2007-02-08 12:17:44 · 13 answers · asked by Gaurav B 1 in Social Science ➔ Economics
globalisation is the ability to produce any good or service anywhere in the world useing components and raw materials anywhere in the world, sell that good or service anywhere in the world and then put the profits anywhere in the world without facing barriors
2007-02-08 20:50:36 · answer #1 · answered by supremecritic 4 · 0⤊ 0⤋
Globalization, or globalisation is a term describing the increasing interdependence, integration and interaction among people, companies and corporations in disparate locations around the world. This umbrella term refers to a complex medley of economic, trade, social, technological, cultural and political relationships. The term has been used as early as 1944, however Theodore Levitt is usually credited with its first use in an economic context...
2007-02-11 04:13:07 · answer #2 · answered by Prasun Saurav 3 · 0⤊ 0⤋
globalisation means integrating one economy with that of the world economy
2007-02-09 04:05:02 · answer #3 · answered by divya chandran 1 · 0⤊ 0⤋
It is the process of expanding a firm, what ever it may be like educational, business, agricultural, etc, in such a way that it can be accessed by any one in the world. It means that it can offer its services to any one without much limitations.
2007-02-09 06:00:58 · answer #4 · answered by musafir 1 · 0⤊ 0⤋
um.... I believe it is GLOBALIZATION!! to ya'll above. check out the book "The World is Flat" by Friedman. It is hella full of stark truth man.. basically globalization is the flattening of the world, no longer are we competing in a market determined by country boundaries. It's an all out game with each person in the world a player yo!! you gots to be able to adapt or you just get screwed. unless your parents are hella rich
2007-02-09 12:14:52 · answer #5 · answered by TashaSSS 1 · 0⤊ 0⤋
It's like a steam engine, in which you have to maintain a difference in temperature, in order to maintain drive. The system rests on the possibility of generating profit through the exploitation of the socially weak
2007-02-08 22:07:49 · answer #6 · answered by manusi 1 · 0⤊ 1⤋
A set of processes leading to the integration of economic, cultural, political, and social systems across geographical boundaries.
www.hsewebdepot.org/imstool/GEMI.nsf/WEBDocs/Glossary
2007-02-11 10:48:10 · answer #7 · answered by sushobhan 6 · 0⤊ 0⤋
Depends on what you mean. As a concept? As a VERB?
here are some links with differing perspectives
2007-02-08 20:26:59 · answer #8 · answered by Professor K 4 · 0⤊ 0⤋
it is a term describing the increasing interdependence,integration and interaction among people companies and corporations in disparate locations around the world.
2007-02-09 02:34:43 · answer #9 · answered by Anonymous · 0⤊ 0⤋
its process of trade which does'nt limit its self within the boundries of a country
investments from and to other countries
imported n exported goods n services is only possible due to globallization
2007-02-08 20:37:27 · answer #10 · answered by kooooooooooooooooooldude 1 · 1⤊ 1⤋