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Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.
What is Globalization? Economic "globalization" is a historical process, the result of human innovation and technological progress. It refers to the increasing integration of economies around the world, particularly through the movement of goods, services, and capital across borders.
Globalization contemporarily, can be seen as the intensification, widening and deepening of international networks across the economic, military, technological, ecological, health, migratory, political and cultural flows.
Globalization is growth on a worldwide scale. It is the process of integration and international influence of economies and cultures. In the examples of globalization below, you'll see that it's not only an exchange of goods, but also an exchange of ideas and even anti-terrorist protections.
The Globalization Project is a collaboration with the Political Economy Research Institute at the University of Massachusetts Amherst. The overall intent of the project is to support research and education concerning issues of globalization in general, and international finance, trade and production in particular.

People also ask

Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
In its general definition, globalization can be defined as an extensive network of. economic, cultural, social and political interconnections and processes which goes beyond. national boundaries' (Yeates 2001) However its agreed that globalization 'is not a policy.
Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Globalization also captures in its scope the economic and social changes that have come about as a result.
In its general definition, globalization can be defined as an extensive network of. economic, cultural, social and political interconnections and processes which goes beyond. national boundaries' (Yeates 2001) However its agreed that globalization 'is not a policy.
Globalisation is the inter-relationship and interlinking between the local and global. (international) market. Not only economic aspect but all aspects (political, economic, sociological and cultural). It is a very broad term, includes all aspects of the society. Economic dimension, liberalisation.

globalization project class 12 pdf