What is globalisation? Highlight any three causes of globalisation. – InterviewSolution

InterviewSolution

1.

What is globalisation? Highlight any three causes of globalisation.

Answer»

Globalisation is the integration of an economy with other economies along with the free flow of trade and capital.

The process of globalization is the result of:

1. Historical factors

2. Role of International Organisations like IMF and WTO.

3. Liberalisation and Privatisation

4. Technological innovations.

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