Definition Of Globalisation English

The development of an increasingly integrated global economy marked especially by free trade free flow of capital and the tapping of cheaper foreign labor markets.

Definition of globalisation english. Globalization is the spread of products investment and technology across national borders and cultures. In business the term is often used in an economic context to describe an integrated economy marked by free trade the free flow of capital and corporate use of foreign labor markets to maximize returns and benefit the common good. Globalization is the connection of different parts of the world resulting in the expansion of international cultural economic and political activities. We use cookies to enhance your experience on our website including to provide targeted advertising and track usage.

It is the movement and integration of goods and people among different countries. The state of being globalized. Globalization or globalisation commonwealth english. In economic terms it describes the loosening of barriers to international trade.

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. The process enabling financial and investment markets to operate internationally largely. See spelling differences 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. These examples are from the cambridge english corpus and from sources on the web.

This increase in global interactions has caused a growth in international trade and the exchange of. Globalization definition is the act or process of globalizing. Meaning pronunciation picture example sentences grammar usage notes synonyms and more. Meaning pronunciation translations and examples.

Globalization is the process by which ideas goods and services spread throughout the world.