Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This section outlines various definitions and interpretations of globalisation , highlighting its multifaceted nature as described by scholars. It emphasizes globalisation as a process characterized by increasing interconnectedness and the intensification of global social relations, leading to impacts across economic, social, cultural, and political dimensions. What is Globalisation ? Globalisation is the process of integrating a country's economy with the global economy by removing restrictions on trade and capital flows. Simply put, globalisation is the process of interaction and union of individuals, organisations, and governments on a worldwide scale. Globalization is the growing interdependence of the world’s economies, cultures, and populations, driven by cross-border trade in goods and services, technology, and flows of investment, people, and information. In simpler terms, it is the process by which the world becomes increasingly connected and integrated—spanning economic activities, political policies, technological exchanges, and cultural influences. Over recent decades, advancements in transportation and communication, combined ...
