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What is Globalization: Trends and Impacts Explained about?

Globalization is the process by which economies, societies, and cultures have become integrated through communication, transportation, and trade. It involves the movement of people, goods, capital and ideas across international borders and has accelerated due to advances in technology. Globalization has three main elements: privatization, deregulation and liberalization of trade policies. It exists in economic, cultural and political forms and has effects such as increasing global output, spreading technolo

Author

Babylyn Atillaga

Language

EN