Social Sciences, asked by Sonali061816, 8 months ago

what's the meaning of globalisation​

Answers

Answered by Anonymous
2

Globalization or globalisation is the process of interaction and integration among people, companies, and governments worldwide. As a complex and multifaceted phenomenon, globalization is considered by some as a form of capitalist expansion which entails the integration of local and national economies into a global, unregulated market economy.[1] Globalization has grown due to advances in transportation and communication technology. With the 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.

Answered by amankumaraman11
1
  • Globalisation is the process of integration of countries of world with one another.
  • It can understood as - Suppose A company setup in a local town which has progressed much enough so that It can trade throughout the foreign countries. In this case, That company is said to being globalised.

  • Simply, Globalisation is interaction among people or countries of the world in the field of economy or trade, technology, politics, and culture.

  • Globalisation keeps people together & make everyone richer without any discouragement of their local cultures.
  • Globalisation brings out poorer nation among the higher economies' trade circle, and leads to overall development of World Countries.

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