What is globalisation? - letsdiskuss
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Anonymous

Student | Posted on | Science-Technology


What is globalisation?


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student | Posted on


Globalisation refers to international trade. It is the process by which different nations becomes interconnected for trade and culture exchange. It has increased production of goods and services. it has various features:

  1. Increased International Trade
  2. Spread of a company in many countries
  3. dependence on global economy
  4. Free movement of capitals, goods and services
  5. Recognition of companies like McDonalds and Starbucks

it results not only the growth of economy but also in filling the gap between two nations.

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