globalisation

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Globalization is defined as the increasing process of interdependence and interconnected between different political, social and economic components of the world. It is the way in which the world is seen as the global village.

Globalization becomes a worldwide system because it integrate people across their national boarders making the world operate as a village and therefore making free movements of goods, capital and information. The term 'globalisation' has been subjected to a variety of interpretations. Though it may simply mean global interconnectedness, it includes a number of interlinked and complex economic, technological, cultural, environmental and political processes. Impact of globalization on trade and employment (http://www.askaboutwriting.com/a-great-essay-example-on-the-impact-of-globalization-on-trade-employment.php) Globalization is the process by which the world is interconnected through technology and powerful infrastructure for the purpose of communicating and managing resources. Globalization seems to talk about several vibrant phenomena which ensure two major components. Firstly, they function across national boundaries and secondly, they result in higher incorporation or interdependence of human societies. It is therefore one aspect of development that affects the world in general, from every point of human view. There are numerous ways in which globalization has impacted the world today. Some of these include modification of worldwide environment in investment, management, machinery, policy-making, economics, and societal conditions, which shaped breaks aimed at the entrepreneurial initiatives to develop global trades at tremendous speed. These would encourage more trading and employment opportunities for individuals across the globe. Globalization offers a boundless opportunity for business endeavors to develop their trade all over the world. Ways in which trade can be linked to globalization. The first way may include the...
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