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Contemporary globalisation is the final wave of globalisation and is characterized by the acceleration and intensification of the technological, cultural, religious, economic and political integration

On the other hand, historical globalisation is the historical process of the world becoming more interconnected.

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Answer: In various ways, economic globalization can be understood. Around the eighteenth century, elements of the Era of Globalization appeared. In the twentieth century, the new age of globalization is known to have arisen

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