What is meant by '' Globalization''??

Question

please Give me full definition.............

Answer 1

Globalization means that countries could freely trade with each other without the exorbitant tariffs and fees. There will be a uniform standard for the production of similar commodities and services. Globalization will mean lower costs of commodities due to minimal taxes and regulation fees.

Answer 2

Well, for you and me it means injustice, here's why. When the world turns toward globalization (which it currently is) it makes all international traders lack of recourse by any government.

Imagine the most notorious criminal in the world now having a passport to freely jump from country to country. Sure "Free Trade" sounds great in an economic theory whose only subtraction can be that of the humans on the planet, but in reality people will get squashed by the corporate entities we have and are continuing to feed.

Free Trade is short hand for No Moral Restrictions.

Welcome to our privately owned slave planet, we made it and will live it in until it all catches up with us.

Answer 3

The term globalization means another form of invading a country.
It has both side good and evils to the adapting country. Economy of Argentina, Brazil, Mexico, Indonesia has collapsed and went it to deep red at the same time countries like China, India had their booms with its using approate methods which suits their country best and not simply opening the door for all

Answer 4

Globalisation or globalization is an umbrella term for a complex series of economic, social, technological, cultural and political changes seen as increasing interdependence, integration and interaction between people and companies in disparate locations.

Economically and socially positive: As an engine of commerce; one which brings an increased standard of living — prosperity to developing countries and further wealth to First World and Third World countries. This view claims that economic prosperity brings about social prosperity.
Economically, socially, and ecologically negative: As an engine of "corporate imperialism"; one which tramples over the human rights of developing societies, claims to bring prosperity, yet often simply amounts to plundering and profiteering. Negative effects include cultural assimilation via cultural imperialism, the export of artificial wants, and the destruction or inhibition of authentic local and global community, ecology and cultures.

Answer 5

totalitarianism