Definition Of The Globalisation

Globalization definition is the act or process of globalizing.

Definition of the globalisation. The increase of trade around the world especially by large companies producing and trading. Globalization or globalisation commonwealth english. Globalization is defined in a variety of ways depending on the circumstances. 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.

Globalization is the free movement of goods services and people across the world in a seamless and integrated manner. Globalization is the spread of products investment and technology across national borders and cultures. The state of being globalized. Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange.

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 can be thought of to be the result of the opening up of the global economy and the concomitant increase in trade between nations. In economic terms it describes the loosening of barriers to international trade. 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.

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