Question

'Globalisation is the process of rapid integration or interconnection between countries.' Explain the statement with examples.

Answer 1

Globalisation is the process by which different countries become more connected to each other, like pieces of a puzzle fitting together.

1. Trade: Trade has a significant role in globalisation, and global trade has become more prevalent than ever. For example, while a phone may be manufactured in one country, its components may originate in others.
2. Travel: Globalisation facilitates international travel. Almost anywhere on the globe is accessible by plane. This promotes cultural interchange and global learning.
3. Communication: Technology allows us to communicate instantly with people around the globe. Emails, video conversations, and social media enable us to engage with individuals from other countries and cultures.
4. Investment: Companies from one country may invest in another country to develop factories or offices. This generates jobs and helps economies in both locations. For example, a car business may invest in an overseas facility to enter new markets.
5. Cultural Exchange: Globalisation is not solely about business. It involves sharing ideas, music, movies, and cuisine. Globalisation has enabled people to enjoy sushi in New York City and K-pop in South America.

Globalisation refers to the world becoming smaller and more linked. Countries may now readily collaborate, trade, and exchange ideas and cultures.