Question

Difine globalization

Answer 1

Globalization means the process by which businesses or other organizations develop international influence or start operating on an international scale.

Answer 2

a worldwide movement toward economic, financial, communications, and trade integration

"the world is connected now"

examples: - businesses begin operating internationally

- tendency towards internat. investment, trade, IT, and the outsroucing of manufacturing across borders

- in some case, decline in the importance of the nation state