SSC MTS EXAM

Detailed explanation-1: -Globalisation is the process of rapid integration or interconnection of countries. MNCs are playing a major role in the process of globalisation. More and more goods and services, investments, and technologies are moving between countries. There is one more way in which nations can be connected.

Detailed explanation-2: -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-3: -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.

Detailed explanation-4: -Economic globalization. Political globalization. Cultural globalization.