Can you define globalization?

ha ha thats brilliant carpy

Globalization is the process by which the economies of countries around the world become increasingly integrated over time. This integration occurs as technological advances expedite the trade of goods and services, the flow of capital, and the migration of people across international borders. The term has been used in this context since the 1980s, when computer technology first began making it easier and faster to conduct business internationally. Globalization can also refer to the efforts of businesses to expand their operations to new countries and markets. According to a cover story in Business Week, globalization "has created millions of jobs from Malaysia to Mexico and a cornucopia of affordable goods for Western consumers. It has brought phone service to some 300 million households in developing nations and a transfer of nearly $2 trillion from rich countries to poor through equity, bond investments, and commercial loans. It's helped topple dictators by making information available in once sheltered countries. And now the Internet is poised to narrow the gulf that separates rich nations from poor nations even further in the decade to come." Without a doubt, globalization has had a number of positive effects on nations and businesse

I like it. Very good. I looked at this because I thought you had strayed into the wrong section and I was intrigued to find out if that was the case.

Haha! Smart!

I sure have learnt something new. Excellent list. Well worth a star.

PMSL very, very clever mate.

I'm thinking of changing my name to Scoffed Topic bar. mmmmmmmmmmmmmmmmmmmm hehehehehehe.

Velly Intelesting!.

Have a great weekend SBC. ;-)

x

LOL! I was just about to tell you that you're in the wrong category!

very good!!

thanks for sharing this!

I reckon it deserves a star!! *

Very true ha ha good joke,,,