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What is globalisation: Globalization is a process
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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. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world. Globalization is not new, though. For thousands of years, people—and, later, corporations ... It refers to the growing connection between countries through trade, technology, travel and culture . From international brands to cross-border collaborations, Globalisation influences how we live, work and communicate. Globalization refers to the interconnectedness and interdependence of economies, cultures, societies, and nations across the world. It involves the exchange of goods, services, information, ideas, and technology on a global scale, leading to increased integration and interrelation among different regions and countries. Globalization is driven by advancements in technology, communication, and transportation, breaking down barriers and creating a more interconnected and interdependent global ... Globalisation is a multifaceted phenomenon characterized by the intensification of worldwide social, economic, and political relations. Defined by scholars like Anthony Giddens and Jan Aart Scholte, globalisation encompasses the transfer of money, development of information technology, international production, and declining significance of nation-states. It involves interconnectedness and interdependence among countries, reshaping local happenings by distant events and vice versa. The ...
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