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17-06-2024
Social Studies

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What is the process of interaction and integration among people, businesses, and governments of different countries?

Answer :

GinnyAnswer GinnyAnswer

17-06-2024

Final answer:

Globalization is the process of integrating governments, cultures, and financial markets through international trade. It involves increased interaction and integration among people, businesses, and governments of different countries.

Explanation:

Globalization refers to the process of integrating governments, cultures, and financial markets through international trade into a single world market. It involves increased interaction and integration among people, businesses, and governments of different countries through international trade, investment, and technological advancements.

Globalization has various dimensions, including economic, cultural, and political aspects. It leads to the creation of exchanges and interdependencies between participating entities from multiple countries.

Learn more about Globalization here:

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