"Globalization" is the trend of the world economy toward becoming a more interdependent system.
Globalization is the manner in which that neighborhood or national methods for doing things end up worldwide, that is, done together around the globe. It is about financial aspects or exchange, innovation, governmental issues, and culture. People feel distinctively about globalization: some think it helps everybody while others think it harms a few people.
Economic globalization is the means by which nations are meeting up as one major worldwide economy, making universal exchange less demanding. In the late twentieth century, numerous nations consented to bring down taxes, or duties on merchandise that are foreign made from different nations.
