globalization

A detailed Summary of globalization


Globalization is a process in which economic, political, and socio-cultural relations are established across a long geographic distance. Globalization gains its strength from the possibilities opened up by technologies, strategies and policies. The reality takes effect when the fears, ideas, actions and reactions occur due to globalization. In a fully globalized society, borders no longer protect people, goods, and symbols. The world becomes this worldwide network where the borders fade away. A factor within globalization is consolidation. This is when globalization is forcing companies that used to enjoy prote



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