Question

what is the meaning of globalisation in economics

Answer 1

Answer:

A Simple Globalization Definition

Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.

Answer 2

Answer:

Globalization is the process of rapid integration or interconnection between countries through trade, capital, flow and technology.