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Globalization

Globalization

Globalisation is the process of increasing interconnectedness and interdependence among countries of the world, driven mainly by trade, investment, technology, communication, and the movement of people and ideas. 🌍

In simple words, it means the world is becoming like one big community where national boundaries matter less in terms of economy, culture, and information.

Key Features of Globalisation:

1. Economic integration – free flow of goods, services, capital, and investments across countries.

2. Technological exchange – spread of innovations, internet, and communication networks worldwide.

3. Cultural interaction – mixing of traditions, lifestyles, food, music, and fashion across societies.

4. Labour mobility – migration of people for education, work, and better living conditions.

5. Political & environmental cooperation – countries working together on global issues like climate change, terrorism, or pandemics.

👉 In short, globalisation has made the world more connected but also raised debates about inequality, cultural loss, and environmental concerns.

 

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Nilendri Biswal

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