Question

what is mean by globalisation​

Answer 1

Answer:

Explanation:

globalisation refers to the integration of markets in the world economy, hence national economies become interconnected.

Globalisation has resulted in:

-increased international trade

-freer movement of capital, goods, and services

Answer 2

$\mathbb{ANSWER}$

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Globalisation :- Globalisation means integrating our economy with the world economy.

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Factors Promoting Globalisation :-

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•Technical Changes :- have reduced the cost of product and expanded volume of the production which induced globalisation.

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•Competetion :- Global competetion also promoted Indian Industries to improve their efficiency and get association with globalisation process.

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•Liberlisation :- Liberal policies adopted by India also helped in globalisation process.

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•Experience :- Experience of developed nations and their benefits obtained through globalisation also introduced Indian economy to adopt it.

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