Question: What do you understand by globalisation explain in your own words?
Globalization refers to the interconnectedness and integration of economies, societies, and cultures around the world. It is driven by advances in technology, transportation, and communication, which have made it easier and faster to conduct business, trade goods and services, and exchange information across borders. Globalization has led to increased interdependence among countries and has created new opportunities for economic growth, innovation, and cultural exchange. However, it has also raised concerns about issues such as inequality, exploitation, environmental degradation, and the erosion of local cultures and identities.
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