Question

why Globalization is multidimensional concept? explain.

Answer 1

If there is one dimension we cannot know other dimensions.
Ex:if the persons know about the economic dimensions they don't know the cultural and other dimensions

Answer 2

Globalisation means the interconnections in economic activities, trade and business that have led to the integration of manufacturing processes and markets around the different economies of the world. __________________________________________________________________________________________It is a process that is an offshoot of the liberalisation of previously closed national economies and opening them up to international manufacturers.________________________________________________________________________________ Domestic companies are very often pitted against multi national corporations as a result of this._______________ Reduction of trade barriers like tariffs, import duties and licensing quotas have hastened this process by fuelling capital and investment movements.________________________________________ It has led to demand for skilled labour. It has manifested itself culturally as well through the circulation of ideas. Dissemination of knowledge and technology is another important aspect of globalisation.

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