GENERAL KNOWLEDGE

Detailed explanation-1: -Globalization refers to the spread of the flow of financial products, goods, technology, information, and jobs across national borders and cultures. In economic terms, it describes an interdependence of nations around the globe fostered through free trade.

Detailed explanation-2: -Cultural globalisation refers to the transmission of ideas, meanings and values around the world in such a way as to extend and intensify social relations. This process is marked by the common consumption of cultures that have been diffused by the Internet, popular culture media, and international travel.

Detailed explanation-3: -Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Globalization also captures in its scope the economic and social changes that have come about as a result.

Detailed explanation-4: -glob·al·ism ˈglō-bə-ˌli-zəm. : a national policy of treating the whole world as a proper sphere for political influence compare imperialism, internationalism.