Question

write a short note on globalisation

Answer 1

globalisation means integrating the national economy with the world economy the removal of various Indian International Trade capital movement .
globalisation is the outcome of policy of liberalisation privatisation .
globalisation is generally understood to mean integration of the economic of the country with the world economy.
however it is a complex phenomenon it is an outcome of the set of various policy that aims to transform the world towards greater Independence and integration it involves creation of network and acting transcending economic and social and geographical boundary.
in short globalisation is to create a borderless world.

Answer 2

"Globalization:

The method of connecting different countries through trade and investment by Multinational cooperation (MNC’s) is called Globalization. In order to understand the mechanism involved in Globalization the integration of production as well the integration of the market must be concentrated.

The following are the factors which facilitate the Globalization:

• Rapid improvement in technology by the innovation of many new types of machinery.
• Liberalization of trade and investment policies by different countries.
• WTO’s pressure."