Globalization Definition

Description: This is the synchronization of the world, its resources, its people, its culture, and its economy. Globalization is a vast term which includes synchronization in terms of communication, trade, and transport. First step towards the globalization is the merger of domestic economy into the international economy through various means. These means include direct or indirect investments through mergers, acquisitions, and joint ventures. It is due to the globalization that many impossible things of the past have become a reality through exchange of ideas, information, technical knowhow, and human intelligence.

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Globalizationdefinition.info

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