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Also known as globalisation

Globalization (UK: globalisation) is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. It can be attributed to a series of factors, including the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation infrastructure, and the advancement of information and communication technologies. The term globalization first appeared in the early 20th century (replacing an earlier French term ). It developed its current meaning in the second half o

AI overview

Globalization is the increasing connection and integration of countries' economies, markets, societies, and cultures around the world, driven by factors like reduced trade barriers, easier movement of money, better transportation, and improved communication technology. It matters because these interconnections reshape how people work, trade, and interact across national boundaries.

AI-generated from the Wikipedia summary — may contain errors.