COMPUTER FUNDAMENTALS

Detailed explanation-1: -Globalization means integration of countries through commerce, transfer of technology, and exchange of information and culture. In a way, it includes acting together and interacting economies through trade, investment, loan, development schemes and capital across countries.

Detailed explanation-2: -Globalization can be defined as the process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade, investment, and information technology.

Detailed explanation-3: -Technology has played a pivotal role in speeding up globalization, while globalization itself has been a constant driving force for the newer technologies to surface. Thus, it can be said that the globalization and technology have evolved as a twin phenomenon.

Detailed explanation-4: -Economic globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies.