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what is globalisation? Ch4 history |
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Answer» Globalisation is the integrarion between countries through foreign trade and foregin investment by MNCs The movement of people, goods and services from one nation to another is known as globalization. Globalisation is the opening of local and nationalistic perspective to a broader outlook of interconnected and interdependent world with free transfer of capital, goods and services Globalisation is the economic system that hs emerged since last 50 years.It is generally associated with economy as free movement of goods, capitals, technology, and people across the globe. In a border sense it also includes cultural exchanges b/w different countries of the world. |
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