies, mostly focusing on the United States.