Geography, asked by little15, 1 year ago

what is means of globalization

Muzammil91: Your answer is here : 1. Globalization refers to a situation where a country draws raw materials from any source of the world and manufactures goods and services. 2. The finished good also find a place in the global market.

Answers

Answered by KartikSharma13

The worldwide movement toward economic, financial, trade, and communications integration.

Globalization implies the opening of local and nationalistic perspectives to a broader outlook of an interconnected and interdependent world with free transfer of capital, goods, and services across national frontiers. However, it does not include unhindered movement of labor and, as suggested by some economists, may hurt smaller or fragile economies if applied indiscriminately.

Answered by kanika58

the process by which businesses or other organizations develop international influence or start operating on an international scale

little15: in my way this is not right

kanika58: ok

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