Answer :

Globalisation is the course by which businesses or other organizations expand international influence or start functioning on an international scale. It is the process of relations and incorporation among people, companies, and governments globally.

Features


1. It is a composite and multifaceted phenomenon.


2. It is considered a form of capitalist expansion.


3. It is the integration of local and national economies into a global, unregulated market economy.


4. It grows as a result of advances in transportation and communication technology.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

Give examples of Sociology - Board Papers

In what way adverSociology - Board Papers

The effects of glSociology - Board Papers

How do people finSociology - Board Papers

Briefly disNCERT - Social Change and Development in India

What is gloNCERT - Social Change and Development in India

Choose any NCERT - Social Change and Development in India