Question

What is
Globalization​

Answer 1

Answer:

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.

Explanation:

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Answer 2

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The term Globalisation usually refers to businesses practices followed by companies in which their operations and human resources are beyond the countries borders and are on a truly international and global scale.

Globalisation, in today’s world, might be a regular phenomenon, but before the invention of the internet and the technological revolution, the concept of Globalisation was very minuscule and scattered. People today aim to work in America, Japan, England or any such developed countries because of the scale and reach of Multi-National Companies across the world. Companies like Unilever or Coca Cola are true Multi-National Conglomerates which has a footprint in every country on the earth.

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