Question

what is globalization process

Answer 1

Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. ... Likewise, for centuries, people and corporations have invested in enterprises in other countries.

Answer 2

Globalisation : Series of economic, social , technological, cultural and political changes, increasing interdependence, integration and interaction among people and economic players in disparate locations.

Explanation:

process of globalisation -

• In the era of globalisation the world is becoming increasingly interconnected. Their interconnections are not only economic but also cultural and political.
• The process of globalisation includes of trends , especially the increase in international movement od commodities, money , informative, people and development of technology.
• The main feature of globalisation is the increasing extensions and integration of markets around the globe. It means that changes in a market in one part of the globe may have a profound somewhere else far away.