Question

What is globalization

Answer 1

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Globalization or globalisation is the process of interaction and integration between people, companies, and governments worldwide. Globalization has grown due to advances in transportation and communication technology. With increased global interactions comes the growth of international trade, ideas, and culture. Globalization is primarily an economic process of interaction and integration that's associated with social and cultural aspects. However, conflicts and diplomacy are also large parts of the history of globalization, and modern globalization

Economically, globalization involves goods and services, and the economic resources of capital, technology, and data.[1][2] The steam locomotive, steamship, jet engine, and container ships are some of the advances in the means of transport while the rise of the telegraph and its modern offspring, the Internet and mobile phones show development in telecommunications infrastructure. All of these improvements have been major factors in globalization and have generated further interdependence of economic and cultural activities around the globe

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Answer 2

In the present situation almost every country in the world are developing their economic,cultural and technological aspects.

For an allover development the different countries are now sharing and integrating their economic, cultural and technological aspects with another countries with coordination of different governments.

And this worldwide efforts of integration is mostly known as the globalization.