Question

write a short note on globalization ​

Answer 1

In simplest terms, globalization refers to global interconnection in terms of trade, ideas, culture, etc. In a globalized world, social and economic activities transcend the borders and regions.

Answer 2

Globalization is the process where people, organizations, companies and nations interact and integrate. This is through international trade and the development of technology.

Globalization has a number of impacts on the economic, social and political structures of a nation. There are both positive and negative effects for each case. The major economic impact is that there is growth and development of the economy in a country. It creates flow of money in the countries....

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