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What is globalization |
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Answer» In SIMPLE terms, globalization is the process by which people and goods move EASILY across borders. PRINCIPALLY, it's an ECONOMIC concept – the INTEGRATION of markets, trade and investments with few barriers to slow the flow of products and services between nations.Explanation:Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology. |
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