Practicing Success
What is Globalization? |
Reductions in restrictions on international trade and capital. The act of stripping a currency unit of its status as legal tender. The transfer of a business, industry, or service from public to private ownership and control. The process by which ideas, knowledge, information, goods and services spread around the world. |
The process by which ideas, knowledge, information, goods and services spread around the world. |
Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. |